- An analysis of benefit flows in New Zealand using a social accounting framework by Omar Aziz, Nick Carroll & John Creedy
- Recognising and building on freshman students’ prior knowledge of economics by Michael P. Cameron & Steven Lim
- Current trends in economics enrolments at secondary and tertiary level by Stephen Agnew
- Improving the profitability of Waikato dairy farms: Insights from a whole-farm optimisation model by Graeme J. Doole
- Demographic transition and the real exchange rate in Australia: An empirical investigation by Kamrul Hassan, Ruhul Salim & Harry Bloch
- Exchange-rate volatility and commodity trade between the USA and Indonesia by Mohsen Bahmani-Oskooee, Hanafiah Harvey & Scott W. Hegerty
- Population ageing and long-run fiscal sustainability in New Zealand by Robert A. Buckle & John Creedy
- The requirements for fiscal sustainability in New Zealand by Robert A. Buckle & Amy A. Cruickshank
- New Zealand’s demographics and population ageing by Geoff Bascand & Kim Dunstan
- Treasury’s 2013 long-term fiscal statement: Assumptions and projections by Matthew Bell & Paul Rodway
- Population ageing and productivity: A survey with implications for New Zealand by Ross Guest
- Population ageing and the growth of income and consumption tax revenue by Christopher Ball & John Creedy
- Can fiscal drag pay for the public spending effects of population ageing in New Zealand? by John Creedy & Norman Gemmell
- Social expenditure in New Zealand: Stochastic projections by John Creedy & Kathleen Makale
- Modelling retirement income in New Zealand by Christopher Ball
- The growth, equity, and risk implications of different retirement income policies by Andrew Coleman
- Tax policy with uncertain future costs: Some simple models by Christopher Ball & John Creedy
I generally stay out of tax debates. I don’t know the economic theories, and valid comparisons are difficult to make.
A business generates $100 a year. The going discount rate is 10 percent. The value of the business is $1,000. That’s if there’s no tax.
Introduce a tax of, say, 30 percent, and the business now yields only $70 a year. The business is worth only $700. The tax liability is capitalised into the value of the business. Continue reading
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.