There are currently 22 states with full or partial disclosure requirements for their electricity suppliers. These requirements differ significantly across states, in terms of the specific information content, structure, and presentation, but all have the potential of increasing customers'...

Regulators often seek to promote the use of improved, cleaner technology when new investments occur; however, technology mandates are suspected of raising costs and delaying investment. We examine investment choices for electricity generation under a strict emissions rate performance standard...

We experimentally investigate the disposition of decision makers to use case-based reasoning as suggested by Case-Based Decision Theory (Gilboa and Schmeidler, 1995). Our subjects face a monopoly decision problem about which they have very limited information. Information is presented in a...

New Zealand has accumulated substantial liabilities against the rest of the world reflecting persistent current account deficits over the past 30 years. International evidence suggests that when international creditors become unwilling to continue to fund a country’s external liabilities (a...

This note takes a closer look at some factors that influence demand and supply in residential property markets, and goes on to consider how such factors might be relevant in interpreting current New Zealand developments.

This note presents the data and technical detail underlying a new set of estimates of gross asset returns since 1989 for a wide range of assets relevant to New Zealanders. The estimates have an economy-wide lens. An individual investor is likely to be interested in the realised risk and return...

This article introduces a new set of estimates of gross nominal returns since 1989 for a broad range of asset classes relevant to New Zealand investors. Risk and return characteristics of the assets are presented, and aggregate trends are discussed. However, many other factors may be relevant to...

The study aims at estimating reductions in energy penalty costs of a CO2 capture plant by exploiting price volatility in the electricity markets. The policy implication of this reduced abatement cost could be an increased penetration of Carbon Capture and Storage (CCS) in the future....