An ANZAC Dollar? Currency Union and Business Development, by Arthur Grimes and Frank Holmes with Roger Bowden, (Wellington: Institute of Policy Studies), 2000. 133pp. ISBN 0-908935-47-1. Understanding Ireland's Economic Growth by Frank Barry (editor). MacMillan Press, London and St Martin's...

This paper addresses aspects of New Zealand's economic performance by first analysing the country's relative international position against a comparative group of five OECD countries. Cointegration test results fail to confirm prima facie evidence that New Zealand's per capita output is on a...

This paper constructs an implied volatility index, the NZVIX, for the New Zealand stock market. Because there are no equity index options in New Zealand, we propose a new approach that uses stock options to construct an implied volatility index. Specifically, we use implied volatilities from...