Miscellaneous research by staff and visitors
This section provides research conducted by staff and visitors not published as part of the discussion papers or bulletin articles series.
Swine flu: what are the impacts on the New Zealand economy — a macro-modelling Approach
14 July 2009
This research note by Martin Fukac and Kirdan Lees, takes a macroeconomic approach to estimating the impact of swine flu on the New Zealand economy. The paper concludes the impacts of swine flu are likely to be small, with declines in output of at most 0.62 percent in the first year following the outbreak. Read the research paper on Swine Flu (PDF 207KB).
Proceedings from a macroeconomic policy forum
The RBNZ and The Treasury held a conference in June 2006 to examine the broad policy issue, with contributions from international and domestic policy experts. The proceedings of this conference have been made into a book. You may download the complete volume (PDF 2.5MB) here. Individual contributions are listed at Testing stabilisation policy limits in a small open economy: proceedings from a macroeconomic policy forum.
Occasional research papers
These papers present the research of staff economists and visiting academics that were not released as discussion papers.
The
forecasting and policy system: an introduction (PDF
977KB)
Authors: Richard Black, Vincenzo Cassino, Aaron Drew,
Eric Hansen, Ben Hunt, David Rose and Alasdair Scott
Source:
RB Bulletin, Vol. 60 No. 3, & Research Paper No. 43, August
1997
The forecasting and policy system: the core model (PDF
679KB)
Authors: Richard Black, Vincenzo Cassino, Aaron Drew,
Eric Hansen, Ben Hunt, David Rose and Alasdair Scott
Source:
Research Paper No. 43, August 1997
The output gap: measurement, comparison and assessment
(PDF 1.2MB)
Authors: Iris Claus, Paul Conway and Alasdair
Scott
Source: Research Paper No. 44, 2000
Commissioned research
Household attitudes towards savings, investment and
wealth Sep 2007 (PDF 171KB)
This report was prepared for the Reserve Bank
by consultants Janice Burns and Maire Dwyer. It is a small-scale exploratory
study of households' attitudes to various forms of investment. The idea behind
this work was to get a view, from a sociological perspective rather than an
economic perspective, on why wealth in New Zealand is held in the way it is. In
particular the report looks at why New Zealanders tend to hold such a large
proportion of their wealth in residential property.
Background monetary policy papers for the 2002 PTA
Papers, dealing with specific elements of monetary policy, were published along with the 2002 Policy Targets Agreement (PTA). View a briefing note and related papers 2002.
Supporting papers in the review of the monetary policy framework
In May 2000, the Government initiated an independent review of New Zealand's monetary policy framework. The following papers were used to support the Reserve Bank’s main submission made to the review.
Term of Reference 1
The evolution of Policy Targets
Agreements
Also available as PDF (47KB)
The evolution of monetary policy
implementation
Also available as PDF (50KB)
Inflation targeting in principle and
practice
Also available as PDF (50KB)
Output volatility in New Zealand
Also available as PDF
(124KB)
Business cycle developments and the role
of monetary policy over the 1990s (PDF 308KB), also available in HTML
(Please note that the graphs in
this document have been thumb nailed, so to see the graphs at full size, you
need to click on the small image.)
Monetary policy in an uncertain
world
Also available as PDF (32KB)
Term of Reference 2
Alternative monetary policy
instruments
Also available as PDF (44KB)
Term of Reference 3
Data challenges in the monetary policy
process
Also available as PDF (34KB)
Term of Reference 4
The monetary policy decision-making
process
Also available as PDF (19KB)
The projection process and accuracy of
the RBNZ projections
Also available as PDF (99KB)
Term of Reference 5
Fiscal and monetary
coordination
Also available as PDF (28KB)
Prudential policy and monetary
policy
Also available as PDF (17KB)
Term of Reference 6
Communication of monetary policy
decisions
Also available as PDF (71KB)
Publication of projections
Also
available as a PDF
(30KB)
Forecasting performance of the Reserve Bank: background research
This collection of papers makes up
the greater part of the background research to the December 2002 (Vol. 65(4))
Reserve Bank Bulletin article, "The Reserve Bank's
Forecasting Performance".
Macroeconomic impacts of a foot and mouth outbreak
14 February 2003
Prepared by the Reserve Bank of New Zealand and the Treasury, at the request of the
Department for the Prime Minister and Cabinet, as a part of the Government's
planning for crises and other contingencies. The paper provides a scenario
analysis of the likely macroeconomic impacts of a limited foot-and-mouth disease
(FMD) outbreak in New Zealand. The assessment of the possible economic impact is
indicative only and based on a relatively simple simulation.
Also available
as a PDF (37KB)
