Programme
Morning session
Session chair: Kirdan Lees (Reserve Bank of New Zealand)
Opening remarks by John McDermott, Assistant Governor, RBNZ
Identifying fiscal & monetary policy in a structural VAR
Presented by: Renee Fry (Australian National University) and Mardi Dungey (University of Tasmania)
Discussant: Martin Fukac (Reserve Bank of New Zealand)
- Download the paper (PDF 430KB)
- Download the discussion slides (PDF 156KB)
Unobserved components business cycles for New Zealand. What are they and what might drive them?
Presented by: Viv Hall (Reserve Bank of New Zealand) and John McDermott (Reserve Bank of New Zealand)
Discussant: Dimitri Margaritis (Auckland University of Technology)
- Download the paper (PDF 465KB)
- Download the discussion slides (PDF 86KB)
Fiscal foresight: Analytics and econometrics
Presented by: Eric Leeper (University of Indiana), Todd Walker (Indiana University) and Shu-Chun Susan Yang (Academia Sinica)
Discussant: Mardi Dungey (University of Tasmania / CAMA)
- Download the paper (PDF 440KB)
- Download the discussion slides (PDF 132KB)
Afternoon session
Session chair: Emmanuel De Veriman (Reserve Bank of New Zealand)
EU membership and the stationarity of budget deficits
Presented by: Mark Holmes (Waikato University), Jesus Otero (Universidad del Rosario) and Theodore Panagiotidis (University of Macedonia)
Discussant: John Janssen (New Zealand Treasury)
- Download the paper (PDF 102KB)
- Download the discussion slides (PDF 81KB)
Monetary policy and fiscal foresight
Presented by: Nora Traum (University of Indiana)
Discussant: Timo Henckel (Australian National University)
- Download the paper (PDF 394KB)
- Download the discussion slides (PDF 161KB)