2021 NZEP Issue 2 includes link between Nobel Memorial prize and Canterbury

The contents of New Zealand Economic Papers, Volume 51, Issue 2, 2021 (available online or by subscription):

    • The safe asset frontier by Kartik Anand & Prasanna Gai
    • The 2020 Nobel Memorial Prize in economics: the Canterbury connection by Richard Watt
    • Changes in New Zealand’s business insolvency rates after the GFC by Viv B. Hall & C. John McDermott
    • Evaluating the impact of 20 hours free early childhood education on mothers’ labour force participation and earnings by Isabelle Bouchard, Lydia Cheung & Gail Pacheco
    • Relative income dynamics of individuals in New Zealand by John Creedy, Norman Gemmell & Athene Laws
    • Inequality in South Africa: what does a composite index of well-being reveal? by Stephanié Rossouw & Talita Greyling

2021 NZEP Issue 1 special issue on Housing Unaffordability

The contents of New Zealand Economic Papers, Volume 51, Issue 1, 2021 (available online or by subscription):

    • House prices and affordability by Ryan Greenaway-McGrevy & Peter C. B. Phillips
    • Repeat sales house price indices: comparative properties under alternative data generation processes by Arthur Grimes, Kade Sorensen & Chris Young
    • City with a billion dollar view by G.C.K. Cooper & K. Namit
    • Real estate bubbles and contagion: new empirical evidence from Canada by Imad Rherrad, Jean-Louis Bago & Mardochée Mokengoy
    • Effects of air quality on house prices: evidence from China’s Huai River Policy by Xinghua Liu, Qiang Li, Satish Chand & Keiran Sharpe
    • The causes and economic consequences of rising regional housing prices in New Zealand by Peter Nunns
    • House prices, (un)affordability and systemic risk by Efthymios Pavlidis, Ivan Paya & Alexandros Skouralis
    • Housing equity and household consumption in retirement: evidence from the Singapore Life Panel© by Lipeng Chen, Liang Jiang, Sock-Yong Phang & Jun Yu
    • Price effects of the special housing areas in Auckland by Mario A. Fernandez, Gonzalo E. Sánchez & Santiago Bucaram

2020 NZEP Issue 3 includes Comparisons of personal well-being

The contents of New Zealand Economic Papers, Volume 54, Issue 3, 2020 (available online or by subscription):

  • Better off? Distributional comparisons for ordinal data about personal well-being by Stephen P. Jenkins
  • A welfare reform for New Zealand: mandatory savings not taxation by Roger Douglas & Robert MacCulloch
  • Modelling income data with exogenous measurement factors by Richard Penny
  • The importance of frontier firms in total factor productivity in New Zealand, 2001–2016 by R. I. D. Harris
  • The business cycle and monetary policy: what changed after the GFC? by Viv B. Hall & C. John McDermott

2020 NZEP Issue 2 includes Evidence on export tax and import-tariff avoidance

The contents of New Zealand Economic Papers, Volume 54, Issue 2, 2020 (available online or by subscription):

  • The ‘disciplinary effect’ of the performance-based research fund process in New Zealand by Robert A. Buckle & John Creedy
  • Visual imagination and the performance of undergraduate economics students by David Fielding, Viktoria Kahui & Dennis Wesselbaum
  • Loss aversion in New Zealand housing by Ryan Greenaway-McGrevy & Cameron Haworth
  • Export tax and import-tariff avoidance: evidence from the trade data discrepancy in the China-New Zealand trade by Kuntal K. Das, Laura Meriluoto & Amy Rice
  • Male height and wellbeing in nineteenth century New Zealand: an analysis of the Boer War contingents by Geoffrey Brooke & Lydia Cheung

Call for papers by 30 August 2020 for NZEP special issue on COVID-19

Call for Papers
Special Issue on
“COVID-19: Economic Implications for New Zealand and the Pacific”

Guest Editors

  • David Fielding (University of Manchester and University of Otago)
  • John Gibson (University of Waikato)
  • Ilan Noy (Victoria University of Wellington)

Since the end of the Second World War, the world economy has not faced a more serious crisis than the COVID-19 induced recession. Most countries in the world have imported the virus and are now beginning to deal with the societal and economic effects.

This Special Issue of New Zealand Economic Papers will be devoted to the economic implications for New Zealand and the Pacific.

We will accept two types of submissions:

1. Research Notes (2,000-3,000 words, up to 4 display items, and up to 30 references)
2. Policy Papers (1,000-2,000 words, up to 2 display items, and up to 15 references)

Research Notes are based upon a swift analyses of preliminary data or the simulation of a theoretical model. All submissions should be based on primary or secondary data (for theoretical submissions this applies to the calibration/parameterization) and be related to the existing literature.

Policy Papers should highlight issues of public interest and inform policy makers. They can be provocative expert pieces evaluating the policy response to COVID-19 or suggesting policy changes. They should also set the policy agenda for the future.
We do welcome submissions on a wide range of economic topics and especially invite submissions from interdisciplinary teams (national and international ones).

In order to facilitate a timely publication, we change the traditional review process used by NZEP. Research notes will be sent out for external review, while Policy Papers will be reviewed by the Guest Editors. Decisions for research notes can be: accept, reject, or minor revision (mostly about verbal explanations or minor changes to the model/estimations). Policy Papers will either be accepted (bar minor editorial changes) or rejected. Major revisions will be rejected, but might be included in a subsequent regular issue.

We aim for a fast turnaround and intend to provide decisions on research notes within two months of the date of submission. For Policy Papers, we will provide a decision within one month. Accepted papers will be published online (in early view) quickly thereafter.

Submission: Via the online portal at https://mc.manuscriptcentral.com/rnzp

Submission Deadline: August 30, 2020.

Tentative (Print) Publication Date: End of 2020 or early 2021

Notice as pdf

2020 NZEP Issue 1 includes NZ financial cycle

The contents of New Zealand Economic Papers, Volume 54, Issue 1, 2020 (available online or by subscription):

      • The New Zealand financial cycle 1968–2017 by Caitlin Davies & Prasanna Gai
      • Equity Market Performance and Public Debt: An Empirical Investigation by King Yoong Lim
      • Productivity in New Zealand: the role of resource allocation among firms by Lisa Meehan
      • A matching simulation to assess additional housing capacity in Auckland by Mario A. Fernandez
      • Stigma, risk perception and the remediation of leaky homes in New Zealand by Michael Rehm, Ka Shing Cheung, Olga Filippova & Dipesh Patel

Call for papers by 30 April 2020 for NZEP special issue on central banking

Submission deadline now: 30 April 2020

Central banks are facing a new and uncertain landscape. The reliance on one policy objective – inflation targeting – and one tool – interest rates – has proven to be inadequate. Despite record-low interest rates over many years and massive liquidity injections by central banks through asset purchase programs, inflation has not picked up as expected in many developed economies. Central banks’ operational independence has been severely questioned. So where do central banks go from here?

This Special Issue of New Zealand Economic Papers will be devoted to addressing these questions using evidence-based economic analysis. We welcome research on all aspects of central banking, including its practices, challenges and the future. We welcome both national and international submissions.

See attached for more detail NZEP Call for Papers Jan2020

2019 NZEP Issue 3 includes evaluation of PBRF metrics

The contents of New Zealand Economic Papers, Volume 53, Issue 3, 2019 (available online or by subscription):

    • Modelling public expenditure growth in New Zealand, 1972–2015 by Norman Gemmell, Derek Gill & Loc Nguyen
    • Quantifying the costs of land use regulation: evidence from New Zealand by Kirdan Lees
    • An evaluation of metrics used by the Performance-based Research Fund process in New Zealand by Robert A. Buckle & John Creedy
    • Turn of the Month effect in the New Zealand stock market by Jun Chen, Bart Frijns, Ivan Indriawan & Haodong Ren
    • A note on sugar taxes and changes in total calorie consumption by John Creedy
    • Citation for Stephen Jenkins to mark his Distinguished Fellow award by the New Zealand Association of Economists by Mark J. Holmes

2019 NZEP Issue 2 includes fuel prices and road accidents in NZ

The contents of New Zealand Economic Papers, Volume 53, Issue 2, 2019 (available online or by subscription):

    • Fuel prices and road accident outcomes in New Zealand by Rohan Best & Paul J. Burke
    • Labour supply elasticities in New Zealand by John Creedy & Penny Mok
    • The evolution of research quality in New Zealand universities as measured by the performance-based research fund process by Robert A. Buckle & John Creedy
    • Bank efficiency in New Zealand: a stochastic frontier approach by Ying Fang Lu, Christopher Gan, Baiding Hu, Moau Yong Toh & David A Cohen
    • Youth response to state cyberbullying laws by Kabir Dasgupta
    • Succession and investment in New Zealand farming by William Wright & P Brown

2019 NZEP Issue 1 includes capability theory of the firm

The contents of New Zealand Economic Papers, Volume 53, Issue 1, 2019 (available online or by subscription):

    • A capability theory of the firm: an economics and (Strategic) management perspective by David J. Teece
    • Expertise: is it a gift or a curse? Evidence from the New Zealand health care sector by Somi Shin
    • The J-curve and bilateral trade balances of Indonesia with its major partners: are there asymmetric effects? by Mohsen Bahmani-Oskooee & Hanafiah Harvey
    • Optimal tax enforcement and the income tax rate: the role of taxable income inequality by John Creedy
    • Using validated measures of high school academic achievement to predict university success by Kamakshi Singh & Tim Maloney
    • Citation for Julia Lane to mark her distinguished fellow award by the New Zealand association of economists by Arthur Grimes

2018 NZEP Issue 3 includes analysis of NZ rich list

The contents of New Zealand Economic Papers, Volume 52, Issue 3, 2018 (available online or by subscription):

  • Monetary, prudential and fiscal policy: how much coordination is needed? by Stephen G. Cecchetti
  • Inflation expectations and low inflation in New Zealand by Özer Karagedikli & C. John McDermott
  • The New Zealand rich list twenty years on by Tim Hazledine & Max Rashbrooke
  • Modal shift for New Zealand shippers for various policy scenarios by Hyun Chan Kim, Diana Kusumastuti & Alan Nicholson
  • The marginal welfare cost of personal income taxation in New Zealand by John Creedy & Penny Mok

2018 NZEP Issue 2 includes whether state ownership is detrimental to performance

The contents of New Zealand Economic Papers, Volume 52, Issue 2, 2018 (available online or by subscription):

  • The fall (and rise) of labour share in New Zealand by Benjamin Bridgman & Ryan Greenaway-McGrevy
  • Business cycle accounting for New Zealand by Thakshila Gunaratna & Robert Kirkby
  • Artwork characteristics and prices in the New Zealand secondary art market, 1988–2011 by John Forster & Helen Higgs
  • New Zealand State-owned enterprises: is state-ownership detrimental to firm performance? by Kenny Ka Yin Chan, Li Chen & Norman Wong
  • Income effects and the elasticity of taxable income by John Creedy, Norman Gemmell & Josh Teng
  • The economists and New Zealand population: problems and policies 1900–1980s by Geoffrey T. F. Brooke, Anthony M. Endres & Alan J. Rogers
  • The effect of public funding on research output: the New Zealand Marsden Fund by Jason Gush, Adam Jaffe, Victoria Larsen & Athene Laws
  • Citation for John Gibson to mark his Distinguished Fellow Award by the New Zealand Association of Economists by Arthur Grimes

Housing Unaffordability special issue call for papers

Housing Unaffordability: An International Economic Problem

Guest Editors:
Peter Phillips peter.phillips@yale.edu
Ryan Greenway-McGrevy r.mcgrevy@auckland.ac.nz

Housing has become increasingly expensive in many urban centres around the world, creating a global economic problem with no easy policy solutions. Housing unaffordability has a pervasive influence on many aspects of economic life. It impacts intergenerational equity, affects retirement decisions, labour mobility and immigration, and raises major policy challenges at both local and national government levels.

This Special Issue of New Zealand Economic Papers will be devoted to addressing these questions using evidence based economic analysis. We welcome research on all aspects of this global economic problem, including its causes, consequences, and policy responses, as well as methodological approaches to its study and empirical analysis.

Ranking: Australian Business Deans Council (ABDC) Journal Quality List – B ranking.

Submission: via the online portal at https://mc.manuscriptcentral.com/rnzp

Please indicate that your paper is meant for the special issue on “Housing Unaffordability” during the submission process.
Selection of papers for the special issue will follow peer review.

Availability: New Zealand Economic Papers is a fully peer-reviewed scholarly journal published by leading international publishers Taylor & Francis (under the Routledge imprint) on behalf of the New Zealand Association of Economists.
The journal is indexed in leading international databases including EconLit, ABI/Inform and EBSCO.

Submission deadline: 31 March 2019

NZEP Call for papers Jun18

2018 NZEP Issue 1 includes question on Kiwisaver net wealth effect

The contents of New Zealand Economic Papers, Volume 52, Issue 1, 2018 (available online or by subscription):

  • KiwiSaver and the accumulation of net wealth by David Law & Grant M. Scobie
  • Analysing the extent and effects of occupational regulation in New Zealand by Simon James Greenwood & Andrea Kutinova Menclova
  • The demand for imported oil: New Zealand’s post-deregulation experience by Mohammad Jaforullah & Alan King
  • Behavioural heterogeneity in the New Zealand stock market by Bart Frijns & Ivan Indriawan
  • Collateral crises and unemployment by Eric Tong
  • Treasury’s refreshed views on New Zealand’s economic strategy: a review article by Paul Dalziel & Caroline Saunders

2017 NZEP Issue 3 includes NZ business cycle, public debt and firm productivity

The contents of New Zealand Economic Papers, Volume 51, Issue 3, 2017 (available online or by subscription):

  • On the robustness of stylised business cycle facts for contemporary New Zealand by Viv B. Hall, Peter Thomson & Stuart McKelvie
  • Price-setting behaviour in New Zealand by Miles Parker
  • Debt projections and fiscal sustainability with feedback effects by John Creedy & Grant Scobie
  • KiwiSaver: an evaluation of a new retirement savings scheme by David Law, Lisa Meehan & Grant M. Scobie
  • The effect of the price or rental cost of housing on family size: a theoretical analysis with reference to New Zealand by Mimi Liu & Jeremy Clark
  • Firm productivity growth and skill by David C. Maré, Dean R. Hyslop & Richard Fabling
  • Citation for David Teece to mark his Distinguished Fellow award by the New Zealand Association of Economists by Arthur Grimes

2017 NZEP Issue 2 special issue on Advances in Competition Policy and Regulation

The contents of New Zealand Economic Papers, Volume 51, Issue 2, 2017 (available online or by subscription):

  • Introduction to the Special Issue on Advances in Competition Policy and Regulation by Simona Fabrizi, Steffen Lippert & John Panzar
  • Competition policy in the global era by Luís Cabral
  • Welfare costs of coordinated infrastructure investments: the case of competing transport modes by Richard Meade & Arthur Grimes
  • Mixed pricing in monopoly and oligopoly: theory and implications for merger analysis by Tim Hazledine
  • Targeted ex post evaluations in a data-poor world by Lilla Csorgo & Harshal Chitale
  • How are industry concentration and risk factors related? Evidence from Brazilian stock markets by Rogério Mazali
  • Brand-level diversion ratios from product-level data by Lydia Cheung

2017 NZEP Issue 1 available

The contents of New Zealand Economic Papers, Volume 51, Issue 1, 2017 (available online or by subscription):

  • Commodity trade between the US and Korea and the J-curve effect by Mohsen Bahmani-Oskooee, Jia Xu & Sujata Saha
  • Estimating the willingness to pay for Warmer and Drier Homes by John Gibson, Riccardo Scarpa & Halahingano Rohorua
  • Educational mismatches and earnings in the New Zealand labour market by Jian Z. Yeo & Sholeh A. Maani
  • Stability of an exponential distribution for New Zealand taxable personal income by R. John Irwin & Timothy C. Irwin
  • Labour supply in New Zealand and the 2010 tax and transfer changes by John Creedy & Penny Mok
  • The source of wealth by Elizabeth Webster
  • A note on inequality-preserving distributional changes by John Creedy

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

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

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