Reserve Bank of New Zealand

For technical questions regarding this series, please contact (Reserve Bank of New Zealand Knowledge Centre)
Series handle: repec:nzb:nzbdps

• DP2009/10 A theoretical foundation for the Nelson and Siegel class of yield curve models
  by Leo Krippner [Downloadable!]
• DP2009/09 Entrepreneurship and aggregate merchandise trade growth in New Zealand
  by Richard Fabling & Lynda Sanderson [Downloadable!]
• DP2009/08 Evaluating a monetary business cycle model with unemployment for the euro area
  by Nicolas Groshenny [Downloadable!]
• DP2009/07 Developing stratified housing price measures for New Zealand
  by Chris McDonald & Mark Smith [Downloadable!]
• DP2009/06 Analysing wage and price dynamics in New Zealand
  by Ashley Dunstan & Troy Matheson & Hamish Pepper [Downloadable!]
• DP2009/05 Using wavelets to measure core inflation: the case in New Zealand
  by David Baqaee [Downloadable!]
• DP2009/04 Forecasting national activity using lots of international predictors: an application to New Zealand
  by Sandra Eickmeier & Tim Ng [Downloadable!]
• DP2009/03 Order flow and exchange rate changes: A look at the NZD/USD and AUD/USD
  by Nick Smyth [Downloadable!]
• DP2009/02 Real-time conditional forecasts with Bayesian VARs: An application to New Zealand
  by Chris Bloor & Troy Matheson [Downloadable!]
• DP2009/01 Revealing monetary policy preferences
  by Christie Smith [Downloadable!]

• DP2008/19 The evolution of the Forecasting and Policy System (FPS) at the Reserve Bank of New Zealand
  by Felix Delbrück & Ashley Dunstan & David Hargreaves & Ashley Lienert & Hamish Pepper & Cath Sleeman [Downloadable!]
• DP2008/18 Combining Forecast Densities from VARs with Uncertain Instabilities
  by Anne Sofie Jore & James Mitchell & Shaun Vahey [Downloadable!]
• DP2008/17 Does natural rate variation matter? Evidence from New Zealand
  by Michael Kirker [Downloadable!]
• DP2008/16 Inheritances and their impact on housing equity withdrawal
  by Phil Briggs [Downloadable!]
• DP2008/15 Practical Monetary Policies
  by Alfred V. Guender & David Gillmore [Downloadable!]
• DP2008/14 Over the hedge? Exporters' optimal and selective hedging choices
  by Richard Fabling & Arthur Grimes [Downloadable!]
• DP2008/13 Real-time Prediction with UK Monetary Aggregates in the Presence of Model Uncertainty
  by Anthony Garratt & Gary Koop & Emi Mise & Shaun Vahey [Downloadable!]
• DP2008/12 The relative size of New Zealand exchange rate and interest rate responses to news
  by Andrew Coleman & Özer Karagedikli [Downloadable!]
• DP2008/11 Limited Information Estimation and Evaluation of DSGE Models
  by Martin Fukac & Adrian Pagan [Downloadable!]
• DP2008/10 Incorporating judgement with DSGE models
  by Jaromír Beneš & Andrew Binning & Kirdan Lees [Downloadable!]
• DP2008/09 Analysing shock transmission in a data-rich environment: A large BVAR for New Zealand
  by Chris Bloor & Troy Matheson [Downloadable!]
• DP2008/08 A macro stress testing model with feedback effects
  by Mizuho Kida [Downloadable!]
• DP2008/07 Heterogeneous Expectations, Adaptive Learning,and Forward-Looking Monetary Policy
  by Martin Fukac [Downloadable!]
• DP2008/06 The tax system and housing demand in New Zealand
  by David Hargreaves [Downloadable!]
• DP2008/05 How do Housing Wealth, Financial Wealth and Consumption Interact? Evidence from New Zealand
  by Emmanuel De Veirman & Ashley Dunstan [Downloadable!]
• DP2008/04 ‘Automatic’ cycle-stabilising capital requirements: what can be achieved?
  by Tim Ng [Downloadable!]
• DP2008/03 Changes in the transmission mechanism of monetary policy in New Zealand
  by Özer Karagedikli & Rishab Sethi & Christie Smith & Aaron Drew [Downloadable!]
• DP2008/02 Explaining Movements in the NZ Dollar - Central Bank Communication and the Surprise Element in Monetary Policy?
  by Özer Karagedikli & Pierre L. Siklos [Downloadable!]
• DP2008/01 Some benefits of monetary policy transparency in New Zealand
  by Aaron Drew & Özer Karagedikli [Downloadable!]

• DP2007/15 RBCs and DSGEs:The Computational Approach to Business Cycle Theory and Evidence
  by Özer Karagedikli & Troy Matheson & Christie Smith & Shaun P. Vahey [Downloadable!]
• DP2007/14 Which nonlinearity in the Phillips curve? The absence of accelerating deflation in Japan
  by Emmanuel De Veirman [Downloadable!]
• DP2007/13 An analysis of the informational content of New Zealand data releases: the importance of business opinion surveys
  by Troy Matheson [Downloadable!]
• DP2007/12 Housing Markets and Migration in New Zealand, 1962-2006
  by Andrew Coleman & John Landon-Lane [Downloadable!]
• DP2007/11 Credit constraints and housing markets in New Zealand
  by Andrew Coleman [Downloadable!]
• DP2007/10 Understanding the New Zealand current account: A structural approach
  by Anella Munro & Rishab Sethi [Downloadable!]
• DP2007/09 Local linear impulse responses for a small open economy
  by Alfred A Haug & Christie Smith [Downloadable!]
• DP2007/08 The McKenna Rule and UK World War I Finance
  by James M Nason & Shaun P Vahey [Downloadable!]
• DP2007/07 The pitfalls of estimating transactions costs from price data: evidence from trans-Atlantic gold-point arbitrage, 1886-1905
  by Andrew Coleman [Downloadable!]
• DP2007/06 Conditioning and Hessians in analytical and numerical optimization - Some illustrations
  by Christie Smith [Downloadable!]
• DP2007/05 A model of spatial arbitrage with transport capacity constraints and endogenous transport prices
  by Andrew Coleman [Downloadable!]
• DP2007/04 Stylised facts about New Zealand business cycles
  by Sharon McCaw [Downloadable!]
• DP2007/03 Satisficing Solutions for New Zealand Monetary Policy
  by Jacek Krawczyk & Rishab Sethi [Downloadable!]
• DP2007/02 Nowcasting and predicting data revisions in real time using qualitative panel survey data
  by Troy Matheson & James Mitchell & Brian Silverstone [Downloadable!]
• DP2007/01 Open economy DSGE-VAR forecasting and policy analysis - head to head with the RBNZ published forecasts
  by Kirdan Lees & Troy Matheson & Christie Smith [Downloadable!]

• DP2006/02 Forecasting Substantial Data Revisions in the Presence of Model Uncertainty
  by Anthony Garratt & Gary Koop & Shaun P. Vahey [Downloadable!]
• DP2006/12 The Present Value Model and New Zealand’s Current Account
  by Anella Munro & Rishab Sethi [Downloadable!]
• DP2006/11 Assessing the fit of small open economy DSGEs
  by Troy Matheson [Downloadable!]
• DP2006/09 Uncovering the Hit-list for Small Inflation Targeters: A Bayesian Structural Analysis
  by Timothy Kim & Kirdan Lees & Philip Liu [Downloadable!]
• DP2006/08 What do robust policies look like for open economy inflation targeters?
  by Kirdan Lees [Downloadable!]
• DP2006/07 How costly is exchange rate stabilisation for an inflation targeter? The case of Australia
  by Mark Crosby & Tim Kam & Kirdan Lees [Downloadable!]
• DP2006/06 Family trusts: ownership, size and their impact on measures of wealth and home ownership
  by Phil Briggs [Downloadable!]
• DP2006/05 Should monetary policy attempt to reduce exchange rate volatility in New Zealand?
  by Dominick Stephens [Downloadable!]
• DP2006/04 Other stabilisation objectives within an inflation targeting regime: Some stochastic simulation experiments
  by James Twaddle & David Hargreaves & Tim Hampton [Downloadable!]
• DP2006/03 A Small New Keynesian Model of the New Zealand economy
  by Philip Liu [Downloadable!]
• DP2006/02 A new core inflation indicator for New Zealand
  by Domenico Giannone & Troy Matheson [Downloadable!]
• DP2006/01 Phillips curve forecasting in a small open economy
  by Troy Matheson [Downloadable!]

• DP2005/07 Discretionary Policy, Potential Output Uncertainty, and Optimal Learning
  by James Yetman [Downloadable!]
• DP2005/06 A Simple, Structural, and Empirical Model of the Antipodean Transmission Mechanism
  by Thomas A Lubik [Downloadable!]
• DP2005/05 UIP, Expectations and the Kiwi
  by Anella Munro [Downloadable!]
• DP2005/04 Reaction functions in a small open economy: What role for non-traded inflation?
  by Ana Maria Santacreu [Downloadable!]
• DP2005/03 A happy "halfway-house"? Medium term inflation targeting in New Zealand
  by Sam Warburton & Kirdan Lees [Downloadable!]
• DP2005/02 Mind your Ps and Qs! Improving ARMA forecasts with RBC priors
  by Kirdan Lees & Troy Matheson [Downloadable!]
• DP2005/01 Factor model forecasts for New Zealand
  by Troy Matheson [Downloadable!]

• DP 2004/08 Examining finite-sample problems in the application of cointegration tests for long-run bilateral exchange rates
  by Angela Huang [Downloadable!]
• DP 2004/07 A model of Equilibrium Exchange Rates for the New Zealand and Australian dollar
  by Simon Wren-Lewis [Downloadable!]
• DP 2004/06 Improving implementation of inflation targeting in New Zealand: an investigation of the Reserve Bank's inflation errors
  by Philip Liu [Downloadable!]
• DP 2004/05 What can the Taylor rule tell us about a currency union between New Zealand and Australia?
  by Nils Björksten & Arthur Grimes & Özer Karagedikli & Christopher Plantier [Downloadable!]
• DP 2004/04 Estimates of the output gap in real time: how well have we been doing?
  by Michael Graff [Downloadable!]
• DP 2004/03 The equilibrium exchange rate according to PPP and UIP
  by Dominick Stephens [Downloadable!]
• DP 2004/02 Do inflation targeting central banks behave asymmetrically? Evidence from Australia and New Zealand
  by Özer Karagedikli & Kirdan Lees [Downloadable!]
• DP 2004/01 Estimating a time varying neutral real interest rate for New Zealand
  by Olivier Basdevant & Nils Björksten & Özer Karagedikli [Downloadable!]

• DP2003/10 Speculative behaviour, debt default and contagion: A stylised framework of the Latin American Crisis 2001-2002
  by Louise Allsopp [Downloadable!]
• DP2003/09 Monetary policy and the volatility of real exchange rates in New Zealand
  by Ken West [Downloadable!]
• DP2003/08 The stabilisation problem: the case of New Zealand
  by Kirdan Lees [Downloadable!]
• DP2003/07 Has the rate of economic growth changed? Evidence and lessons for public policy
  by Matthew D Shapiro [Downloadable!]
• DP2003/06 Estimates of time-varying term premia for New Zealand and Australia
  by Michael Gordon [Downloadable!]
• DP2003/05 Learning process and rational expectations: an analysis using a small macroeconomic model for New Zealand
  by Olivier Basdevant [Downloadable!]
• DP2003/04 Monetary policy transmission mechanisms and currency unions: A vector error correction approach to a Trans-Tasman currency union
  by Alfred A Haug & Ozer Karagedikli & Satish Ranchhoud [Downloadable!]
• DP2003/03 Modelling structural change: the case of New Zealand
  by Olivier Basdevant & David Hargreaves [Downloadable!]
• DP2003/02 On applications of state-space modelling in macroeconomics
  by Olivier Basdevant [Downloadable!]
• DP2003/01 Financial deregulation and household indebtedness
  by Leslie Hull [Downloadable!]

• DP2002/08 Currency Unions and Trade: Variations on Themes by Rose and Persson
  by Dr Peter Kenen [Downloadable!]
• DP2002/07 Currency unions and gravity models revisited
  by Christie Smith [Downloadable!]
• DP2002/06 Estimating a Taylor Rule for New Zealand with a time-varying neutral real rate
  by L Christopher Plantier & Dean Scrimgeour [Downloadable!]
• DP2002/05 Foreign-owned banks: Implications for New Zealand's financial stability
  by Leslie Hull [Downloadable!]
• DP2002/04 Extracting market expectations from option prices: an application to over-the-counter New Zealand dollar options
  by Aron Gereben [Downloadable!]
• DP2002/03 Monetary policy and forecasting inflation with and without the output gap
  by W A Razzak [Downloadable!]
• DP2002/01 Extracting expectations of New Zealand's Official Cash Rate from the bank-risk yield curve
  by Leo Krippner [Downloadable!]

• DP2002/02 Modelling the long-run real effective exchange rate of the New Zealand Dollar
  by Ronald MacDonald [Downloadable!]
• DP2001/07 Is the Taylor rule really different from the McCallum rule?
  by W A Razzak [Downloadable!]
• DP2001/06 How much do import price shocks matter for consumer prices?
  by Tim Hampton [Downloadable!]
• DP2001/05 Central banking: back to the future
  by Bruce White [Downloadable!]
• DP2001/04 Exchange rate volatility and Currency Union: Some theory and New Zealand evidence
  by Dean Scrimgeour [Downloadable!]
• DP2001/03 Would adopting the Australian dollar provide superior monetary policy in New Zealand?
  by Aaron Drew & Viv Hall & John McDermott & Robert St. Clair [Downloadable!]
• DP2001/02 Money in the era of inflation targeting
  by W A Razzak [Downloadable!]
• DP2001/01 PPP-based analysis of New Zealand's equilibrium exchange rate
  by Anne-Marie Brook & David Hargreaves [Downloadable!]

• DP2000/10 Interest rate smoothing in New Zealand and other dollar bloc countries
  by Aaron Drew & L Christopher Plantier [Downloadable!]
• DP2000/09 A macroeconomic balance measure of New Zealand's equilibrium exchange rate
  by Anne-Marie Brook & David Hargreaves [Downloadable!]
• DP2000/08 Inflation targeting under potential output uncertainty
  by Victor Gaiduch & Benjamin Hunt [Downloadable!]
• DP2000/07 Stylised facts from output gap measures
  by Alasdair Scott [Downloadable!]
• DP2000/06 A spectral analysis of New Zealand output gaps using Fourier and wavelet techniques
  by Paul Conway & David Frame [Downloadable!]
• DP2000/05 Is the output gap a useful indicator of inflation?
  by Iris Claus [Downloadable!]
• DP2000/04 A multivariate unobserved components model of cyclical activity
  by Alasdair Scott [Downloadable!]
• DP2000/02 A comparison of the properties of NZM and FPS
  by Aaron Drew & Benjamin Hunt [Downloadable!]
• DP2000/01 Uncertainty about the length of the monetary policy transmission lag: implications for monetary policy
  by Yuong Ha [Downloadable!]

• DP2000/03 Estimating potential output for New Zealand: a structural VAR approach
  by Iris Claus [Downloadable!]
• G99/10 SDS-FPS: a small demand-side version of the Forecasting and Policy System core model
  by David Hargreaves [Downloadable!]
• G99/9 The myth of co-moving commodity prices
  by Paul Cashin & C John McDermott & Alasdair Scott [Downloadable!]
• G99/8 Booms and slumps in world commodity prices
  by Paul Cashin & C John McDermott & Alasdair Scott [Downloadable!]
• G99/7 Concordance in business cycles
  by C John McDermott & Alasdair Scott [Downloadable!]
• G99/6 Survey expectations of monetary conditions in New Zealand: determinants and implications for the transmission of policy
  by Leo Bonato & Robert St. Clair & Rainer Winkelmann [Downloadable!]
• G99/5 Efficient simple policy rules and the implications of potential output uncertainty
  by Aaron Drew & Benjamin Hunt [Downloadable!]
• G99/2 Noise trading and exchange rate regimes
  by Olivier Jeanne & Andrew K Rose [Downloadable!]
• G99/1 Inter-forecast monetary policy implementation: fixed-instrument versus MCI-based strategies
  by Ben Hunt [Downloadable!]

• G99/4 Exchange rate effects and inflation targeting in a small open economy: a stochastic analysis using FPS
  by Paul Conway & Aaron Drew & Ben Hunt & Alasdair Scott [Downloadable!]
• G99/3 The forward rate unbiasedness hypothesis in inflation-targeting regimes
  by W A Razzak [Downloadable!]
• G98/10 Price stability: some costs and benefits in New Zealand
  by Leo Bonato [Downloadable!]
• G98/9 Core inflation: concepts, uses and measurement
  by Scott Roger [Downloadable!]
• G98/8 Testing the predictive power of New Zealand bank bill futures rates
  by Leo Krippner [Downloadable!]
• G98/7 The Forecasting and Policy System: preparing economic projections
  by Aaron Drew & Ben Hunt [Downloadable!]
• G98/6 The Forecasting and Policy System: stochastic simulations of the core model
  by Aaron Drew & Ben Hunt [Downloadable!]
• G98/5 The long-run nominal exchange rate: specification and estimation issues
  by W A Razzak & Thomas Grennes [Downloadable!]
• G98/4 Business cycle asymmetries and the nominal exchange rate regimes
  by W A Razzak [Downloadable!]
• G98/3 The Forecasting and Policy System: demand-side satellite models
  by James Breece & Vincenzo Cassino [Downloadable!]
• G98/2 Productivity growth in New Zealand: economic reform and the convergence hypothesis
  by Paul Conway & Ben Hunt [Downloadable!]
• G98/1 Determinants of New Zealand bond yields
  by Kelly R Eckhold [Downloadable!]

• G97/9 Estimating potential output: a semi-structural approach
  by Paul Conway & Ben Hunt [Downloadable!]
• G97/8 Inflation targeting in an open economy: strict or flexible inflation targeting?
  by Lars E O Svensson [Downloadable!]
• G97/7 A robust measure of core inflation in New Zealand, 1949-96
  by Scott Roger [Downloadable!]
• G97/6 The alleged instability of nominal income targeting
  by Bennett T. McCallum [Downloadable!]
• G97/5 Testing the rationality of the National Bank of New Zealand's survey data
  by W A Razzak [Downloadable!]
• G97/4 Current account and exchange rate behaviour under inflation targeting in a small open economy
  by Francisco Nadal De Simone [Downloadable!]
• G97/3 Efficient rules for monetary policy
  by Laurence Ball [Downloadable!]
• G97/2 The inflation-output trade-off: Is the Phillips Curve symmetric? A policy lesson from New Zealand
  by Weshah Razzak [Downloadable!]
• G97/1 A measure of monetary conditions
  by Richard Dennis [Downloadable!]

Did you know? All full texts are decentralized with the publishers, none reside on this server, thus making it possible to offer this service for free to all parties.

This page was last updated on 2009-11-1.