New Zealand is acknowledged widely as the first country to implement a formal monetary policy agreement specifying an explicit inflation target. This agreement, signed in March 1990 between the Minister of Finance and the Governor of the Bank, was implemented under Section 9 of the Reserve Bank...

Despite near universal recognition of the importance of climate change impacts on future generations, to date there has been no dedicated research on the effects of climate change on the population distribution in Aotearoa New Zealand. This paper reports on a review of international literature...

This paper offers new insights into Beveridge curve analysis by modelling the vacancy-unemployment rate relationship within a Markov regime-switching environment in which the probability of curve-shifting is determined endogenously by shift factors. Shift factor candidates include structural...

Data on the flow of workers moving between employment, unemployment and non-participation provide some of the most interesting and useful insights into labour market outcomes. These insights include information on the number and probability of workers moving between labour market states from,...

This paper analyses the direct and subsequent flow-on expenditure resulting from the week-long National Masters Hockey Tournament held in Hamilton, New Zealand in March 2009. During the tournament, information was collected on the expenditure from a sample of participating players and officials...

WNew Zealand’s population is ageing rapidly and alongside this the labour force is also ageing. This paper presents a descriptive analysis of the labour force and employment trends among older New Zealanders (that is, those aged 55 and over). Specifically, the paper focuses on labour force...

During December 2007 and January 2008, telephone surveys were used to randomly sample Waikato, New Zealand residents. The purpose of the surveys was to determine whether respondents valued native bird conservation programmes in their area. We elicited the contingent valuation approach to...

Non-market valuation (NMV) is recognized as an essential tool in policy decision making worldwide. In this paper, we investigate the history of NMV, specifically in relation to New Zealand (NZ), by compiling and analyzing all available published studies. Results show a significant increase in...

New Zealand’s biodiversity consists of over 80,000 native plants, animals and fungi, many of which are indigenous and located on private property. To enhance native biodiversity and discourage activities that may deplete it, policies can be introduced that can encourage individual...

This paper investigates changes in patterns of education and the highest qualifications people gained over the period 1986 to 2001 for the regions of New Zealand. Education is an essential element in the accumulation of human capital. Factors analysed in this paper are highest qualification...