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hypothesis for two pairs of developed neighboring countries: New Zealand and Australia and Canada and the United States, hence … New Zealand - Australia and Canada - United States. In this paper, more than eighty percent of labour productivity gaps … between New Zealand and Australia and Canada and the United States are explained by endogenous technology shocks (TFP) and …
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In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of three commodity currencies---the Australian, Canadian and New Zealand (ACNZ) dollars. To examine the relationship between...
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vanguard of the inflation targeting policy strategy, namely Australia, Canada, and New Zealand, and use the resulting estimates …
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activity for New Zealand. To provide a basis for comparison, data from Australia and the US are also considered. Many studies …, especially of the inflation targeting variety. Both Australia and New Zealand have been targeting inflation for a number of years …-term interest rates well in either Australia or US data. However, when there are large policy "shocks" from abroad, such as the US …
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This paper investigates the impact of the Australia-New Zealand Closer Economic Relations (CER) Trade Agreement on …
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