2019 Summer Reading List for the Prime Minister
December 3, 2019
This list recommends books that we hope the Prime Minister, her advisors, and anyone interested in economics and public policy, will find both informative and enjoyable to read. Read more
NZIER’s Shadow Board remains divided on where OCR should be
November 11, 2019
The range of views amongst the NZIER Policy Shadow Board on the appropriate level of the OCR at the Monetary Policy Statement (MPS) release on Wednesday has widened since September. Shadow Board members, on average, still called for the OCR to be kept on hold, but there was an increas … Read more
NZIER’s Shadow Board divided on where OCR should be
September 23, 2019
There has been increased divergence in views amongst the NZIER Monetary Policy Shadow Board on what the OCR should be at the OCR Review this Wednesday. This widening in the range of views follows the Reserve Bank’s surprise decision to cut the OCR by 50 basis points at its August meet … Read more
NZIER Consensus Forecasts shows mixed growth outlook
September 16, 2019
The latest NZIER Consensus Forecasts shows another downward revision to the growth outlook, relative to the previous quarter. Read more
NZIER’s Shadow Board sees stronger easing bias as appropriate
August 5, 2019
NZIER’s Monetary Policy Shadow Board have lowered their recommendation for the OCR but remained centred on a no-change decision for Wednesday. There was a wide range of views this time, and NZIER Shadow Board members distinguished between their views on what they think the Reserve Ban … Read more
Is the sky falling? NZIER Insight 82
July 1, 2019
Business confidence has decreased significantly over the last year. What does this tell us about the likely path of economic growth? Can we use this data to predict the next recession? Read more
NZIER’s Shadow Board adjusts OCR recommendation in the wake of cut
June 24, 2019
NZIER’s Monetary Policy Shadow Board has adjusted their recommendation in the wake of the Reserve Bank’s OCR cut in May. The NZIER Shadow Board recommends the Reserve Bank should leave the OCR on hold at the OCR Review on Wednesday. However, there have been mixed views as to whether t … Read more
NZIER Consensus Forecasts shows lower growth outlook
June 17, 2019
The latest NZIER Consensus Forecasts shows a softer near-term growth outlook, relative to the previous quarter. Read more
Using big data and economics to understand and improve wellbeing - NZIER Insight 81
June 10, 2019
Wellbeing and data are increasingly at the heart of government policy-making. This Insight shows how economic explanations for behaviour, combined with large datasets, can inform policy. Read more
Robbing Peter to pay Paul: Okun's Law and labour market reform - NZIER Insight 80
May 29, 2019
With teachers striking, and New Zealand's first "Wellbeing Budget" about to be released, Robbing Peter to pay Paul: Okun's Law and labour market reform is a poignant reminder that competitive markets are the "welfare engines" of the economy. Okun's law illustrates how New Zealand's ec … Read more