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Conference Paper
Financial sector policy reform: the case of New Zealand
Conference Paper
Financial deregulation and monetary policy in New Zealand
Journal Article
Inflation goals and credibility
Conference Paper
Reserve Bank of New Zealand's quarterly macroeconomic model
Conference Paper
The role of the exchange rate in New Zealand monetary policy
Journal Article
Central bank credibility and disinflation in New Zealand
Journal Article
Rules vs. discretion in New Zealand monetary policy
Journal Article
Do capital controls affect the response of investment to saving? evidence from the Pacific Basin
This paper examines the effect of capital controls on the response of investment to savings in Pacific Basin countries. A robust finding is that the size of the savings coefficient tends to be smaller (larger) in countries with relatively higher (lower) capital controls. Additionally, relaxation in capital controls for the most part had no discernible impact on the savings- investment relationship in individual country time-series regressions. At least a partial resolution to these puzzles is found in the government policy response: Countries with a relatively high saving-investment ...
Journal Article
Public preferences and inflation