Financial Markets and Corporate Governance Conference 20-21 April 2017 at Victoria



 Victoria University of Wellington, Wellington, New Zealand

 CONFERENCE: 20 & 21 April 2017             PHD SYMPOSIUM: 19 April 2017 


You are invited to submit papers for presentation at the 8th Conference on Financial Markets and Corporate Governance to be held on Thursday, 20th and Friday, 21st April 2017 at the Victoria Business School, Rutherford House, Bunny Street, Wellington.

The theme for the conference is Information and Capital Markets and papers on all aspects of Corporate Governance, Financial Reporting, Capital Markets, Corporate Finance, Investments and Funds Management, Emerging Markets, and related areas are welcome. The deadline for submissions is 28 November 2016.


Professor Katherine Schipper

Thomas F. Keller Professor of Accounting

Fuqua School of Business

Duke University


Professor Peter Clarkson

Professor of Accounting

UQ Business School

University of Queensland

Professor Richard Roll

Linde Institute Professor of Finance,

Division of Humanities and Social Sciences



Professor Renee Adams

Commonwealth Bank Chair in Finance

School of Banking and Finance

University of New South Wales


Pacific Basin Finance Journal will run a special conference issue of the journal and all presenters at the conference are invited to consider submitting their papers to the special issue. Pacific Basin Finance Journal, published by Elsevier, provides a specialised forum for the publication of academic research on capital markets.


Accounting Research Journal is offering an award of AUD1,000 for the best paper presented at the conference or symposium by an emerging scholar.

Securities Research Centre of Asia-Pacific (SIRCA) is offering an award of AUD1,000 for the best paper presented at the conference employing SIRCA data products.


The conference will be preceded by a PhD symposium on Wednesday, 19 April 2017. The symposium will provide PhD students with the opportunity to present their proposal or a working paper and receive expert feedback on their academic work. Students may submit working papers in the same subject areas as covered by the conference.


The conference and PhD symposium are being hosted by Victoria University of Wellington (School of Accounting and Commercial Law, School of Economics and Finance, Centre for Accounting, Governance and Taxation Research), in conjunction with the Department of Banking and Finance, Monash Business School, Monash University, and La Trobe Business School, La Trobe University.

Further information on submission of papers and all other aspects of the conference and PhD symposium is available at:


NZAE PhD Student Workshop 11 July 2017

The New Zealand Association of Economists is pleased to introduce its first PhD Student Workshop in Economics.  At this workshop, PhD students have the opportunity to present their work in progress in a friendly environment and receive feedback from academics and peers.  In doing so, students will meet members of the broader New Zealand Economics community. As well as networking with other PhD students, there may also be the opportunity to meet senior Economists and discuss career options with a postgraduate degree.

Students will not be able to present the same workshop paper at an oral session at the NZAE conference which takes place later that week. However, they will be strongly encouraged to present their workshop paper concurrently as a poster in the main conference – and present a revised version in an oral session in subsequent years.

For whom: PhD students in Economics who are either New Zealand-based or are New Zealand students studying abroad.  Preference will be given to PhD students in the first two years of their studies who register for the NZAE conference.

When: July 11th, 2017

Where: RBNZ, Wellington

A call for papers will be sent out in February 2017.

2017 NZAE Conference dates and keynotes

The NZAE are pleased to announce the following keynote speakesr at their 2017 Conference, held 12-14th July 2017 at Victoria University’s Rutherford House.

    • Lisa Cameron, Professor of Econometrics & Business Statistics, Monash, more.
    • William Strange, Professor of Business Economics, Rotman, more.
    • Andrew Atkeson, Professor of Economics and Finance, UCLA, more.
    • John Gibson, Professor of Economics, Waikato, more


2017 Conference important dates:

  • Wednesday 22nd February First notice of conference sent out
  • Wednesday 22nd February Portal for abstract submissions opens
  • Friday 24th March Final notice of conference sent out
  • Monday 27th March Conference registration opens
  • Monday 3rd April Abstracts Due
  • By Monday 24th April Notification of acceptances
  • Monday 15th May Registration deadline for presenters
  • Monday 15th May Deadline for early-bird registration
  • Monday 12th June Full papers due for entries to prizes
  • Wednesday 12th July Conference start
  • Friday 14th July Conference end

2016 NZEP Issue 3 celebrates 50 years of journal

The contents of New Zealand Economic Papers, Volume 50, Issue 3, 2016 (available online or by subscription):

  • Introduction to NZEP Special Issue by Gary Hawke
  • Fifty years of New Zealand Economic Papers: 1966 to 2015 by Robert A. Buckle & John Creedy
  • Recessions and recoveries in New Zealand’s post-Second World War business cycles by Viv B. Hall & C. John McDermott
  • Does New Zealand economics have a useful past? The example of trade policy and economic development by Geoffrey Brooke, Anthony Endres & Alan Rogers
  • Eighty years of urban development in New Zealand: impacts of economic and natural factors by Arthur Grimes, Eyal Apatov, Larissa Lutchman & Anna Robinson
  • Inequality in New Zealand 1983/84 to 2012/13 by Christopher Ball & John Creedy
  • New Zealand’s experience with changing its inflation target and the impact on inflation expectations by Michelle Lewis & C. John McDermott
  • Book review: A few hares to chase: the life and economics of Bill Phillips, by Alan Bollard, reviewed by Nicholas Barr

August 2016 AI (#56) with conference keynote abstracts

Asymmetric Information Issue 56


  • Editorial
  • An Interview with Ilan Noy (by John Creedy)

  • The ‘Five Minute Interview’ (Judy Kavanagh)

  • NZAE Membership Survey 2015

  • NZAE Conference Keynote Speaker Abstracts

  • NZAE Conference Photos

  • Awards Presented at NZAE Conference 2016

  • Blogwatch (by Paul Walker)

  • (Motu) The Impact of the 90-day Trial Policy

    (by Nathan Chappell and Isabelle Sin)

  • WEAI Conferences, 2017 and beyond

  • GEN Annual Conference 2016

  • (Stats New Zealand) New Information in the

    Labour Market Estimates (by Sharon Snelgrove)

  • Two Recent New Zealand Publications

  • Research in Progress (University of Auckland)

  • NZAE Information and New Members

2016 NZEP Issue 2 including papers on inequality

The contents of New Zealand Economic Papers, Volume 50, Issue 2, 2016 (available online or by subscription):

  • Food expenditure and GST in New Zealand by Christopher Ball, John Creedy & Michael Ryan
  • Income redistribution and changes in inequality in New Zealand from 2007 to 2011: Alternative distributions and value judgements by John Creedy & Jesse Eedrah
  • Does stadium construction create jobs and boost incomes? The realised economic impacts of sports facilities in New Zealand by Samuel A. Richardson
  • Interpreting inequality measures and changes in inequality by John Creedy
  • The effects of home heating on asthma: evidence from New Zealand by Andrea Kutinova Menclova & Rachel Susan Webb
  • From complete to incomplete (contracts): A survey of the mainstream approach to the theory of privatisation by Paul Walker

Congratulations to recipients of NZAE prizes in 2016

Congratulations to the following recipients of prizes presented at NZAE Conference 2016. More detail on each prize is available at

Honours Dissertation Prize Michael Callaghan
New Zealand Economic Policy Prize Sina Mashinchi
NZIER Poster prize – open Andrea Menclova
NZIER Poster prize – student Nazila Alinaghi
People’s choice poster Andrea Menclova
Jan Whitwell Doctoral Yonatan Dinku
Jan Whitwell Doctoral Lan Anh Tong
Jan Whitwell Bachelors / Masters Wilbur Townsend
Seamus Hogan Research Prize Anthony Anyanwu
Statistics NZ prize Lisa Meehan

April 2016 AI (#55) includes interviews with Sherwin and Crampton

Asymmetric Info Issue 55 v2 5 April 2016


  • Editorial
  • An Interview with Murray Sherwin (by Grant Scobie)
  • The ‘Five Minute Interview’ (Eric Crampton)
  • Treasury’s Living Standards Framework (by Bryce Wilkinson)
  • Treasury’s Living Standards Framework – Response to Bryce Wilkinson (by Girol Karacaoglu)
  • Blogwatch (by Paul Walker)
  • (Motu) Residential Assimilation of Migrants (by Dave Maré, Jacques Poot and Ceridwyn Roberts)
  • (Motu) Cyclical changes in Workforce Skill and Firm Productivity Measures (by David Maré, Dean Hyslop and Richard Fabling)
  • (Stats New Zealand) New measures of inflation: Introducing the Household Living-costs Price Indexes (HLPIs) (by Alan Bentley)
  • NEW MEMBERS (January, February and early March 2016)
  • Report from GEN
  • Research in Progress (Reserve Bank of New Zealand)

First Call for 2016 NZAE Conference Papers

57th New Zealand Association of Economists Annual Conference
To be held at Auckland University of Technology Auckland
29 June July – 1 July 2016


The New Zealand Association of Economists is pleased to announce the Call for Papers for its 57th Annual Conference. Abstracts can be submitted here.

Submitters need to submit an abstract of not more than 250 words of their paper for either an oral presentation or the poster session. Full papers are not required at this stage, but for a paper to be considered eligible for the Statistics New Zealand, New Zealand Economic Policy, or Seamus Hogan prizes, a full paper must be submitted by 13 June.

We encourage individuals to present their research in the poster session. Some research is particularly suited to the visual style of a poster presentation; the poster session can also be suitable for work in progress and speculative research. We particularly welcome student research in the poster session.

Submitters are welcome to submit up to three papers. If we are only able to accept one of the submissions, we will contact presenters to ask which paper they would prefer to include. This limit applies to the number of papers presented by any one person, and not to the number of papers on which he or she is a co-author.

Please note that presenters whose papers are accepted for an oral presentation or poster MUST REGISTER by 16 MAY in order to remain on the programme. After this date, the registration fee is non-refundable.

Important dates:

24 Feb – Abstract portal opens
28 March – Conference registration opens
1 April – Abstracts due
By 25 April – Notification of acceptances
16 May – Registration deadline for presenters
16 May – Deadline for Early-bird registration
13 June – Full papers due (entries for SNZ, NZEP and SH prizes)

Please address conference enquiries to:

Dr Peter Tait
NZAE Organising Committee
Agribusiness and Economics Research Unit
Lincoln University
PO Box 85084
Lincoln, 7647
Phone: 64 3 423 0384


Shelley Haring
Conference Administrator
On-Cue Conferences + Events
54 Montgomery Sq.
PO Box 1193
Nelson, 7040
Phone: 64 3 546 6330 ext. 70

2016 NZEP Issue 1 special issue on Economics of Savings

The contents of New Zealand Economic Papers, Volume 50, Issue 1, 2016 (available online or by subscription):

  • Introduction to the special issue by Arthur Grimes & Gail Pacheco
  • Intergenerational developments in household saving behaviour by Mark Vink
  • Retirement income policy and national savings by David Law
  • Pension payments and receipts by New Zealand birth cohorts, 1916–1986 by Andrew Coleman
  • KiwiSaver risk indicators by Henk Berkman, Randall Clement & Annie Zhang
  • Hot property in New Zealand: Empirical evidence of housing bubbles in the metropolitan centres by Ryan Greenaway-McGrevy & Peter C.B. Phillips

Seminars for 2016 including Treasury, RBNZ and universities

A list of seminars at each institution can be found on the pages below.

Students invited to enter for Seamus Hogan Research Prize

The Seamus Hogan Research Prize is a newly-established award to honour the memory of Seamus Hogan (1962-2015). Seamus was President of the New Zealand Association of Economists when he died, after having served several terms on the Association’s Council. Seamus had recently joined the staff of Victoria University of Wellington, and had taught for many years at the University of Canterbury in his native Christchurch. He was highly regarded by his colleagues and students for his teaching, research, and support for the profession and the goals of the Association. It is because of the time and care he took with his many students that the focus of this prize is student research. His obituary can be found in Asymmetric Information, issue 53, August 2015.

The Seamus Hogan Research Prize is awarded for the best public policy paper written by a student and presented at the annual conference. It is for the amount of $1,000.


The prize is for the best paper on a public policy topic written by a student, and it is awarded at the conference. The award is for the written paper, which will be judged according to its clarity of presentation and communication, its critical application of economics to a topic in public policy, and the appropriate selection of empirical and theoretical tools for addressing the policy question at hand.

Entry to the Seamus Hogan Research Prize is open to persons who at the time of the conference are either enrolled in tertiary study in New Zealand or have completed a tertiary degree in New Zealand in the preceding 12 months. There is no residence requirement.

Entrants must be able to attend and present their paper at the NZAE Conference. The presentation may be either an Oral Presentation or Poster Presentation.

Entrants must comply with Conference Registration deadlines as detailed on the conference website.

Co-authored papers are allowed, and the other authors need not meet the eligibility criteria for the award. However, the entrant should have made a substantial contribution to the research.

Authors must comply with all deadlines for submission of Abstracts and Full Papers as detailed on the conference website. Full Papers for the Seamus Hogan Prize may be due before the Conference, to allow sufficient time for judging.

When registering for the conference, please be sure to indicate that you wish to enter the Seamus Hogan Prize.

2015 NZEP Issue 3 includes impact of ageing in NZ

The contents of New Zealand Economic Papers, Volume 49, Issue 3, 2015 (available online or by subscription):

  • The distributional impact of population ageing in New Zealand by Omar A. Aziz, Christopher Ball, John Creedy & Jesse Eedrah
  • The elasticity of taxable income, welfare changes and optimal tax rates by John Creedy
  • Productivity spillovers from foreign direct investment in New Zealand by Tinh Doan, David Maré & Kris Iyer
  • Public–private partnerships for transport infrastructure: Some efficiency risks by Matthew Ryan & Flávio Menezes
  • Safety in the New Zealand sex industry by Laura Meriluoto, Rachel Webb, Annick Masselot, Sussie Morrish & Gillian Abel
  • Citation for Arthur Robson to mark his Distinguished Fellow Award by the New Zealand Association of Economists

December 2015 AI (#54) includes interviews with Creedy and Proctor

Asymmetric Infomation Issue 54


  • Editorial
  • An Interview with John Creedy (by Norman Gemmell)
  • The ‘Five Minute Interview’ (Roger Proctor)
  • NZIER Economics Award 2015
  • Blogwatch (by Paul Walker)
  • (Motu) Performance Evaluation of Research Programmes: The Marsden Fund (by Adam Jaffe)
  • (Motu) Cyclical changes in Workforce Skill and Firm Productivity Measures (by David Maré, Dean Hyslop and Richard Fabling)
  • (Stats New Zealand) Development of New Balance Sheets and Financial Flow Accounts (by Lindsay Beck)
  • NEW MEMBERS (Calendar year 2015 to date)
  • Report from GEN
  • Research in Progress (University of Waikato)

Tell us why you might or might not join NZAE

NZAE would like to learn more about why people choose (or not) to be members of NZAE, and what benefits of membership you’d like to see. Here’s a link to a short survey that will help us find out: SurveyMonkey. We’re keen to hear from both members and non-members, so feel free to pass this link on to others as well as filling it in yourself.

18th Central Bank Macroeconomic Modelling Workshop 7-8 Dec 2015

The Reserve Bank of New Zealand will host the 18th Central Bank Macroeconomic Modelling Workshop. The annual series of workshops aims to give policymakers and academics the opportunity to discuss issues related to the class of models used for policy analysis.

This year’s workshop on “Challenges for Open Economies” focuses on the growing real and financial linkages among economies, and their implications for policy analysis. Topics of particular interest include, but are not limited to: exchange rate determination and impacts, the terms of trade and commodity prices, international factor mobility, policy spillovers and the international dimension of inflation dynamics.

The workshop will be held at the InterContinental Hotel in Wellington, New Zealand on 7-8 December 2015.

Keynote Speakers:

Frank Smets, European Central Bank

Giancarlo Corsetti, Cambridge University

5th Auckland Finance Meeting on 17-19 Dec 2015

The Auckland Centre for Financial Research at the Faculty of Business and Law, Auckland University of Technology is hosting its 5th Auckland Finance Meeting on 17-19 December 2015. The main focus will be on empirical/econometric studies in finance. Topics include (but are not limited to): Asset Pricing; Behavioral Finance; Empirical Corporate Finance; Derivative Markets; Financial Econometrics; Financial Markets; International Finance; Market Microstructure; Risk Management; Volatility Models; Banking; etc. The academic part of the meeting will commence in the afternoon of 17 December and finishes in the afternoon of 19 December.

Prof. Peter Bossaerts – University of Utah, US
Prof. Robert I. Webb – University of Virginia, US