The School of Economics and Finance has an active research environment with very strong links to business, government and financial institutions in Wellington and wider New Zealand.
Krawczyk, Jacek B.(Te Herenga Waka—Victoria University of Wellington, 2011)
This manual introduces and provides usage details for an application we have developed called VIKAASA, as well as the library of functions underlying it. VIKAASA runs in GNU Octave or MATLAB®, using the numerical computing ...
Hall, Viv B; Thomson, Peter(Te Herenga Waka—Victoria University of Wellington, 2022)
We investigate whether the boosted HP filter (bHP) proposed by Phillips and Shi (2021) might be preferred for New Zealand trend and growth cycle analysis, relative to using the standard HP filter (HP1600). We do this for ...
Khaled, Mohammed S(Te Herenga Waka—Victoria University of Wellington, 2017)
Economic historians frequently face the challenge of estimation and inference when only a small sample of the relevant data is available. We illustrate solutions to the challenges through a case study analysis of the ...
Apurba, Roy; Ilan, Noy; Harold E., Cuffe(Te Herenga Waka—Victoria University of Wellington, 2021)
Aotearoa New Zealand is highly vulnerable to extratropical cyclones because of its unique location in the midlatitude south pacific region. This study empirically investigates the impact of the extratropical cyclones on ...
Noy, Ilan; Uher, Tomáš(Te Herenga Waka—Victoria University of Wellington, 2021)
In 2020, we all realized we should know more about the economic impacts of pandemics. Here, we summarize the contemporary research on the economic consequences of past epidemics and pandemics with a primary focus on highly ...
Chu, Yu-Wei Luke; Cuffe, Harold E; Doan, Nguyen(Te Herenga Waka—Victoria University of Wellington, 2021)
In this paper, we employ twin birth as an instrument to estimate the effects of fertility on female employment using 72 censuses from 37 countries in 1990–2010. Next, we document a strong linear association between gender ...
Tabassum, Tanjila; Ulm, Eric R.(Te Herenga Waka—Victoria University of Wellington, 2020)
Many financially insolvent private pension funds have put Defined Benefit (DB) plans under a microscope over the last few decades. Despite government imposed rules to ensure minimum required funding, sponsors might choose ...
Mediodia, Hanny John P(Te Herenga Waka—Victoria University of Wellington, 2020)
Tuna move towards higher latitudes or deeper waters in response to ocean warming. The spatial redistribution of tuna will affect countries in the Eastern Pacific Ocean (EPO). We apply a production function approach to ...
Allan, Corey; Kerr, Suzi; Owen, Sally(Te Herenga Waka—Victoria University of Wellington, 2020)
We investigate whether New Zealand’s rural land is over-valued when compared to its agricultural profitability. First, we develop a theoretical time-series framework showing that a positive profit shock in one agricultural ...
Hall, Viv B; Thomson, Peter(Te Herenga Waka—Victoria University of Wellington, 2020)
Within a New Zealand business cycle context, we assess whether Hamilton’s (H84) OLS regression methodology produces stylised business cycle facts which are materially different from HP1600 measures, and whether using the ...
Chu, Yu-Wei Luke; Cuffe, Harold E(Te Herenga Waka—Victoria University of Wellington, 2020)
We estimate the effects of access to student loans on university students’ educational attainment and labor market returns in New Zealand. We exploit the introduction of a policy mandating a minimum pass rate of 50% for ...
Ulm, Eric(Te Herenga Waka—Victoria University of Wellington, 2020)
A number of analytic solutions have been found for Variable Annuity Guaranteed Minimum Death Benefit (GMDB) option values under a variety of mortality laws. To date, the solutions are for Risk-Neutral valuation only. Where ...
Hall, Viv; McDermott, John(Te Herenga Waka—Victoria University of Wellington, 2019)
We examine the question of whether the rate of business insolvencies in New Zealand is related to overall macroeconomic conditions. In particular, our interest is in whether the rate of business insolvencies changed in the ...
Feld, Jan; Noy, Shakked(Te Herenga Waka—Victoria University of Wellington, 2019)
Save More Tomorrow is a retirement savings plan developed by Richard Thaler and Shlomo Benartzi that incorporates insights from Behavioural Economics. In this paper, we describe how the plan works and discuss how it can ...
Feld, Jan; Salamanca, Nicolas; Zolitz, Ulf(Te Herenga Waka—Victoria University of Wellington, 2019)
In a previous paper, we have shown that academic rank is largely unrelated to tutorial teaching effectiveness. In this paper, we further explore the effectiveness of the lowest-ranked instructors: students. We confirm that ...
Pourzand, Farnaz; Noy, Ilan; Sağlam, Yiğit(Te Herenga Waka—Victoria University of Wellington, 2019)
We quantify the impacts of droughts in New Zealand on the profitability of dairy, and sheep and beef farms. Using a comprehensive administrative database of all businesses in New Zealand, we investigate the impact of ...
Filippova, Olga; Nguyen, Cuong; Noy, Ilan; Rehm, Michael(Te Herenga Waka—Victoria University of Wellington, 2019)
Globally, the single-most observable, predictable, and certain impact of climate change is sea level rise. Using a case study from the Kapiti Coast District in New Zealand, we pose a simple question: Do people factor in ...
Park, Seonyoung; Shin, Donggyun(Te Herenga Waka—Victoria University of Wellington, 2020)
Analysis of US county per capita incomes from 1970 to 2017 reveals the emergence of bipolarizing distribution dynamics from the early 1990s. This bipolarization process is characterized by the vanishing middle income ...
Shaar, Karam(Te Herenga Waka—Victoria University of Wellington, 2019)
The common theme of the three papers in this thesis is the focus on the impact of data choices on empirical research in Economics. Such choices can be about the source of data; should we source the data from country A or ...
Park, Seonyoung; Shin, Donggyun(Te Herenga Waka—Victoria University of Wellington, 2019)
A recent literature uses accurate wage data from payroll records and provides compelling evidence against the conventional belief that nominal wages are downward sticky. This paper provides a unique contribution to this ...