Showing 1 - 10 of 64
The purpose of this paper is to develop an analytical framework for discussing the link between financial systems and economic growth. Financial systems help overcome an information asymmetry between borrowers and lenders. If they do not function well, economic growth will be negatively...
Persistent link: https://www.econbiz.de/10005138934
Effective marginal tax rates (EMTRs) can be very different from the statutory rate and vary across firms, reflecting such factors as the extent and nature of taxable deductions (losses, depreciation), asset and ownership structures, and debt/equity financing. We estimate firm-specific EMTRs and...
Persistent link: https://www.econbiz.de/10011079829
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
This paper analyses whether it might be possible to design a cash flow tax (CFT) for small businesses in New Zealand to replace the existing income tax. Certainly, it is feasible to design the core rules of a CFT that applies to new small businesses. As with all examples of a CFT, these rules...
Persistent link: https://www.econbiz.de/10005607230
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
This paper examines the labour supply responses to the Working for Families (WfF) package of welfare reforms, which was fully implemented in 2008. The policy changes were implemented with the aim to encourage benefit recipients to participate in the labour market and to address income adequacy...
Persistent link: https://www.econbiz.de/10010992355