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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.

First call for papers for NZAE Conference 2021

This year’s 61st NZAE Annual conference is for ONE day ONLY and NOT the usual 3 day.

The New Zealand Association of Economists is pleased to announce:

First Call for Papers
61st New Zealand Association of Economists Annual Conference
Te Herenga Waka – Victoria University of Wellington Wednesday 23rd, June 2021

Abstracts can be submitted here.

Stata Prize for Excellence in Graphics Communication
The Stata Prize for Excellence in Graphics Communications will be awarded to the written paper that is deemed to make the best use of graphs for data visualization or communication of research findings using graphics. The papers will be judged by leading empirical researchers in economics.

Please see the Call for papers flyer and dedicated conference website for more information.

Please address all conference enquiries to:

Ian Duncan
NZAE Conference Committee
ianduncan.iders@gmail.com

Shelley Haring
Conference Organiser
shelley@on-cue.co.nz

Secretary Manager
New Zealand Association of Economists (Inc.)
economists@nzae.org.nz

NZAE Conference 2021 on 23 June at Wellington

The annual NZAE Conference in 2021 will be Wednesday 23rd June at Victoria University of Wellington, Rutherford House, Pipitea Campus.

Reflecting the continuing challenges of operating in a COVID19 environment, this year we offer a more compact one-day format.

We welcome two distinguished keynote speakers:

  • John Creedy (Victoria University of Wellington) has made important contributions to the study of public economics, labour economics and income distribution in New Zealand.
  • Marjan van den Belt (Terra Moana Ltd, ReGenSEA) is an ecological economist actively engaged in helping organisations and community’s transition towards a sustainability perspective using regenerative economics.

The diversity of their insights, together with those of our other conference contributors, will ensure that the conference appeals to a broad spread of interests. 

Key dates leading up to the Conference are:

  • Tuesday 23rd February. First notice of conference sent out
  • Tuesday 23rd February. Portal for abstract submissions opens
  • Tuesday 23rd March. Final notice of conference sent out
  • Friday 26th March. Conference registration opens
  • Friday 2nd April. Abstracts Due
  • By Thursday 22nd April. Notification of acceptances
  • Thursday 13th May. Registration deadline for presenters
  • Thursday 13th May. Deadline for early-bird registration
  • Monday 7th June. Full papers due for entries to prizes
  • Wednesday 23rd June. Conference start

More detail is available at the dedicated conference website https://www.nzaeconference.co.nz/

Early 2021 economic seminars

Presentations planned by various parties can be found at individual websites listed at https://www.nzae.org.nz/events/general-presentations/

Some early in 2021 include:

  • Friday 31 January. Mikael Elinder of Uppsala University, Sweden on “Smart and Generous” at University of Otago in Dunedin
  • Tuesday 9 February. LEANZ presentations on “Resource Management Review Panel Recommendations for RMA Reform” at Bell Gully in Auckland
  • Friday 12 February. Girol Karacaoglu on “Public Policy for Intergenerational Wellbeing” at The Treasury in Wellington – more info
  • Monday 15 February. LEANZ presentations on “Resource Management Review Panel Recommendations for RMA Reform” at Bell Gully in Wellington

Please approach individual organisations for further details.

Dec 2020 AI (#69) interviews Grimes and MacCulloch

Asymmetric Information Issue No. 69

Contents

  • Editorial
  • An interview with Arthur Grimes (By John Yeabsley)
  • WEAI 96th Annual Conference June 27 to July 1, 2021
  • The Five-Minute Interview with Robert MacCulloch
  • If Bill Phillips were Governor….? (By Grant M Scobie)
  • Book Review of The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival (By Arthur Grimes)
  • 2B RED
  • New Members
  • Blogwatch (By Paul Walker)
  • Research in the Department of Economics at Lincoln University
  • Reinventing the Bazaar by John McMillan (By Weshah Razzak)

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

Inaugural New Zealand Virtual PhD Workshop 17-18 Sep 2020

This initiative was conceived during the lockdown period New Zealand – and the rest of the world – experienced, due to the COVID-19 pandemic. Many academic activities moved online and to a virtual space, including many research events. It seemed appropriate to think about how to ensure that important research conversations keep going, while socially distancing, also and especially within the community of students enrolled in a PhD program in economics at any of the NZ universities, who might otherwise find themselves even more isolated as a result of the ongoing travel restrictions limiting the opportunities for interactions and research exchange. We welcome participants interested in all facets of economics, from academia, public and private sectors alike.

Registration and Zoom link at https://sites.google.com/view/nzvirtualphdworkshop

Aug 2020 AI (#68) interviews Dalziel and Moyle

Asymmetric Information Issue No. 68

Contents

  • Editorial
  • An interview with Paul Dalziel (by John Yeabsley)
  • WEAI –Virtual International Conference March 17-19, 2021
  • Obituary – Jas McKenzie
  • The ‘Five Minute Interview’ with Brendon Moyle
  • What do we know about the quality of statistics produced from a combination of sources? (By Christine Bycroft)
  • Economics Teaching in New Zealand: Emphasising Key Business Applications (By Michael Cameron, Steven Lim & Portia Thompson)
  • 2B RED
  • Blogwatch (by Paul Walker)
  • Relatedness, Complexity and Local Growth (by Benjamin Davies and Dave Maré, Motu)
  • New Members
  • Research in the Department of Economics at the University of Otago

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 2020 NZ PhD Economics Workshop Papers by 14-Aug

Call for Papers
2020 New Zealand Virtual PhD Workshop

Dear colleagues,

We are pleased to announce that the first New Zealand Virtual PhD Workshop endorsed by the New Zealand Association of Economists will take place on Friday, September 18, 2020.

The COVID-19 crisis has many negative effects, but also leads to innovative concepts and allows us to use unexploited technologies. By using online communication platforms, we can broaden participation and achieve a greater diversity of voices.

The aim of this Workshop is to promote the exchange of ideas among PhD students conducting research in all fields of economics. The Workshop offers a platform for young economists to connect, build networks, and receive feedback.

The Workshop will take place using Zoom (live streaming). Each accepted paper will be allocated 20-minutes for its presentation and 10 minutes for questions and discussion.

We cordially invite PhD students and PostDocs to send an extended abstract or full paper to: nzvirtual2020@gmail.com by August 14, 2020. Authors will be informed about the acceptance of their submission by the end of August
.
With generous support by the NZAE Education Trust, we will award a prize ($300) for the best paper and a prize ($200) for the best presentation. To be eligible for the full paper award, a full paper is required by the submission deadline. Only currently enrolled PhD students are eligible for the prizes.

We are looking forward to seeing you online!

Organizers
Simona Fabrizi (University of Auckland)
Andrea Menclova (University of Canterbury)
Dennis Wesselbaum (University of Otago)

pdf copy of notice

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

Apr 2020 AI (#67) includes reflections on University of Canterbury Economics Department

Asymmetric Information Issue No. 67

Contents

  •  
  • Editorial
  • An interview with Bill Rosenberg (by John Yeabsley)
  • New Members
  • The ‘Five Minute Interview’ with Diana Cook
  • Reflections on the founding and evolution of the University of Canterbury Economics Department
  • Blogwatch (by Paul Walker)
  • 2B RED
  • Why are there more accidents on Mondays?
  • AUT Research Profiles

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

NZAE Conference 2020 cancelled

Dear economics community,

Due to the ongoing and worsening COVID-19 situation, the NZAE Council has moved to cancel the 2020 Conference.

This decision was not taken lightly and we apologise for any inconvenience caused.

Please contact our conference managers On Cue with any queries. https://www.nzaeconference.co.nz/

Be safe, be kind

Regards

Peter Tait

President of the New Zealand Association of Economists

First Call for Papers at NZAE Annual Conference Jun/Jul 2020 Wellington

First Call for Papers:
61st New Zealand Association of Economists Annual Conference
To be held at Victoria University of Wellington, Wellington Tuesday 30 June to Thursday 2nd July 2020

NZAE PhD Student Workshop, 2020
To be held at Motu Economic & Public Policy Research office, Wellington Monday 29 June 2020

Stata Prize for Excellence in Graphics Communication
one of many prizes to be awarded at the Conference

Feel free to distribute the attached flyer to colleagues who may be interested in attending the Conference and or joining the Association. Further information can be found within the attached flyer and on the Conference website https://www.nzaeconference.co.nz/

Please email all conference enquiries to Ian Duncan or Jenna Collett at On-Cue or NZAE

Flyer: NZAE2020 first__call_for_papers

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

Early seminars in 2020

Treasury in Wellington hosts Kevin Fox, Professor and Director of Centre for Applied Economic Research, UNSW Business School, Sydney 4 February 2020, discussing “The Digital Economy, Welfare and Productivity Growth“.

Massey University in Palmerston North hosts local Senior Lecturer Kim Hang Pham Do 5 February 2020, discussing “Does tourism improve the community’s well-being in Marine Protected Areas?“.

Motu in Wellington hosts Kevin Rennert, Fellow and Director, Social Cost of Carbon Initiative, Resources for the Future, United States 13 February 2020, discussing “Improving Estimates of the Social Cost of Carbon, and the Status of State and Federal Climate Policy in the United States“.

Otherwise check the web pages of each institution, listed here, in early 2020 for updates.

NZAE Conference 2020 early information

See dedicated conference website for more detail released nearer to the event.

Title: 61st NZAE Conference 2020
Location: Rutherford House, Victoria University of Wellington
Description: Annual 3-day NZAE Conference
Start Date: Tues June 30, 2020
Start Time: 08:00
End Date: Thur July 2, 2020
End Time: 13:30

2020 Conference important dates:

  • Thursday 20th February First notice of conference sent out
  • Thursday 20th February Portal for abstract submissions opens
  • Monday 23rd March Final notice of conference sent out
  • Thursday 26th March Conference registration opens
  • Thursday 2nd April Abstracts Due
  • By Wednesday 22nd April Notification of acceptances
  • Wednesday 13th May Registration deadline for presenters
  • Wednesday 13th May Deadline for early-bird registration
  • Wednesday 10th June Full papers due for entries to prizes
  • Tuesday 30th June Conference start
  • Thursday 2nd July Conference end

PhD Workshop: Tuesday, 29th June; venue TBD

2020 Conference keynotes:

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