Associate Professor Martin Lally presented Forward Looking Estimates of the Market Risk Premium at the half-day Regulatory Cost of Capital II: What is the Market Risk Premium? Copies of Martins underlying papers on the topics can be obtained by contacting him at martin.lally@vuw.ac.nz

Dr Martin Lally presented The Impact of Regulation on the Firm's Cost of Capital at the ISCR forum, The Cost of Capital for the Regulated Firm in August 2003

This paper has developed an estimator for a country's market risk premium that involves optimally combining an estimate based upon only local historical data over 100 years and the cross-country average. This paper has also compared the combined estimator to that of its two components, and the...

This paper describes and analyses the recommendations of the government’s covid-19 advisers, with particular emphasis on their use or otherwise of cost-benefit analysis (CBA). In respect of Professors Baker and Wilson, their views markedly fluctuated: on whether mitigation or elimination was...

There is currently a pronounced lack of uniformity in the values placed on a life by different New Zealand government entities taking actions designed to save lives. Various explanations are offered for this, but none justifies the inconsistencies. Equity suggests that all QALYs be equally...