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The intention of this blog is to highlight economists’ work and provide material to support education and general understanding, especially as it relates to economics in New Zealand. It is not a forum for advocacy (other than better use of economics). Posts are categorised as Events, Insights or NZAE News (includes subcategories). Posts are also tagged with the JEL Classification and/or as considered appropriate (see list below). Authors are generally Councillors of the NZAE. Anyone can provide comments. Any views expressed are not necessarily those of the NZAE.

Transport Economics Knowledge Hub seminar in May

The Ministry of Transport and Transport Economics Knowledge Hub invite you to attend a seminar that will present on three topics:

 Treasury’s new Cost Benefit Analysis guide by Dieter Katz, The Treasury

The Economic Evaluation Manual by Graeme Belliss, New Zealand Transport Agency

The role of regulatory impact analysis (RIA) in policy analysis, advice, and political decision-making by Ben Temple, The Treasury

Time and date:                  12:00pm to 1:30pm, Tuesday 03 May 2016

Venue:                                 Ministry of Transport, Level 6, 89 The Terrace, Wellington

RSVP:                                    knowledgehub@transport.govt.nz (by Friday 29 April 2016)

Vacancy for Research Economist at Plant & Food Research closes 22 Apr 2016

PlantFoodResResearch Economist

Auckland or Lincoln I Vacancy 16346

Plant & Food Research is a New Zealand-based science company providing research and development that adds value to fruit, vegetable, crop and food products.

Reporting to the Impact Evaluation Manager, you will generate high quality, robust data and analyses to help determine the impact of our research programs. This includes analysing the impact of a range of investments, supporting our investment portfolio decision making, and working with our science and business specialists to help existing and new customers identify high impact areas for investment. You will also contribute to the development of new research approaches, and help support a growing awareness across New Zealand’s Science & Innovation system of the value of economic evaluation in the design, delivery and reporting of research programs.

Ideally, you will have a PhD in economics or agricultural economics and significant experience in analysing qualitative and quantitative data, problem solving, econometrics, and economic evaluation. This will be supported by strong collaborative and relationship skills, advanced inter-personal and presentation skills, and the ability to effectively communicate information generated by economic analyses to key stakeholders. Knowledge and experience in the agriculture, horticulture and/or seafood industries would be useful. Proficiency in Microsoft Office applications and graphics software is essential.

For more information, registration details and to apply for this position please visit www.careers.plantandfood.co.nz

Applications close 22 April 2016

Attachment: 16346 Research Economist PD – Mar 2016

Vacancy for Professor/Senior Lecturer/Lecturer in Applied Econometrics, Macroeconomics at Canterbury University closes 24 Apr 2016

UniCantApplicants with expertise in applied econometrics and/or macroeconomics are encouraged to apply.

Department of Economics and Finance
College of Business and Law

* Full-time (1.0 FTE)
* Continuing (i.e. permanent) position

The Department of Economics and Finance invites applications for a continuing/tenured position of Associate Professor/Senior Lecturer (equivalent to the Assistant Professor to Associate Professor rank in the US). Applicants with expertise in applied econometrics and/or macroeconomics are encouraged to apply. The actual position will be dependent on the successful candidate’s qualifications and experience.

The Department of Economics and Finance is part of the University of Canterbury’s School of Business and Economics, which is one of New Zealand’s leading business schools. The department has an establishment of 17 full-time faculty, is research-focused and has a strong international representation among the faculty. The standard teaching load in the Department is 3 courses per year plus postgraduate supervisory responsibilities. The department provides a collegial environment, and members of academic staff have access to generous internal research funding and sabbatical leave. Successful candidates should have a strong and ongoing record of publications in high-quality, internationally recognised academic journals; have good teaching skills and a commitment to quality teaching delivery; and be able and willing to contribute to College and professional service activities.

The closing date for this position is: Sunday, 24 April 2016.

The University of Canterbury is committed to promoting a world-class learning environment through research and teaching excellence, and has a vision statement of ‘People Prepared to Make a Difference’. You will have the opportunity to work alongside members of a diverse academic community and enrich your own professional and personal development.

The University of Canterbury is located in Christchurch, New Zealand’s third largest city. Christchurch offers a wide variety of recreational, sporting and cultural activities, and this position offers an excellent quality of life.

For information about the range of benefits in joining UC please visit us online at: http://www.canterbury.ac.nz/joinus

Applications for this position should include a cover letter, curriculum vitae (CV)/résumé and any additional attachments. These should be combined into one document and submitted online. Applicants should include in their cover letter/CV a statement clearly addressing the selection criteria as outlined in the Person Specification, summaries of evaluations of recent teaching, details of research activities and publications, and the names of three referees.

Enquiries of an academic nature should be made to Professor Bob Reed (Economics and Finance Department) by email at: bob.reed@canterbury.ac.nz

The University of Canterbury is an EEO employer and actively seeks to meet its obligation under the Treaty of Waitangi.

Transport Economics Knowledge Hub Debate in April

The Ministry of Transport and Transport Economics Knowledge Hub invite you to:

The Transport Economics Hub Debate:

Can New Zealand overcome the competitive disadvantage of being far away from international markets?

YES: Dave Heatley, Wayne Heerdegen, Iain McGlinchy, Nathaniel Robson

NO: Tom Simonson, Ian Duncan, Natalia Fareti, Alec Morrison

Chair: Kirdan Lee

Time and date:  12:30pm to 1:30pm, Tuesday 5 April 2016

Venue:   Ministry of Transport, Level 6, 89 The Terrace, SAS Tower, Wellington

RSVP:   knowledgehub@transport.govt.nz

 

 

 

 

 

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
Email: peter.tait@lincoln.ac.nz

OR

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

Transport Economics Knowledge Hub Upcoming Seminar in March

Transport Economics Knowledge Hub invite you to:

  • Economic development and transport by Ian Duncan (Principal Economist at Ministry of Transport)
  • Analytical framework and real options by David Greig (Strategy Director at Ministry of Transport) and Joanne Leung (Principal Economist at Ministry of Transport)

Time and date:  12 pm to 1 pm, Monday, 14 March 2016

Venue:   Ministry of Transport, Level 6, SAS Tower, 89 The Terrace, Wellington

RSVP:   KnowledgeHub@transport.govt.nz

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.

CONDITIONS OF ENTRY

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

Contents:

  • 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.

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

GEN Annual Conference 30 Nov 2015

GEN Annual Conference 2015
“THE NEXT 5 YEARS; POLICY ISSUES AND PRACTICES”

The 2015 GEN Annual Conference will be held on 30 November at the Intercontinental Hotel, Wellington.

The next five years will see important changes in New Zealand. We will continue to get older, we can expect more disruptive technological innovations, global markets will evolve, and major debates around inequality, regulation and the investment approach will likely continue. At this day-long conference, international and domestic experts will outline what some of the most important changes over the next five years could be and how these could affect the knowledge and skills requirements of economists in government in New Zealand.

This will include sessions on:

  • The current state of economic thinking and what this may mean for income transfer policies and regulation
  • New Zealand’s changing demographic profile
  • The changing business outlook
  • Policymaking under uncertainty
  • The investment approach to social policy

The line-up of speakers includes:

  • Hon Bill English; MP, Deputy Prime Minister, Minister of Finance
  • Prof Warwick McKibbon; Director of the Centre for Applied Macroeconomic Analysis Australian National University
  • Sir David Ramsden; Director General UK HM Treasury Chair of UK Government Economic Service
  • Prof Robert Wade; Professor of Political Economy, London School of Economics

NZAE Conference 2016 timeline and keynote speakers

The 2016 Conference will follow the highly regarded 2014 conference held in the Sir Paul Reeves Building at AUT, Mayoral Drive, Auckland. Keynotes speakers include David Teece, James K. Galbraith, John Gibson and Janet Currie.

Key Dates:
Wednesday 24th February.   First notice of conference sent out
Wednesday 24th February.   Portal for abstract submissions opens
Wednesday 23th March.   Final notice of conference sent out
Monday 28th March.   Conference registration opens
Friday 1st April.   Abstracts Due
By Monday 25th April.   Notification of acceptances
Monday 16th May.   Registration deadline for presenters
Monday 16th May.   Deadline for early‐bird registration
Monday 13th June.   Full papers due for entries to prizes
Wednesday 29th June.   Conference start
Friday 1st July.   Conference end

NZAE Speakers 2016

James Galbraith

James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair of Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin.  His most recent book, The End of Normal, was published in September, 2014 by Free Press. Other books include Inequality and Instability, and What Everyone Needs to Know About Inequality.

He holds degrees from Harvard (A.B., 1974) and Yale (Ph.D. in Economics, 1981) and won a Marshall Scholarship to King’s College, Cambridge.  He has served on the congressional staff, including as Executive Director of the Joint Economic Committee, is chair of Economists for Peace and Security and Senior Scholar at the Levy Economics Institute.

In 2010 he was elected to the Accademia Nazionale dei Lincei.  In 2012, he was President of the Association for Evolutionary Economics.  He is the 2014 co-winner of the Leontief Prize for advancing the frontiers of economic thought.

http://utip.gov.utexas.edu/JG/

David TeeceProfessor David J. Teece is an authority on subjects including the theory of the firm and strategic management, the economics of technological change, knowledge management, technology transfer, and antitrust economics and innovation. He has a Ph.D. in economics from the University of Pennsylvania, has held teaching and research positions at Stanford University and Oxford University, and has also received three honorary doctorates. Dr. Teece has testified before Congress on regulatory policy and competition policy, is author of over 200 books and articles, and is the editor of “Industrial & Corporate Change” (Oxford University Press). According to Science Watch, he is the lead author on the most cited article in economics and business worldwide, 1995–2005. He is also one of the top 10 cited scholars in economics and business for the decade, and has been recognized by Accenture as one of the world’s top 50 business intellectuals.

http://businessinnovation.berkeley.edu/intellectual-capital/research/

John GibsonJohn Gibson is Professor of Economics at the Waikato Management School. A graduate of Lincoln University, John has a doctorate from Stanford University in the United States. His teaching and research interests are in microeconomics and in the micro econometric aspects of development, labour and the international economy. John is currently a Senior Research Associate at the Motu Economic and Public Policy Research Trust. His other research interests include poverty measurement, where he is a member of an expert group advising the United Nations Statistical Division, the design and analysis of household survey data, and economic development, especially in China and other Asian and Pacific economies.

https://www.mngt.waikato.ac.nz/staff%20List/staffhome.asp?user=JKGIBSON

Janet CurrieJanet Currie is the Henry Putnam Professor of Economics and Public Affairs at Princeton University and the Director of Princeton’s Center for Health and Well Being. She is a member of the Institute of Medicine, a fellow of the American Academy of Arts and Sciences, the American Academy of Political and Social Sciences, and the Econometric Society, as well as past Vice President of the American Economic Association and in-coming President of the Society of Labor Economists. She is on the Board of Reviewing Editors of Science magazine and on the editorial board of the Quarterly Journal of Economics.

Her research focuses on the health and well-being of children including early intervention programs, expansions of public health insurance, public housing, and food and nutrition programs. Her current research focuses on socioeconomic differences in child health, environmental threats to children’s health, and the long term effects of poor health in early childhood.

http://www.princeton.edu/~jcurrie/index.html

August 2015 AI (#53) remembers Peter, Allan and Seamus

Asymmetric Information Issue 53 August 2015

Contents:

  • Editorial
  • Obituary: Peter Conway
  • Obituary: Allan Catt

  • Obituary: Seamus Hogan

  • An Interview with John Yeabsley (by David Galt)

  • From the 2B RED File (by Grant Scobie)

  • ‘Frames’ (by Stuart Birks)

  • The ‘Five Minute Interview’ (Rhema Vaithianathan)

  • Blogwatch (by Paul Walker)

  • Fine Lines (by John Creedy)

  • (Motu) The impact of R&D subsidies on innovation by

    New Zealand firms (by Adam Jaffe and Trinh Le)

  • (Stats New Zealand) Improving our understanding of

    labour demand (by Daniel Griffiths)

  • Report from GEN

  • Research in Progress

    (Victoria University of Wellington)

  • The Citation for the A. R. Bergstrom Prize in

    Econometrics