We examine employer monopsony power in the New Zealand private sector labour market. New Zealand has a small, geographically dispersed population, meaning that outside employment options for workers may be limited. However, New Zealand is generally considered to have a flexible labour market...

Multiple job holding (MJH) is increasingly frequent in industrialized countries. Individuals holding a secondary job add to their experience, skills, and networks. We study the long-run labor market outcomes after MJH and investigate whether career effects can be validated. We employ...

This paper investigates how a change in marital status can influence labour market-related child penalties, by comparing married couples and those whose marriage is dissolved after the birth of their first child. We take advantage of the rich administrative data from New Zealand and show that...

Multiple job holding (MJH) is increasingly frequent in industrialized countries. Individuals holding a secondary job add to their experience, skills, and networks. We study the long-run labor market outcomes after MJH and investigate whether career effects can be validated. We employ...

This paper evaluates the Trade and Sustainable Development (TSD) Chapter of the EU-New Zealand Free Trade Agreement (FTA) and its potential to establish a new standard for sustainability provisions in EU trade agreements. The paper explores the political and economic context of the EU-NZ FTA and...

Die veränderte geopolitische Situation, das Scheitern multilateraler Ansätze sowie die neuen Herausforderungen in Bezug auf ökologische und digitale Transformation verlangen eine neue strategische Ausrichtung der EU, die auch die Kooperation und Vertiefung von Handelsbeziehungen mit...

The findings of the report derive from a mixed-methods approach. A survey (quantitative data collection) was carried out, which aimed to capture respondents' current perceptions of their wellbeing and the impact eTwinning has had on their wellbeing. In addition, interviews (qualitative data...

The findings of the report derive from a mixed-methods approach. A survey (quantitative data collection) was carried out, which aimed to capture respondents' current perceptions of their wellbeing and the impact eTwinning has had on their wellbeing. In addition, interviews (qualitative data...

The findings of the report derive from a mixed-methods approach. A survey (quantitative data collection) was carried out, which aimed to capture respondents' current perceptions of their wellbeing and the impact eTwinning has had on their wellbeing. In addition, interviews (qualitative data...

Die veränderte geopolitische Situation, das Scheitern multilateraler Ansätze sowie die neuen Herausforderungen in Bezug auf ökologische und digitale Transformation verlangen eine neue strategische Ausrichtung der EU, die auch die Kooperation und Vertiefung von Handelsbeziehungen mit...

The ECB concluded its strategy review in 2021 with a plan to include owner-occupied housing (OOH) costs in its inflation measure in the future. This paper uses the Bundesbank's online household panel to study how household expectations would react to this change. We conducted a survey experiment...

Fiscal multipliers provide a way of quantifying the GDP gain for a given (discretionary) fiscal policy intervention. I compute government consumption multipliers for New Zealand, in normal times and when monetary policy is constrained at the effective lower bound, using an estimated...

Automatic stabilisers are fiscal policy's first line of defence in the face of adverse economic shocks. Automatic stabilisers capture fiscal policy's automatic countercyclical response to the state of the business cycle, and are determined by factors like the progressivity of the tax system, the...

Diversifying Germany's bilateral partnerships in the Indo-Pacific is one of the central goals of German policy. On the one hand, this diversification aims to reduce economic dependence on China, and on the other - in the context of systemic rivalry with authoritarian states - to bring about...

Floods are among the most frequent and destructive natural hazards worldwide, yet their economic impacts remain poorly understood. This paper examines the effects of two cyclone-induced floods on firms’ economic performance in New Zealand. To identify flood damage, we propose a novel method...

This paper considers the role of fiscal policy in New Zealand's macroeconomic stabilisation. New Zealand's macroeconomic framework is characterised by an institutional arrangement whereby monetary policy has the primary responsibility for macroeconomic stabilisation. In contrast, fiscal policy...

This Selected Issues paper investigates why New Zealand's inflation is higher and further from target than comparator economies considering two main hypotheses: (1) the persistence of pandemic era shocks, and (2) strong migration inflows fuelling demand. The paper finds that, like in many...

The New Zealand economy slowed considerably in 2023, following a period of strong growth, and some previous significant imbalances are finally correcting. Tight monetary policy has put inflation on a meaningful downward path but remains high. Some of the overvaluation in housing prices has also...