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How do Australian macroeconomics shocks transmit to New Zealand?
(Lincoln University. Commerce Division., 2005-05)
New Zealand and Australia are highly interdependent in many ways. However, New Zealand is more reliant on Australia than Australia is on New Zealand. Given high economic relation, business-cycle transmission is expected ...
Real effects of monetary policy in New Zealand
(Lincoln University. Commerce Division., 2005-10)
This paper analyzes the dynamic effects of unexpected domestic and foreign monetary policy shocks on 'industrial output' in New Zealand based on a 'new open economy macroeconomic' (NOEM) model. Empirical analyses are ...