NZAE Conference 2022: Final call for papers

The New Zealand Association of Economists is announcing the Final Call for Papers for its 62nd Annual Conference.

Please submit an abstract of not more than 250 words of your 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, Seamus Hogan, David Teece or Stata prizes, a full paper must be submitted
by Wednesday 6th June.

Abstracts can be submitted here.

You are welcome to submit up to three papers. If we are only able to accept one of the submissions, we will contact you to ask which paper you prefer to present. 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 see the for 2022 Final Call for Papers notice more information and key dates. 

Please address all conference enquiries to:

John Saunders
NZAE Conference Committee
john.saunders@lincoln.ac.nz 

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

NZAE Conference 2022: First call for papers

The New Zealand Association of Economists is pleased to announce the First Call for Papers for its 62nd Annual Conference.

Please submit an abstract of not more than 250 words of your 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, Seamus Hogan, David Teece or Stata prizes, a full paper must be submitted
by Wednesday 6th June.

Abstracts can be submitted here.

You are welcome to submit up to three papers. If we are only able to accept one of the submissions, we will contact you to ask which paper you prefer to present. 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 see the 2022 First Call for Papers notice for more information and key dates. 

Please address all conference enquiries to:

John Saunders
NZAE Conference Committee
john.saunders@lincoln.ac.nz 

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

NZAE Conference 2022: Key dates

The 62nd New Zealand Association of Economists Annual Conference will be held at, and with the generous support of, Victoria University of Wellington on 29 June – 1 July 2022.

Key dates:

  • 21 February – First notice of conference sent out
  • 21 February – Portal for abstract submissions opens
  • 23 March – Final notice of conference sent out
  • 28 March – Conference registration opens
  • 4 April – Abstracts due
  • By 22 April – Notification of acceptances
  • 13 May – Registration deadline for presenters
  • 13 May – Deadline for early-bird registration
  • 6 June – Full papers due for entries to prizes
  • 29 June – Conference day 1
  • 30 June – Conference day 2
  • 1 July – Conference end

Aug 2021 AI (#71) includes obituary of Professor Fraser Jackson

Asymmetric Information Issue No. 71

Contents

  • Editorial
  • In Open Seas. Part I: On the Seashore: (1943-1970) (By Brian Easton)
  • Obituary – Professor Fraser Jackson (By John Yeabsley)
  • The Five-Minute Interview with …Vhari Mcwha Associate Commissioner at the Commerce Commission
  • John Creedy – Citation for NZAE Distinguished Fellow Award
  • Professor John Creedy – Acceptance Speech NZAE Distinguished Fellow Award 2021
  • Congratulations to New Royal Society Fellow: Distinguished Professor Caroline Saunders (by Paul Dalziel)
  • Recipients of Prizes Associated with NZAE Conference 2021
  • A personal reflection on Not in Narrow Seas (by Shamubeel Eaqub, CFA)
  • Delinking the New Zealand Emissions Trading Scheme from the Kyoto Protocol: Comparing Theory with Practice (by Dominic White)
  • 2B RED
  • BLOGWATCH
  • Research in the Department of Economics and Finance at the University of Canterbury
  • New Members

Vacancy for Wellington City Council Manager Economic Wellbeing and CCOs closes 24-Oct-2021

  • Influence and shape the future of Wellington’s economic growth
  • Lead and drive WCC’s economic strategy implementation
  • Role with impact, mana and high profile

Rare is this opportunity to significantly impact the economic development of Aotearoa’s Capital by developing tangible actions to drive productivity and innovation across the economy.

Kia mahi ngātahi mō Pōneke mō tōna āpōpō Working together for Wellington’s future is our unifying purpose and our city vision is ‘An inclusive, sustainable and creative capital for people to live work and play’.

Wellington City Council has an important role in supporting economic activity working alongside key delivery partners.

Roles of the Council encompass:

  • promoting the city as a place to visit, work and undertake business
  • attracting events, providing public amenities, providing functional and resilient infrastructure
  • facilitating connections across the City, nationally and internationally
  • creating a business-friendly environment
  • delivering the Council’s services in a business-friendly way.

Wellington’s economic success is intertwined with the performance of the wider region and the national economy. Our future goal for the city is to attract, retain and grow investment, to create jobs, and to support sustainable economic growth in Wellington City.

This is a newly created senior leadership role established to reflect the significance of the new economic strategy. Integral to this role is leading and driving WCC’s economic strategy implementation, managing the Economic Wellbeing and relationships with the Council Controlled Organisations (CCOs) business units.

You will be a thought leader who will be required to operate broadly across WCC as well as externally, to ensure the appropriate focus, investment, and interventions are developed and deployed to deliver on the Economic Strategy. You will work with and manage CCO strategic relationships, their inputs into the Council’s Strategies and plans, and ensuring alignment to the strategic direction for the city. You’ll ignite a meaningful career by working with our key stakeholders such as WellingtonNZ, iwi, external sector stakeholders and central and local government, to develop and implement regional strategy, shape the contribution of Wellington city, and participate in regional economic development governance and coordination forums.

The role is not for faint hearted – you will be a strategic thinker who understands the economic issues, drivers and levers of growth and can deliver on the Economic Wellbeing priorities for Wellington. You will build strong partnerships, elevating the prominence and our relationships with the CCOs to a strategic level, while navigating the challenging political landscape. In short, it requires a heavy hitter, who can inspire, lead, and collaborate internally, while making their presence felt outside the organisation.

We wish to appoint a senior leader with strong knowledge of how government works, who is well versed in Wellington’s business sectors and wants to work across business and government to deliver real world solutions for Wellingtonians. It is imperative you can manage complex, high profile stakeholders in the city’s commerce scene; position yourself as a strategic influencer, and push the boundaries on what is possible to ensure win-win and better outcomes.

This is such a unique opportunity to drive the city’s economic wellbeing alongside our key partners to ensure; a recovering city economy that is diversified, growing sustainably, and resilient; a compact central city that is the economic heart of the region with thriving suburban centres; a thriving Māori economy, generating incomes, jobs, and opportunities for rangatahi, iwi, hapū and whānau Māori to grow. It is an exciting and crucial time to join the Council to play a key role in the city’s recovery from a challenging pandemic. If you’re passionate about being at the forefront of change and ready to capitalise on everything you have achieved in your career, in a role that will potentially change your life and considerably enhance the lives of others, we look forward to talking with you!

An attractive and flexible remuneration package will be offered to secure the right person for this role. All applications for this role must be submitted online and will be treated in strict confidence. If you would like more information or have a confidential chat before applying, you are welcome to contact Aleena Antony. Talent Acquisition Partner at Aleena.antony@wcc.govt.nz.

Applications will close Sunday, 24 October 2021.

We’re looking for people who share our passion for Wellington and have the same values that we do – to make our city an even better place to live and work.

2021 NZAE Virtual PhD Workshop

This initiative continues the tradition started with the Inaugural NZ Virtual PhD Workshop that was held in Sept 2020, when repeated lockdowns and disruptions to travel persisted due to the COVID-19 pandemic. We are proud to offer another virtual edition of this PhD workshop, this time to take place in late Oct 2021. We look forward to lots of discussions around research, to high-quality presentations, and to welcoming guest speakers and panellists once more. Please join us for this event and do submit your work for inclusion in the program. We welcome participants interested in all facets of economics, from academia, public and private sectors alike.

This event is endorsed by the New Zealand Association of Economists (NZAE) and the Best Paper and the Best Presentation Prizes are generously sponsored by the NZAE Education Trust (*).

(*) Prizes for the best paper and the best presentation can only be granted to PhD students based in New Zealand.

For further information, please see here.

Vacancies within Waka Kotahi Investment Assurance closing 12 Sep 2021

Waka Kotahi encourage economists interested in working at Waka Kotahi in either a Lead Investment Advisor or Principal Investment Advisor role to enquire about the positions we currently have available.  There is also an exciting opportunity for a leadership role in relation to the Monetised Benefits & Costs Manual.  These roles could be based from our offices in either Auckland, Wellington or potentially Christchurch.  Please see our adverts and the relevant position descriptions here and here.

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

John Creedy awarded Distinguished Fellow of NZAE

John Creedy is Professor in Public Economics and Taxation at Victoria University of Wellington (VUW) where his research interests focus on public economics, labour economics, income distribution and the history of economic analysis. John initially worked for the New Zealand Treasury from 2001 to 2003. From 2011 to 2017, he was employed half time at VUW and half time in the Tax Strategy section of the New Zealand Treasury. In 2016, John received the New Zealand Institute of Economic Research (NZIER) Economics Award and in 2018, he was elected to the Academy of the Royal Society Te Apārangi. Before coming to Wellington, John was the Truby Williams Professor of Economics at the University of Melbourne.

John’s publication record is most impressive. John has over 400 publications that include refereed journal papers, books, edited books and book chapters. Refereed journal articles account for around three-quarters of this total. Reflecting his strengths in public economics, John has not only published several papers in the Journal of Public Economics, but he also published papers in other leading journals that include the Economic Journal, European Economic Review, and Journal of Econometrics. According to the Research Papers in Economics (RePEc) worldwide citation rankings for over 60000 authors, John comfortably sits inside the top 1 per cent.

John has contributed immensely to economic analysis of the countries in which he has lived. This has resulted in a very substantial output in Australasian economics journals, including New Zealand Economic Papers (NZEP) and Economic Record. Indeed, in the published history of the first 50 years of NZEP by Buckle and Creedy (2016), John was shown to be the lead author in terms of frequency of contributions to NZEP. In fact, he has published even more since then. One of the reasons that John has been so prolific is because of his work with junior colleagues and students. He has played an immense role in developing the research capabilities of his students and of many younger staff. Indeed, his time with the New Zealand Treasury was particularly notable for joint publications with colleagues.

John’s work is not only well grounded in theory, but it is also acutely attuned to policy issues. This is illustrated by recent publications since 2015 many important issues in public finance that include among others, debt projections and fiscal sustainability, the labour supply effects of tax and transfer changes, tax rates and the user cost of capital, savings, housing and pensions, GST and food expenditure. John’s work on the analysis of inequality over this period and earlier is similarly impressive. This work has dealt with topics that include the treatment of leisure time in inequality decompositions, benefit flows, the effect of ageing on distributional outcomes, the measurement of inequality in New Zealand, and a range of papers on value judgements in relation to redistribution policy and the measurement of inequality.

We should also not overlook the many contributions John has made to topics in economic history throughout his career. These contributions include his books on the development of the theory of exchange, and separate analyses of the seminal contributions of inter alia, Pareto, Edgeworth, Marshall, Jevons, Walras and Hicks, plus a short history of economic thought. John’s ability to bring together theory and data, coupled with an understanding of economic history and the history of economic thought, makes his contributions to economic analysis stand out. His ability to combine all these aspects with a real eye to public policy relevance – especially in the countries in which he has chosen to live – make his contributions exceptional. The New Zealand Association of Economists is delighted to bestow upon John Creedy a Distinguished Fellow award.

References
Robert A. Buckle & John Creedy (2016) Fifty years of New Zealand Economic Papers: 1966 to 2015, New Zealand Economic Papers, 50:3, 234-260, DOI: 10.1080/00779954.2015.1116022

Congratulations to recipients of NZAE Conference 2021 prizes

Congratulations to the following recipients of prizes associated with NZAE Conference 2021. More detail on each prize is available at https://nzae.org.nz/prizes/

David Teece Prize in Industrial Organisation and Firm Behaviour Tim Ng – Schumpeterian endogenous growth and dynamic capabilities: an under-researched nexus?
New Zealand Economic Policy Prize Alexander Plum – The Role of Ethnicity in Criminal Behavior
NZIER Poster prize – open Nazila Alinaghi – Income Inequality and Mobility in New Zealand: Evidence from Administrative Data
NZIER Poster prize – student Shabana Kamal – Impact of droughts on farm debts: Empirical evidence from New Zealand
People’s Choice Poster Tom Coupe – Who is the most sought-after economist? Ranking economists using Google Trends
Jan Whitwell Doctoral Cameron Birchall – Allocating the commons: Commercial lobbying in New Zealand’s largest public fishery
Jan Whitwell Bachelors / Masters Shakked Noy – The effects of neighbourhood and workplace income comparisons on subjective wellbeing
Seamus Hogan Research Prize Shakked Noy – The effects of neighbourhood and workplace income comparisons on subjective wellbeing
Stata Prize for Excellence in Graphics Communications Philip Vermeulen – Monetary policy, investment, and firm heterogeneity
Stats NZ Prize Kabir Dasgupta – Leaving the past behind – Effect of Clean Slate Regulation on Employment and Earnings

14th A R Bergstrom Prize in Econometrics to Livvy Mitchell

Congratulations to Olivia (Livvy) Mitchell, who was awarded the 2021 A. R. Bergstrom Prize in Econometrics for her paper “A Policy Evaluation of Home Detention Sentencing: Evidence from New Zealand”. The Bergstrom Prize, which is administered by the New Zealand Association of Economists Education Trust, can be awarded every two years and aims to reward the achievement of excellence in econometrics as evidenced by a research paper in any area of econometrics.

Olivia’s paper investigates the causal effects of New Zealand’s 1 October 2007 introduction of home detention as a stand-alone sentence on offender recidivism and labour market attachment. To determine the local average treatment effects of home detention, relative to similarly ranked sentences, the paper employs fuzzy regression discontinuity design and two-staged least squares instrumental variables applied to population-wide data from the Integrated Data Infrastructure managed by Statistics New Zealand.

The analysis shows no evidence that home detention affects the recidivism rate of first-time offenders, a result counter to a 2011 review by the Ministry of Justice, or that home detention increases the offender’s attachment to the labour market. A range of robustness tests indicate that the overall conclusions are not sensitive to variations in estimation methods, offender sample, recidivism period and definition, sentence categorization rules, and re-offence type.

Olivia interprets the results to imply that there is little justification for promoting home detention as a means for reducing crime or improving offenders’ short-term or long-term labour market positions. Nevertheless, as noted in the paper, the clear benefits of expanding New Zealand’s home detention scheme are the cost-savings to the taxpayers and the easing of prison overpopulation.

In their assessment of Olivia’s paper the adjudicators, Dr Iris Claus, Professor Mark Holmes, and Dr Leo Krippner, were highly complimentary. “The paper is well written and structured. The econometric methods are carefully explained and the author appears to be well on top of the econometric theory and application.” More generally, the adjudicators noted that Olivia’s paper provides an excellent example of how careful econometrics can contribute to public policy debates, in this case about the effectiveness of home detention in New Zealand.

Apr 2021 AI (#70) interviews Hawke

Asymmetric Information Issue No. 70

Contents

  • Editorial
  • An interview with Gary Hawke (By John Yeabsley)
  • Lockdowns Need Not Reduce Wellbeing (By Arthur Grimes)
  • In Praise of the Viennese School of Economics. The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas by Janek Wasserman (By Brian Easton)
  • WEAI 96th Annual Conference June 27 to July 1, 2021
  • The Five-Minute Interview with John McDermott
  • A Preview of the Forthcoming Release of Quarterly Institutional Sector Accounts (By Jeff Cope)
  • 2B RED
  • BLOGWATCH (By Paul Walker)
  • Research in the Department of Economics and Finance at Massey University
  • New Members

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

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.

UPDATE: Since initial notice dates extended to 23-24 June.

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 23-24 June at Wellington

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

UPDATE: Since initial notice dates extended to 23-24 June.

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) 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/

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

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