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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 …
Persistent link: https://www.econbiz.de/10012768355
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...
Persistent link: https://www.econbiz.de/10003560532
vanguard of the inflation targeting policy strategy, namely Australia, Canada, and New Zealand, and use the resulting estimates …
Persistent link: https://www.econbiz.de/10013156549
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 …
Persistent link: https://www.econbiz.de/10014177904
This paper investigates the impact of the Australia-New Zealand Closer Economic Relations (CER) Trade Agreement on …
Persistent link: https://www.econbiz.de/10014215455
This paper estimates the non-increasing inflation rate of unemployment or NAIRU for New Zealand. A NAIRU that varies over time has important implications in considering inflationary pressures. This paper estimates the time-varying NAIRU using a Kalman filter on a reduced form approach and...
Persistent link: https://www.econbiz.de/10012115562
This paper estimates the non-increasing inflation rate of unemployment or NAIRU for New Zealand. A NAIRU that varies over time has important implications in considering inflationary pressures. This paper estimates the time-varying NAIRU using a Kalman filter on a reduced form approach and...
Persistent link: https://www.econbiz.de/10005176904