This publication contains current research and analysis on a broad range of issues topical to Australia's social policy and its administration. Special section: papers from the conference 'Income support, labour markets and behaviour: a research agenda'

New Zealand is acknowledged widely as the first country to implement a formal monetary policy agreement specifying an explicit inflation target. This agreement, signed in March 1990 between the Minister of Finance and the Governor of the Bank, was implemented under Section 9 of the Reserve Bank...

We study the effect of the addition of a futures market, in which contracts maturing in the last period of the life of the asset can be traded. Our experiment has two treatments, one in which a spot market operates on its own, and a second treatment in which a spot and futures market are active...

Using a sample of Colombian banks, we examine retail interest rate adjustment in response to changes in wholesale interest rates. Interest rate pass-through running from wholesale to retail rates is found to be both partial and heterogeneous across banks. This suggests that the effectiveness of...

Despite near universal recognition of the importance of climate change impacts on future generations, to date there has been no dedicated research on the effects of climate change on the population distribution in Aotearoa New Zealand. This paper reports on a review of international literature...