Seminars and workshops

The Reserve Bank regularly hosts seminars and workshops in order to foster debate on monetary and financial-system policy and monetary and financial economics more generally. The workshops typically arise in conjunction with Victoria University of Wellington's Professorial Fellowship in Monetary and Financial Economics.

Workshops

Past workshops

Workshops have discussed financial stability and banking, optimal policy rules, monetary policy under uncertainty, whether monetary policy should be forward or backward looking, and exchange rate issues arising from the Asian crisis. Some of the papers from these workshops are available below.

2008

Capital Markets - Workshop; 20 June 2008

2007

The business cycle, housing and the role of policy; 10 & 11 December 2007

2006

Housing, savings, and the household balance sheet; 14 November 2006

Financial Sector Balance Sheets and Vulnerability to Financial Crises; 25 September 2006

Macro econometrics and Model Uncertainty Conference; 27-28 June 2006

Macro Policy Forum; 12 June 2006

The interface between monetary policy and macro modelling; 13-15 March 2006

South Pacific Course on Central Banking; 28 February-2 March 2006

2005

Dynamic Stochastic General Equilibrium (DSGE) models; 12 August 2005

Recent developments in VAR methodology; 20 May 2005

Workshop on Banking Crisis Management; 3 March 2005

2004

Workshop on financial stability and banking; 27 April 2004

2003

Analysing the economy for monetary policy purposes: some key issues; 21 March 2003

2002

The Australasian macroeconomics workshop; 4-5 April 2002

Exchange rate strategies for developed open economies in the new millennium; 19 February 2002

2000

Monetary policy decision making: proactive or reactive workshop held at RBNZ; 8 June 2000

1998

Monetary policy under uncertainty, workshop held at RBNZ; 29-30 June 1998

Seminars

Economics Seminars

The following seminars were given or are scheduled to be given at the Bank. These seminars are open to academic and professional economists. Applications to attend or deliver a seminar should be addressed to the Co-ordinator of Economics Research Network Initiative (ERNI).

Date	Visitor and Affiliation	Seminar

20 Nov 2007	Anthony Richards Reserve Bank of Australia	Current Australian situation and challenges facing the RBA
25 Oct 2007	William Dewald Ohio State University	Inflation and Bond Market Inflation Expectations, 1880-2007
12 Oct 2007	Nicolo Spagnolo Brunel University, London
11 Oct 2007	Andrew Harvey
26 Aug 2007	Doug Laxton International Monetary Fund	Price-level path targeting
25 Aug 2007	Doug Laxton International Monetary Fund	Estimating potential output in a DSGE model
24 Aug 2007	Doug Laxton International Monetary Fund	Does the exchange rate belong in monetary policy rules?
26 July 2007	James Yetman University of Hong Kong	Monetary Policy and Asset Prices
11 July 2007	Tao Zha Federal Reserve Bank of Atlanta	Regime-switching DSGE models -- how to solve them and how to estimate them.
9 July 2007	Tao Zha Federal Reserve Bank of Atlanta	Bayesian econometrics of learning models.
5 July 2007	Tao Zha Federal Reserve Bank of Atlanta	Conditional Forecasts
2 July 2007	Tao Zha Federal Reserve Bank of Atlanta	The theory of identification of structural VARs
14 June 2007	Ian Mitchell DTZ	Recent trends in commercial and industrial property in New Zealand
21 May 2007	Dr Kang Bank of Korea	Update of the current economic situation in South Korea
7 May 2007	Su Wu Deakin University, Australia	An Evaluation of the 'Four Pillars' Policy in Australia
2 May 2007	Ryoko Ito Canterbury honours graduate	Instrument vs. targeting rules in the conduct of monetary policy
19 Apr 2007	William Coleman ANU Canberra	Why we love nominal bonds
28 Mar 2007	Daria Taglioni ECB	How the adoption of the Euro affected price volumes and trade volumes in Europe
27 Mar 2007	Ken Kuttner Oberlin College	Do markets care who chairs the central bank?
6 Mar 2007	Pierre Siklos Wilfred Laurier University	Central Bank Governance: an analysis of the biggest constitutional crisis ever faced by the Bank of Canada, and its aftermath.
12 Feb 2007	John Landon-Lane Rutgers University	A Full Information Bayesian Approach to the Evaluation and Estimation of DSGE Models
15 Nov 2006	Luci Ellis Reserve bank of Australia	Disinflation and the dynamics of mortgage debt
28 Sept 2006	Lyndon Moore Victoria University of Wellington	How Fundamental is the Pricing of Liquidity?
10 Aug 2006	Stephen Turnovsky Washington University	Growth and Income Inequality: A Canonical Model
7 Aug 2006	Nektarios Aslanidis Monash University	Leading Indicator Properties of US High Yield Credit Spreads
1 Aug 2006	David Grimmond Infometrics	The Macroeconomic Benefits of Monetary Policy Reform in New Zealand
6 July 2006	John McDermott Victoria University of Wellington	The New Zealand Business Cycle: Return to Golden Days
30 June 2006	Rodney Strachan Leicester University	Bayesian Analysis of Error Correction Models
29 June 2006	Todd Clark Federal Reserve Bank of Kansas City	The Predictive Content of the Output Gap for Inflation: Resolving In-Sample and Out-of-Sample Evidence
26 June 2006	Simon Potter Federal Reserve Bank of New York	tba
19 June 2006	Thomas Lubik Johns Hopkins University	Empirical Relevance of Lucas Critique
26 May 2006	Larry Christiano Northwestern University	Assessing Structural VARs
22 May 2006	Yu-Chin Chen University of Washington	Commodity Currencies and Exchange Rate Predictability: A Bayesian Model Averaging Approach
15 May 2006	Simon van Norden CIREQ, HEC, Montreal	Reliability in Forecasting and Policy Analysis
20 April 2006	Klaus Schmidt-Hebbel Central Bank of Chile	Does Inflation Targeting Make a Difference?
7 April 2006	Quentin Grafton ANU	Total factor productivity, per capita income and social divergence
30 March 2006	James Mitchell NIESR	A Bayesian Indicator of Manufacturing Output from Qualitative Business Panel Survey Data
20 March 2006	Seppo Honkapohja Cambridge University	A Review of Models with Learning
10 March 2006	William Dickens Brookings Institution	The Interaction of Labor Markets and Inflation: Analysis of Micro Data from the International Wage Flexibility Project
7 March 2006	Sweta Saxena University of Pittsburg	Growth Dynamics: The Myth of Economic Recovery
28 Feb 2006	Roger Bowden Victoria University of Wellington	The agribusiness cycles and its wavelets by
7 Feb 2006	Emmanuel de Veriman John Hopkins University	Which non-linearity in the Phillips curve? The absence of accelerating deflation in Japan
1 Feb 2006	Michael Graff University of Queensland	A multi-sectoral flash indicator for the Swiss business cycle
1 Dec 2005	Alfred Guender University of Canterbury	Price Level Targeting and Delegation Issue
29 Nov 2005	Jacek B. Krawczyk Victoria University of Wellington	“Satisficing” Solutions to a Monetary Policy Problem: A Viability Theory Approach
23 Nov 2005	Jan Libich LaTrobe University	Inflexibility of Inflation Targeting Revisited: Modelling the Anchoring Effect
16 Nov 2005	Yuliya Meshcheryakova Victoria University of Wellington	Macroeconomic Effects of International Outsourcing
19 Oct 2005	Peter Chang Victoria University of Wellington	Development aid, Steady State Equilibrium, and Endogenously Arising Volatility in a Neoclassical Growth Model
12 Oct 2005	Müge Adalet Victoria University of Wellington	Current Account Reversals: Always a Problem?
5 Oct 2005	Adrian Pagan CAMA and ANU	Inventories and the Business Cycle
30 Sept 2005	Begoña Domínguez University of Auckland	The Time-Consistency of Government Debt and Institutional Restrictions on the Level of Debt
22 Sept 2005	Kylie Smith Reserve Bank of Australia	Housing and the Household Wealth Portfolio: The Role of Location
19 Sept 2005	David Hendry Oxford University	Unpredictability and the Foundations of Economic Forecasting
17 Aug 2005	Weshah Razzak Department of Labour	Income, Productivity and Real Interest Rates: Why are New Zealand and Australia so Different?
12 Aug 2005	Timothy Kam Australian National University	Ramsey Fiscal and Monetary Policy under Sticky Prices and Liquid Bonds
12 Aug 2005	Thomas Lubik Johns Hopkins University	A Simple, Structural, and Empirical Model of the Antipodean Transmission Mechanism
12 Aug 2005	Paul McNelis Fordham University	Fiscal and Trade Balances in a Model with Sticky Prices and Distortionary Taxes
12 Aug 2005	Claudio Soto Central Bank of Chile	Model for Analysis and Simulations
11 Aug 2005	Debasis Bandyopadhyay Auckland University	Calibration: A New Econometric Tool for Empirical Macroeconomics
10 Aug 2005	Thomas Lubik John Hopkins University	An Assessment of Search and Matching Models of Labour Markets
4 Aug 2005	Mark Holmes Waikato University	Integration or Independence? An Alternative Assessment of Real Interest Rate Linkages
27 July 2005	Thomas Lubik John Hopkins University	A Bayesian Look at New Open Economy Macroeconomics
26 July 2005	John Williams Federal Reserve Bank of San Francisco	Robust Monetary Policy with Imperfect Knowledge
19 July 2005	John Williams Federal Reserve Bank of San Francisco	Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
28 June 2005	Stephen Cecchetti Brandeis University	Changing Inflation Persistence
27 June 2005	Stephen Cecchetti Brandeis University	Capital Requirement and Optimal Monetary Policy
13 June 2005	Daniel S. Hamermesh University of Texas at Austin	The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory
20 May 2005	Jim Nason Federal Reserve Bank of Atlanta	Identifying the New Keynesian Phillips Curve
20 May 2005	Juan Rubio-Ramirez Federal Reserve Bank of Atlanta	A,B,C's (and D)'s for Understanding VARs
13 April 2005	Dick Startz University of Washington	Measuring the NAIRU with Reduced Uncertainty: A Multiple Indicator-Common Component Approach
11 April 2005	Dick Startz University of Washington	Partial Adjustment as Optimal Response in a Dynamic Brainard Model
21 March 2005	Timo Teräsvirta Stockholm School of Economics	Non-linear Econometrics
3 March 2005	Dean Hyslop New Zealand Treasury	Recent Developments in the Econometrics of Panel Data
17 Feb 2005	V. V. Chari University of Minnesota	A Critique of Structural VARs Using Real Business Cycle Theory