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Analytical Notes

Analytical Notes is a new series of research and analytical papers from the Reserve Bank of New Zealand. It encompasses a range of background papers prepared by Reserve Bank staff.

Unless otherwise stated, views expressed are those of the authors, and do not necessarily represent the views of the Reserve Bank.

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  • Browse Author and Title lists of Analytical Notes, Discussion Papers and Reserve Bank Bulletin articles
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All Analytical Notes are in Adobe Acrobat PDF format. If you don't have the free Acrobat Reader necessary to read these articles installed, you can download it from the Adobe website.

Analytical Notes for 2012

House price expectations of households: A preliminary analysis of new survey data (PDF 1MB)

by Graham Howard and Özer Karagedikli, February 2012

AN 2012/2

People's expectations of future house prices appear to be an important influence on house prices and the volume of house sales. The Reserve Bank has often referred to the importance of house price expectations but unlike many other variables we have had little detailed data on these expectations for analysis. The Reserve Bank has attempted to fill this gap by adding new questions on one-year-ahead house price expectations into the Reserve Bank's quarterly survey of households' inflation expectations. The questions were piloted in the March 2011 quarter survey. We now have results available from the June, September, December 2011 and March 2012 quarter surveys. In this note we introduce the new survey questions and discuss the initial results.

Analytical Notes for 2011

The macroeconomic impact of the Rugby World Cup (PDF 288KB)

By Adam Richardson, August 2011

AN 2011/1

Rugby World Cup 2011 kicks off in September 2011. The tournament will be a significant event for New Zealand. The Reserve Bank's main interest is in how the tournament affects domestic economic activity, capacity pressures and New Zealand's national accounts. This article aims to outline the Reserve Bank's current estimates of these impacts and to identify where some of the key uncertainties lie.