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On quantitative and graphical measures of the severity of New Zealand’s recessions and strength of its expansions
Authors: Viv Hall | Dr John McDermott CRSNZ | Peter Thomson
Working Paper
In this paper, the authors develop three measures for the shape of business cycle phases, reflecting excess gains and losses relative to constant quarterly growth across the phase.
These measures can be seen as representing better…
Impacts of macroeconomic policies on objective and subjective wellbeing: The role of housing tenure
Authors: Amelia Blamey | Arthur Grimes | Norman Gemmell
Working Paper
Between 2005 and 2021, house prices in Aotearoa New Zealand rose 142%, and that surge has deepened inequalities in people’s wellbeing. Homeowners gained; renters lost ground. When house prices rise, homeowners who own their homes…
Updates
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Motu Affiliate & ex-Research Analyst Livvy Mitchell graduates with PhD in EconomicsOur Affiliate & ex-Research Analyst Livvy Mitchell recently graduated with a PhD in Economics from Auckland University of Technology.