New Zealand's unrelenting current account deficits, its trade performance and high external debt level remain central …

In recent years, the total debt of the household sector has risen appreciably. This has led to concerns about … shocks. This paper draws on both aggregate and household level data to assess the extent and composition of household debt …; to analyse the distribution of debt in relation to income; to examine the factors associated with high ratios of debt …

Reliable estimates of actual household saving rates in New Zealand have proved elusive as existing sources of data have …. Furthermore, the estimated saving rates between 2004 and 2006 for the whole household sector in total are almost identical using …. There is a strikingly wide distribution of saving rates. For example across many categories of individuals around 40% are …

and consent costs. Falling real interest rates result in lower rents, higher house prices and lower owner-occupancy rates …. Despite the widespread attention owner-occupancy rates have attracted, the paper concludes that they are not a particularly …

interact with changing demography. The sustainable debt scenario applies a fiscal constraint on non-benefit spending so that … Crown net debt follows the Government's medium-term fiscal targets. The modelling innovations introduced this time do not …

behaviour. As expectations are revised, one potentially important adjustment mechanism is in labour force participation rates …

Estimates of marginal tax rates (MTRs) faced by individual economic agents, and for various ggregates of taxpayers, are … important for economists testing behavioural responses to changes in those tax rates. This paper reports estimates of a number …