This paper uses evidence from 21 industrial countries over 27 years to ascertain whether inflation has had any systematic influence (positive or negative) on economic growth rates.

Land prices within monocentric cities typically decline from the centre to the urban periphery. More complex patterns are observed in polycentric and coastal cities; discrete jumps in value can occur across zoning boundaries. Auckland (New Zealand) is a polycentric, coastal city with clear-cut...

The Reserve Bank of New Zealand (RBNZ), which is well-known for its independence and anti-inflation stance under the Reserve Bank of New Zealand Act 1989, has embarked on another policy innovation. In January 1996, it implemented a new approach to banking supervision. Defying international...

In May 2000, Professor Lars Svensson was invited by the then newly-elected New Zealand Minister of Finance ‘to review the way in which New Zealand's monetary policy is conducted and its effectiveness in contributing to broader social and economic objectives’. The report of the Review was...

Australia and New Zealand have a long history of defence cooperation (currently under the rubric ‘Closer Defence Relations’ or ‘CDR’) based on treaty arrangements, on shared values and on similar, although not identical, strategic outlooks. In 2000 each country published reviews giving a...