Showing 1 - 10 of 65
The housing market is both large and complex. This paper develops a simple model that captures the essential features of the supply and demand for housing, and which is used to evaluate the impact of a range of policy interventions. Increases in the stock of housing would reduce rents and house...
Persistent link: https://www.econbiz.de/10008603116
Housing affordability has been a topic of much interest in New Zealand over recent years with the median house price increasing by over 50% between 2004 and 2008. The aim of this paper is to inform debate by drawing out evidence from two surveys: the Household Economic Survey (HES); and the...
Persistent link: https://www.econbiz.de/10010678052
Over the last two decades, New Zealand experienced a threefold increase in housing prices. The largest surge in prices in recent years occurred between 1998 and 2007, a period of housing price growth in many developed economies. Since 2007, housing price growth remained flat until 2011, and then...
Persistent link: https://www.econbiz.de/10010757206
There is now substantial evidence that New Zealand’s overall rate of economic growth relative to Australia’s has been … intensity in New Zealand has not been increasing as fast as in Australia for nearly 25 years. Between 1995 and 2002, lower … capital has been rising in Australia, it has fallen by 20 percent in New Zealand between 1987 and 2002. The relative price of …
Persistent link: https://www.econbiz.de/10005176910
Australia. A tentative conclusion is that the potential contribution of New Zealand’s diaspora may have been overestimated, and …
Persistent link: https://www.econbiz.de/10005176915
convergence’ across the EU. That is, are growth-affecting fiscal variables becoming more similar over time across the EU? Though … data are limited, the answer to this question appears to be negative, with little evidence of unconditional convergence …
Persistent link: https://www.econbiz.de/10005120988
The People’s Republic of China has become increasingly important to the New Zealand economy since the start of economic liberalisation in China more than 30 years ago, particularly in the past decade. This paper is the first of three looking at the impact of China on the New Zealand economy....
Persistent link: https://www.econbiz.de/10010678042
The People’s Republic of China has become increasingly important to the New Zealand economy since the start of economic liberalisation in China more than 30 years ago, particularly in the past decade. This paper is the second of three looking at the impact of China on the New Zealand economy....
Persistent link: https://www.econbiz.de/10010678048
This paper examines the implications for national savings of three retirement income policy options, designed to improve the fiscal sustainability of New Zealand Superannuation (NZS). A simple model is developed that employs population and longevity projections allowing estimation of the...
Persistent link: https://www.econbiz.de/10010723260
This paper explores the KiwiSaver information contained in two sources: the administrative data from the Inland Revenue Department (IRD) and the Survey of Family, Income and Employment (SoFIE). In particular, the paper explores the membership and contribution information, explaining significant...
Persistent link: https://www.econbiz.de/10010742568