Programme
Welcome, introduction and opening comments:
Gabriel Makhlouf, Secretary to the Treasury
Session 1: Exchange rate regimes in New Zealand and overseas
Session chair: Grant Scobie (The Treasury)
New Zealand history of monetary and exchange rate regimes
Presented by: Richard Sullivan (Reserve Bank of New Zealand)
- Download the paper (PDF 886KB)
- Download the presentation slides (PDF 448KB)
Contemporary exchange rate regimes: floating, fixed and hybrid
Presented by: Willy Chetwin and Anella Munro (Reserve Bank of New Zealand)
- Download the paper (PDF 439KB)
- Download the presentation slides (PDF 334KB)
Discussant for session 1: Stephen Grenville (Lowy Institute for International Policy)
Session 2: Short and medium-term exchange rate volatility
Session chair: Bernard Hodgetts (Reserve Bank of New Zealand)
Exchange rate valuation and its impact on the real economy
Presented by: Enzo Cassino and David Oxley (The Treasury)
- Download the paper (PDF 646KB)
- Download the presentation (PDF 679KB)
The New Zealand experience of short and medium-term real exchange rate volatility: drivers and policy implications
Presented by: Willy Chetwin, Tim Ng and Daan Steenkamp (Reserve Bank of New Zealand)
- Download the paper (PDF 376KB)
- Download the presentation (PDF 559KB)
Discussant for session 2: Roger Procter (Ministry of Business, Innovation and Employment)
Session 3: Longer-run issues
Session chair: Mark Blackmore (The Treasury)
The long-term level 'misalignment' of the exchange rate: Some perspectives on causes and consequences
Presented by: Michael Reddell (Reserve Bank of New Zealand)
- Download the paper (PDF 1MB)
- Download the presentation (PDF 164KB)
Policy options to narrow New Zealand's saving-investment imbalance
Presented by: Anne-Marie Brook (The Treasury)
- Download the paper (PDF 862KB)
- Download the presentation (PDF 1MB)
Discussant for session 3: Stephen Topliss (BNZ)
Session 4: Making sense of the NZ exchange rate experience
Session chair: Geoff Bascand (RBNZ)
Bringing it all together: where does this leave us, and where to from here?
Presented by: John McDermott (RBNZ)
- Download the paper (PDF 99KB)