Programme

Summary of All Sessions for NZAE Conference 2007

# Date/Time Location Type Title Papers Organizer
1 June 27, 2007
9:15-10:30
Canterbury Suite invited Keynote One: AWH Phillips Memorial Lecture 1 Les Oxley
2 June 27, 2007
11:00-13:00
Canterbury Suite contributed Implementing monetary policy 4 Kirdan Lees
3 June 27, 2007
11:00-13:00
Bealey # 2 contributed Advances in New Zealand statistics 3 Andrew Coleman
4 June 27, 2007
11:00-13:00
Rolleston # 1 contributed Health, Development and Politics 4 Frank Scrimgeour
5 June 27, 2007
11:00-13:00
Bealey # 1 contributed Environmental Economics 4 Frank Scrimgeour
6 June 27, 2007
11:00-13:00
Rolleston # 2 contributed Productivity and economic growth 3 Iris Claus
7 June 27, 2007
13:45-15:15
Bealey # 1 contributed Game Theory and Information 3 Frank Scrimgeour
8 June 27, 2007
13:45-15:15
Bealey # 2 contributed International Trade 3 Bill Kaye-Blake
9 June 27, 2007
13:45-15:15
Canterbury Suite contributed R&D and technology 3 Iris Claus
10 June 27, 2007
13:45-15:15
Rolleston # 2 contributed Linkages between statistics and policy 3 Kirdan Lees
11 June 27, 2007
13:45-15:15
Rolleston # 1 contributed Taxation 3 Iris Claus
12 June 27, 2007
15:45-17:15
Bealey # 1 contributed Exports and migration 3 Iris Claus
13 June 27, 2007
15:45-17:15
Canterbury Suite contributed Macroeconomic forecasting 3 Kirdan Lees
14 June 27, 2007
15:45-17:15
Rolleston # 1 contributed Development Economics 3 Andrew Coleman
15 June 27, 2007
15:45-17:15
Rolleston # 2 contributed New Economy, Human and Social Capital 2 Les Oxley
16 June 27, 2007
15:45-17:15
Bealey # 2 contributed Energy, aid and development 3 Les Oxley
17 June 27, 2007
17:30-18:30
Canterbury Suite invited Keynote Two 1 Les Oxley
18 June 28, 2007
9:00-10:30
Bealey # 1 contributed Local market dynamics 3 Kirdan Lees
19 June 28, 2007
9:00-10:30
Canterbury Suite invited NZ PhD Programmes in Economics 1 Les Oxley
20 June 28, 2007
9:00-10:30
Rolleston # 1 contributed Human capital accumulation and family formation 3 Andrew Coleman
21 June 28, 2007
9:00-10:30
Bealey # 2 contributed Firm behaviour 3 Iris Claus
22 June 28, 2007
11:00-12:45
Canterbury Suite invited Keynote Three 1 Les Oxley
23 June 28, 2007
14:00-15:30
Bealey # 1 contributed Finance and insurance 2 Iris Claus
24 June 28, 2007
14:00-15:30
Rolleston # 2 contributed Land Use Modelling 3 Bill Kaye-Blake
25 June 28, 2007
14:00-15:30
Canterbury Suite contributed Housing cycles, determinants and implications 3 Kirdan Lees
26 June 28, 2007
14:00-15:30
Rolleston # 1 contributed New Zealand Economy 3 Kirdan Lees
27 June 28, 2007
14:00-15:30
Bealey # 2 contributed DSGE models and their applications 3 Kirdan Lees
28 June 28, 2007
15:45-17:45
Rolleston # 2 contributed Uses of the longitudinal firm performance dataset 4 Kirdan Lees
29 June 28, 2007
15:45-17:45
Canterbury Suite contributed Environmental Economics II 4 Frank Scrimgeour
30 June 28, 2007
15:45-17:45
Bealey # 1 contributed Work, welfare and earnings 3 Les Oxley
31 June 28, 2007
15:45-17:15
Bealey # 2 contributed Microeconomics – Markets 3 Frank Scrimgeour
32 June 29, 2007
9:00-10:30
Canterbury Suite invited Keynote Four 1 Les Oxley
33 June 29, 2007
11:00-12:30
Bealey # 1 contributed Migration 3 Les Oxley
34 June 29, 2007
11:00-12:30
Canterbury Suite contributed The NZ Housing Market 1 Les Oxley
35 June 29, 2007
11:00-12:30
Bealey # 2 contributed Miscellaneous 3 Frank Scrimgeour

35 sessions, 96 papers

Session 1: Keynote One: AWH Phillips Memorial Lecture
Session Chair: Grant Scobie, Treasury
Session type: invited
Climate change beyond Kyoto
By Warwick McKibbin
   Presented by: Warwick McKibbin, Australian National University


Session 2: Implementing monetary policy
Session Chair: John McDermott, Reserve Bank of New Zealand
Session type: contributed
A ”happy halfway house”? Medium term inflation targeting in New Zealand
JEL codes: E31; E51; E58
By Kirdan Lees (Reserve Bank of New Zealand) Sam Warburton (Ministry of Economic Development)
   Presented by: Kirdan Lees, Reserve Bank of New Zealand
   Discussant: Ryoko Ito,
The Implementation of Monetary Policy in New Zealand: What Factors Affect the 90-day Bank Bill Rate?
By Dr. Alfred Guender – Associate Professor – University of Canterbury. Mr Oyvinn Rimer – The Treasury
   Presented by: Oyvinn Rimer, Treasury
The Timeless Perspective vs Discretion: Theory and Monetary Policy Implications for an Open Economy
By Alfred Guender,University of Canterbury
   Presented by: Alfred Guender, University of Canterbury
   Discussant: Kirdan Lees, Reserve Bank of New Zealand
Is it Safe to Follow a Speed Limit Policy?
By David Gillmore, University of Canterbury
   Presented by: David Gillmore,
   Discussant: Cath Sleeman, Reserve Bank of New Zealand


Session 3: Advances in New Zealand statistics
Session Chair: Neil Humphries, Reserve Bank of New Zealand
Session type: contributed
Electronic Card Transactions
By Henry Minish, Statistics New Zealand
   Presented by: Henry Minish, Statistics New Zealand
   Discussant: Neil Humphries, Reserve Bank of New Zealand
Kiwi savers – are we?
By Peter Diamond
   Presented by: Peter Diamond, Statistics New Zealand
   Discussant: Keith Taylor,
Year of the Exporter: Alternative Views of Merchandise Trade Data
By Ken Smart – Statistics New Zealand, Ross Johnstone – Statistics New Zealand
   Presented by: Patricia Jennings, Statistics New Zealand


Session 4: Health, Development and Politics
Session Chair: Michael Cameron, University of Waikato
Session type: contributed
The economics of longevity and mental health: Some Australian evidence
JEL codes: I12, I18, J17
By Darrel Doessel, The University of Queensland Ruth FG Williams, Victoria University Melbourne Harvey Whiteford, University of Queensland
   Presented by: Darrel Doessel, Qland Centre for Mental Health Research
Exploring the Socio-Economic Impacts of HIV/AIDS: Evidence from Northeast Thailand
By Michael Cameron, University of Waikato Steven Lim, University of Waikato Chupasiri Apinundecha, Khon Kaen University Wongsa Laohasiriwong, Khon Kaen University
   Presented by: Michael Cameron, University of Waikato
   Discussant: Duncan Maclaine, University of Queensland
Survey Trust, Experimental Trust and ROSCA Membership in Rural Cameroon
By Alvin Etang, David Fielding and Stephen Knowles
   Presented by: Alvin Etang, University of Otago
   Discussant: Shrabani Saha, Massey University
Antipodean electoral incentives: The pork barrel and New Zealand’s MMP electoral rule
By Eric Crampton, Department of Economics, University of Canterbury Hannah Kite, RBNZ
   Presented by: Eric Crampton, University of Canterbury


Session 5: Environmental Economics
Session Chair: Suzi Kerr,
Session type: contributed
Adaptive Governance and Evolving Solutions to Natural Resource Conflicts
By Kevin Guerin, New Zealand Treasury
   Presented by: Suzi Kerr,
   Discussant: Suzi Kerr,
Politics, Property, and Prices:The Political Economy of Tenure Review in New Zealand’s High Country.
By Ann L. Brower, Lincoln University. Adrian Monks, Lancare Research. Philip Meguire, Dept. of Economics, Univ. of Canterbury.
   Presented by: Philip Meguire, University of Canterbury
Creating a ‘win-win’ for carbon in forestry through tradeable credits and deforestation permits
By Suzi Kerr, Motu Economic and Public Policy Research
   Presented by: Suzi Kerr,
   Discussant: Philip Meguire, University of Canterbury
Exiters from the New Zealand quota managed fishery and their post-exit employment outcomes
By James Stewart Unitec Business School Josefino San Diego Unitec Business School
   Presented by: Josefino San Diego, Unitec New Zealand
   Discussant: Jin Wang, The University of Auckland


Session 6: Productivity and economic growth
Session Chair: Iris Claus, Inland Revenue
Session type: contributed
Productivity, Capital-Intensity and Labour Quality at Sector Level in New Zealand and the UK *
JEL codes: J24, O47, P52
By Geoff Mason, National Institute of Economic and Social Research, London Matthew Osborne, National Institute of Economic and Social Research, London
   Presented by: Geoff Mason, Nat Inst of Econ & Social Research
   Discussant: Aaron Drew, Reserve Bank of New Zealand
Unobserved Components Business Cycles for New Zealand. What are they, and what might drive them?
By Viv B. Hall C. John McDermott
   Presented by: Viv Hall, Victoria University of Wellington
   Discussant: Ozer Karagedikli,
Oil Price Shocks and Economic Growth: Evidence for New Zealand, 1989-2006
By Rukmani Gounder, Massey University, Palmerston North Matthew Bartleet, Ministry of Economic Development, wellington
   Presented by: Rukmani Gounder, Massey University
   Discussant: Iris Claus, Inland Revenue


Session 7: Game Theory and Information
Session Chair: Steven Tucker, University of Canterbury
Session type: contributed
Trust Signaling
By Maros Servátka, University of Canterbury Steven Tucker, University of Canterbury Radovan Vadovic, Instituto Tecnológico Autónomo de México
   Presented by: Steven Tucker, University of Canterbury
Optimal Mechanisms for Grants with Limited Enforcement
By Jennifer Lynn Steele, University of Texas at Austin
   Presented by: Jennifer Steele, University of Texas at Austin
Spam – solutions and their problems
By B. Curtis Eaton, University of Calgary Ian A. MacDonald, Lincoln University Laura Meriluoto, University of Canterbury
   Presented by: Laura Meriluoto, University of Canterbury


Session 8: International Trade
Session Chair: Caroline Saunders, Lincoln University
Session type: contributed
Session JEL code: F1
Prospect for FTA between CER and Korea
JEL codes: F13,
By Shi Young Lee (Chung Ang University, KOrea) Sung Hee Jun (Sunchon National University, Korea)
   Presented by: Shi Young Lee, Chung Ang University
   Discussant: Caroline Saunders, Lincoln University
AN ANALYSIS OF TRADE RELATED ISSUES CONCERNING THE GLOBAL KIWIFRUIT INDUSTRY – WITH A FOCUS ON THE EU, CHINA AND NEW ZEALAND
By Caroline M. Saunders, AERU, Lincoln University Ellen A. E. Anker-Kofoed, AERU, Lincoln University William Kaye-Blake, AERU, Lincoln University
   Presented by: Ellen Anker-Kofoed, Lincoln Univeristy
The Role of Foreign Debt, Total Trade and Labour Force in Sri Lankan Economy
By Ramesh Chandra Paudel, University of Wollongong, Australia/Pacific College of Technology, Sydney, Australia Dr. Nelson Perera, University of Wollongong, Australia
   Presented by: Ramesh Paudel, University of Wollongong
   Discussant: Bill Kaye-Blake, Lincoln University


Session 9: R&D and technology
Session Chair: Geoff Lewis,
Session type: contributed
China’s Energy Economy: Technical Change, Factor Demand and Interfactor/Interfuel Substitution
JEL codes: D24, O33, Q41
By Hengyun Ma, University of Canterbury Les Oxley, John Gibson, Bonggeun Kim
   Presented by: Les Oxley, University of Canterbury
   Discussant: Baiding Hu,
Preliminary economic evaluation of biopharming in New Zealand
By William H. Kaye-Blake, Lincoln University Caroline M. Saunders, Lincoln University Louise K. Ferguson, Lincoln University
   Presented by: Louise Ferguson, Lincoln University
   Discussant: Paul Dalziel, Lincoln University
Business Research and Development in New Zealand: the relevance of industry composition and R&D intensity
By Igor Debski, Ministry of Research, Science and Technology, Wellington, New Zealand Julian Williams, Ministry of Research, Science and Technology, Wellington, New Zealand
   Presented by: Julian Williams, MoRST
   Discussant: Geoff Lewis,


Session 10: Linkages between statistics and policy
Session Chair: Kirdan Lees, Reserve Bank of New Zealand
Session type: contributed
The Difference between the Consumers Price Index and the Household Consumption Expenditure – Implicit Price Deflator: A Preliminary Analysis
By Piyasena Liyanage
   Presented by: Piyasena Liyanage, Statistics New Zealand
   Discussant: Rachel Holden, Reserve Bank of New Zealand
Consumers Price Index: Retrospective Superlative Index and Impact of Alternative Housing Weights
By Ben Nimmo, Statistics New Zealand Chris Pike, Statistics New Zealand
   Presented by: Chris Pike, Statistics New Zealand
Implications of alternative foreign currency conversion methods in the New Zealand Producer Price Index
By Jodi York, Statistics New Zealand Ainslie Restieaux, Statistics New Zealand
   Presented by: Jodi York, Statistics New Zealand


Session 11: Taxation
Session Chair: Matt Benge,
Session type: contributed
Taxable income elasticities and the deadweight cost of taxation in New Zealand (JW)
JEL codes: H21
By Alastair Thomas, Policy Advice Division, New Zealand Inland Revenue Department
   Presented by: Alastair Thomas, Inland Revenue Department
   Discussant: Malathi Velamuri, Victoria University of Wellington
The robust relationship between taxes and US State economic growth
By W. Robert Reed, University of Canterbury
   Presented by: William Reed, University of Canterbury
   Discussant: Patrick Nolan, NZIER
Fiscal Drag and Trans-Tasman Income Differentials
By Patrick Nolan New Zealand Institute of Economic Research
   Presented by: Patrick Nolan, NZIER
   Discussant: Matt Benge,


Session 12: Exports and migration
Session Chair: William Cochrane, University of Waikato
Session type: contributed
The Causative Factors of Bangladesh’s Exports: Evidence from the Gravity Model Analysis.
JEL codes: C23, F12, F14
By Mohammad Mafizur Rahman Lecturer in Economics School of Accounting, Economics and Finance Faculty of Business University of Southern Queensland Toowoomba, QLD 4350, AUSTRALIA. Tel: 61 7 4631 1279 Fax: 61 7 4631 5594 Email: rahman@usq.edu.au
   Presented by: Mohammad Rahman,
   Discussant: Ramesh Paudel, University of Wollongong
A Cross-section Analysis of the Economic and Non-economic Determinants of Economic Migration to New Zealand
By Arlene L. Garces-Ozanne and Clayton R. Weatherston Department of Economics, University of Otago
   Presented by: Arlene Ozanne, University of Otago
   Discussant: Steven Stillman, Motu Economic and Public Policy Researc
Migration and change: the transformation of rural New York following the construction of the Erie Canal, 1825-1845
By Andrew Coleman
   Presented by: Andrew Coleman, Reserve Bank of New Zealand
   Discussant: William Cochrane, University of Waikato


Session 13: Macroeconomic forecasting
Session Chair: Kirdan Lees, Reserve Bank of New Zealand
Session type: contributed
An assessment of recent Reserve Bank forecasts
By Jane Turner, Aidan Yao, Tim Hampton (Manager, Forecasting Team RBNZ)
   Presented by: Jane Turner, Reserve Bank of New Zealand
An analysis of tax revenue forecast errors
By Martin Keene, NZ Treasury Peter Thomson, Statistics Research Associates Limited
   Presented by: Martin Keene, New Zealand Treasury
   Discussant: Sri Farley,
Assessing the Probability of an Inflation Target Breach with DSGE and VAR Models
By Kirdan Lees, Reserve Bank of New Zealand; James Mitchell, National Institute of Economic and Social Research; Shaun Vahey, Norges Bank and Reserve Bank of New Zealand
   Presented by: Kirdan Lees, Reserve Bank of New Zealand


Session 14: Development Economics
Session Chair: Andrew Coleman, Reserve Bank of New Zealand
Session type: contributed
Session JEL code: o15, j61
Causes of Corruption: A Cross-Country Analysis Evaluation
JEL codes: D72, D73, K42,
By Shrabani Saha (Massey University) Rukmani Gounder (Massey University)
   Presented by: Shrabani Saha, Massey University
   Discussant: Andrew Coleman, Reserve Bank of New Zealand
HIV/AIDS and Economic Growth: An Econometric Analysis with Particular Consideration of the Role of Education Capital
By Mr Duncan Maclaine (School of Economics, University of Queensland; Australian Centre for Economic Research on Health)
   Presented by: Duncan Maclaine, University of Queensland
   Discussant: Michael Cameron, University of Waikato
Food Consumption and Calorie Intake in Contemporary India
By Srikanta Chatterjee and Allan Rae Department of Applied & International Economics Massey University Palmerston North New Zealand Ranjan Ray School of Economics & Finance University of Tasmania Hobart Tasmania Australia
   Presented by: Srikanta Chatterjee, Massey University
   Discussant: Tobias Haque, Treasury


Session 15: New Economy, Human and Social Capital
Session Chair: Philip Morrison, Victoria University of Wellington
Session type: contributed
Modelling human capital as a latent variable
By Trinh Le Treasury
   Presented by: Trinh Le, Treasury
   Discussant: Philip Morrison, Victoria University of Wellington
Accessing the Internet. Evidence from the New Zealand census
By Philip S. Morrison and Jeremy Greenbrook-Held, School of Geography, Environment and Earth Sciences, Victoria University of Wellington
   Presented by: Philip Morrison, Victoria University of Wellington


Session 16: Energy, aid and development
Session Chair: Stephen Knowles, University of Otago
Session type: contributed
the impact of economic sanctions and oil price fluctuations on labour force: a case study from the north african
JEL codes: C22, E20, E30
By Absusalam F. Yahia, University of Wollongong Ali S. Saleh, University of Wollongong
   Presented by: Abdusalam Yahia, University of Wollongong
   Discussant: Arlene Ozanne, University of Otago
Measuring aid effectively in tests of aid effectiveness
By David Fielding, University of Otago Stephen Knowles, University of Otago
   Presented by: Stephen Knowles, University of Otago
Renewable Energy in Pacific Island Countries
By Marie Marconnet Victoria University Wellington
   Presented by: Les Oxley, University of Canterbury


Session 17: Keynote Two
Session Chair: Les Oxley, University of Canterbury
Session type: invited
The Economics of Sexual Harassment.
By Deborah Cobb-Clark
   Presented by: Deborah Cobb-Clark, The Australian National University


Session 18: Local market dynamics
Session Chair: Paul Dalziel, Lincoln University
Session type: contributed
The Impact of Immigration on the Labour Market Outcomes of New Zealanders
JEL codes: J61, R23
By David C Maré (Motu) Steven Stillman (Motu)
   Presented by: David Mare, MOTU Economic and Public Policy Research
Adjustment in Local Labour and Housing Markets
By Arthur Grimes (Motu) Dave Mare (Motu) Melanie Morten (Motu)
   Presented by: Melanie Morten, Motu Economic and Public Policy Research
The Long-Run Impact of New Zealand’s Structural Reform on Local Communities
By Steve Stillman (Motu Economic Research) Malathi Velamuri (Victoria University) Andrew Aitken (Motu Economic Research)
   Presented by: Andrew Aitken, Motu Economic & Public Policy Research
   Discussant: Paul Dalziel, Lincoln University


Session 19: NZ PhD Programmes in Economics
Session Chair: John Gibson, Univ of Waikato
Session type: invited
NZ PhD Programmes in Economics
By John Gibson University of Waikato
   Presented by: Frank Scrimgeour, University of Waikato


Session 20: Human capital accumulation and family formation
Session Chair: Malathi Velamuri, Victoria University of Wellington
Session type: contributed
Session JEL code: I21, I38
The Impact of the Domestic Purposes Benefit and Family Assistance on Employment and Partnering in New Zealand: A Preliminary Look
JEL codes: J
By John Fitzgerald Bowdoin College, visiting at Economics Department, University of Auckland Tim Maloney Economics Department, University of Auckland
   Presented by: John Fitzgerald, Bowdoin College
   Discussant: David Mare, MOTU Economic and Public Policy Research
Policy making – are we looking forwards?
By Stuart Birks, Massey University
   Presented by: Stuart Birks, Massey University
Ability, Schooling and Wages: Going Beyond the National Longitudinal Surveys
By Fernando Borraz Universidad de Montevideo
   Presented by: fernando borraz, universidad de montevideo


Session 21: Firm behaviour
Session Chair: Ian MacDonald,
Session type: contributed
Uncertainty, profit and entrepreneurial action: Frank Knight’s contribution reconsidered
By Geoffrey T. F. Brooke, University of Auckland
   Presented by: Geoffrey Brooke, University of Auckland
   Discussant: Brian Silverstone, University of Waikato
Price Competition when Not All Customers Know of All Firms
By B. Curtis Eaton, University of Calgary Ian A. MacDonald, Lincoln University Laura Meriluoto, University of Canterbury
   Presented by: Laura Meriluoto, University of Canterbury
   Discussant: Eugenio Miravete, University of Texas at Austin
The Doubful Profitability of Foggy Pricing
By University of Texas at Austin, CEPR, and S.T. Lee Visiting Fellow at the Institute for the Study of Competition and Regulation.
   Presented by: Eugenio Miravete, University of Texas at Austin
   Discussant: Ian MacDonald,


Session 22: Keynote Three
Session Chair: Kirdan Lees, Reserve Bank of New Zealand
Session type: invited
The economics of time use
By Daniel Hamermesh
   Presented by: Daniel Hamermesh, University of Texas at Austin


Session 23: Finance and insurance
Session Chair: Steven Tucker, University of Canterbury
Session type: contributed
A yield curve perspective on uncovered interest parity
JEL codes: E43, F31
By Leo Krippner, University of Waikato
   Presented by: Leo Krippner, AMP Capital Investors
   Discussant: Richard Watt, University of Canterbury
A New Approximation to the Risk Premium with Large Risks
By Richard Watt
   Presented by: Richard Watt, University of Canterbury
   Discussant: John Tressler, University of Waikato
An Experimental comparison of Two Insurance Contracts
By Richard Watt University of Canterbury Francisco J. Vázquez Universidad Autonoma de Madrid Ignacio Moreno Universidad Complutense
   Presented by: Ignacio Moreno, Universidad Complutense
   Discussant: Steven Tucker, University of Canterbury


Session 24: Land Use Modelling
Session type: contributed
Session JEL code: Q15, C31
Estimating the drivers of regional rural land use change in New Zealand
By Suzi Kerr, Motu Economic and Public Policy Research Jo Hendy, Motu Economic and Public Policy Research Kelly Lock, Motu Economic and Public Policy Research Yun Liang, Motu Economic and Public Policy Research
   Presented by: Kelly Lock, Motu Economic and Public Policy Research
   Discussant: Ross Cullen, Lincoln University
Spatial sampling and spatial autocorrelation in econometric studies of forestation in China
By John Gibson, University of Waikato Scott Rozelle Xiangzheng Deng Emi Uchida
   Presented by: John Gibson, Univ of Waikato
   Discussant: Baiding Hu,
Spatial Determinants of Land Prices in Auckland: Does the MUL have an Effect?
By Arthur Grimes, Motu Economic and Public Policy Research Yun Liang, Motu Economic and Public Policy Research
   Presented by: Yun Liang, Motu Economic and Public Policy Research
   Discussant: Kathryn B. Bicknell, Lincoln University


Session 25: Housing cycles, determinants and implications
Session Chair: Andrew Coleman, Reserve Bank of New Zealand
Session type: contributed
Housing markets and credit constraints in New Zealand
JEL codes: E44
By Andrew Coleman Reserve Bank of New Zealand
   Presented by: Andrew Coleman, Reserve Bank of New Zealand
   Discussant: Ilan Kolet, Bank of Canada
Homeownership and New Zealand labour market flexibility: a spatial perspective*
By William Cochrane Population Studies Centre University of Waikato Jacques Poot Population Studies Centre University of Waikato
   Presented by: William Cochrane, University of Waikato
   Discussant: David Law, Commerce Commission
Housing Market Cycles and Duration Dependence in the United States and Canada
By Ilan Kolet Bank of Canada Rose Cunningham Independent Economic Advisers
   Presented by: Ilan Kolet, Bank of Canada
   Discussant: Andrew Coleman, Reserve Bank of New Zealand


Session 26: New Zealand Economy
Session Chair: Aaron Drew, Reserve Bank of New Zealand
Session type: contributed
Labour Force Participation in New Zealand – past present and future
JEL codes: E24, J20
By Dominick Stephens, Westpac Bank
   Presented by: Dominick Stephens, Westpac Bank
   Discussant: Jason Timmins,
Housing, Monetary Policy and Economic Development
By Professor Paul Dalziel Lincoln University
   Presented by: Paul Dalziel, Lincoln University
   Discussant: Dominick Stephens, Westpac Bank
Are kiwis saving enough for retirement: Evidence from SoFIE
By John Gibson, University of Waikato
   Presented by: John Gibson, Univ of Waikato
   Discussant: William Reed, University of Canterbury


Session 27: DSGE models and their applications
Session type: contributed
Introducing judgment with DSGE models
JEL codes: C51; C53
By Jaromir Benes, Andrew Binning, Kirdan Lees, Sharon McCaw
   Presented by: Andrew Binning, Reserve Bank of New Zealand
Optimal Monetary and Fiscal Policy Mix: The Case for Turkish Economy
By Nazende Özkaramate Coşkun Phd Student Yeditepe University
   Presented by: Nazende Özkaramete Coşkun, Yeditepe University
Threshold for redistribution to promote growth
By Xueli Tang, University of Auckland Debasis Bandyopadhyay
   Presented by: Xueli Tang, University of Auckland
   Discussant: Andrew Binning, Reserve Bank of New Zealand


Session 28: Uses of the longitudinal firm performance dataset
Session Chair: Richard Fabling, Ministry of Economic Development, NZ
Session type: contributed
Some rise by sin, and some by virtue fall, Firm dynamics, market structure & performance
By Richard Fabling, MED, Statistics New Zealand; Arthur Grimes, MED, University of Waikato, Motu; Lynda Sanderson, University of Waikato, MED; Philip Stevens, National Institute of Economic Research MED Philip Stevens
   Presented by: Richard Fabling, Ministry of Economic Development, NZ
Ask Me No Questions and I’ll Tell You No Lies: Comparison of Qualitative and Quantitative Firm Performance Measures
By Richard Fabling (MED, Motu, Statistics New Zealand); Arthur Grimes (Motu, University of Waikato, MED); Philip Stevens (MED, National Institute of Economic and Social Research, London)
   Presented by: Philip Stevens, Minsitry of Economic Development
PETER PIPER PICKED A PECK OF PICKLED PEPPERS AND PACKED THEM OFF TO PORTUGAL: FIRM-LEVEL PATTERNS IN MERCHANDISE TRADE
By Richard Fabling and Lynda Sanderson
   Presented by: Lynda Sanderson, M.E.D.
Do Exporters Cut the Hedge: Who Hedges, When and Why
By Richard Fabling Arthur Grimes
   Presented by: Arthur Grimes, Motu Economic and Public Policy Research


Session 29: Environmental Economics II
Session Chair: Tobias Haque, Treasury
Session type: contributed
Modelling the deemed value catch balancing regime in New Zealand multi-species fishery
By Jin Wang
   Presented by: Jin Wang, The University of Auckland
   Discussant: Josefino San Diego, Unitec New Zealand
Setting Targets in a Nutrient Trading System for Lake Rotorua
By Kelly Lock, Motu Economic and Public Policy Research Suzi Kerr, Motu Economic and Public Policy Research
   Presented by: Kelly Lock, Motu Economic and Public Policy Research
Estimating the value of ecosystem services in New Zealand pastoral farming – a choice modelling approach
By Ramesh Baskaran, Lincoln University Ross Cullen, Lincoln University Steve Wratten, Lincoln University
   Presented by: Ross Cullen, Lincoln University
   Discussant: Kelly Lock, Motu Economic and Public Policy Research
Funding Recreational Opportunity Provision on the New Zealand Conservation Estate
By Tobias Haque, New Zealand Treasury
   Presented by: Tobias Haque, Treasury
   Discussant: Frank Scrimgeour, University of Waikato


Session 30: Work, welfare and earnings
Session Chair: Jan Podivinsky, University of Southampton
Session type: contributed
Does the Impact of Welfare to Work Depend on the State of the Labour Market? The Case of the UK New Deal for Young People
JEL codes: J64, J68
By Duncan McVicar, Queen’s University, Belfast, UK Jan M. Podivinsky, University of Southampton, UK
   Presented by: Jan Podivinsky, University of Southampton
Worker-Firm heterogeneity and Matching
By David C Maré (Motu and Statistics NZ) Dean R Hyslop (Treasury and Statistics NZ
   Presented by: David Mare, MOTU Economic and Public Policy Research
   Discussant: Jan Podivinsky, University of Southampton
Longitudinal Evidence on the Impact of Incarceration on Labour Market Outcomes and General Well-Being
By Steven Stillman, Motu, Wellington Malathi Velamuri, Victoria University of Wellington
   Presented by: Malathi Velamuri, Victoria University of Wellington


Session 31: Microeconomics – Markets
Session Chair: Seamus Hogan, University of Canterbury
Session type: contributed
A More Reasonable Model of Insurance Demand: Clarifications and Further Results
JEL codes: D8
By Richard Watt (University of Canterbury) Henri Louberge (University of Geneva)
   Presented by: Richard Watt, University of Canterbury
Vertical Integration and Market Power in Electricty Markets
By Seamus Hogan, Department of Economics,University of Canterbury Richard Meade, New Zealand Institute for the Study of Competition and Regulation
   Presented by: Seamus Hogan, University of Canterbury
Competing with Menus of Tariff Options
By University of Texas at Austin, CEPR, and S.T. Lee Visiting Fellow at the Institute for the Study of Competition and Regulation.
   Presented by: Eugenio Miravete, University of Texas at Austin
   Discussant: Laura Meriluoto, University of Canterbury


Session 32: Keynote Four
Session Chair: Bill Kaye-Blake, Lincoln University
Session type: invited
Labour Supply and Tax Policy: Some OECD Comparisons
By Patrica Apps
   Presented by: Patricia Apps, University of Sydney


Session 33: Migration
Session Chair: John Gibson, Univ of Waikato
Session type: contributed
Moving to Opportunity, Leaving Behind What? Evaluating the Poverty and Inequality Effects of a Migration-Development Policy
JEL codes: J61, F22, C21
By David McKenzie, World Bank John Gibson, University of Waikato Steven Stillman, Motu Research
   Presented by: John Gibson, Univ of Waikato
What Explains the Wealth Gap Between Immigrants and the New Zealand Born?
By Trinh Le, New Zealand Treasury John Gibson, University of Waikato Steven Stillman, Motu Research
   Presented by: John Gibson, Univ of Waikato
Settlement Patterns of Recent Migrants to New Zealand
By Melanie Morten, Motu Research Steven Stillman, Motu Research Dave Mare, Motu Research
   Presented by: John Gibson, Univ of Waikato


Session 34: The NZ Housing Market
Session Chair: Frank Scrimgeour, University of Waikato
Session type: contributed
NZ Housing Market Update
By Dominick Stephens Westpac
   Presented by: Dominick Stephens, Westpac Bank


Session 35: Miscellaneous
Session Chair: Bill Kaye-Blake, Lincoln University
Session type: contributed
COMPUTER-BASED SURVEYING AND FOLLOW-UP QUESTIONS TO IDENTIFY DECISION MAKING STRATEGIES
JEL codes: B49, C25, C42
By Eva Zellman, Lincoln University William Kaye-Blake, Lincoln University Walt Abell, Lincoln University
   Presented by: William Kaye-Blake, Lincoln University, New Zealand
Propositions versus events
By Alexander Zimper,University of Leicester and University of Capetown
   Presented by: Frank Scrimgeour, University of Waikato
Modellling the dynamics of house prices in Australia
By Frank Agbola The University of Newcastle
   Presented by: Frank Agbola, The University of Newcastle