New Zealand: Selected Issues

March 27, 2002

Preview Citation

Format: Chicago

New Zealand: Selected Issues, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

This Selected Issues paper presents an empirical comparison of New Zealand’s growth performance with that of Australia during the post-reform period. The paper shows that most of the divergence in income per capita between the two countries has been the result of lower accumulation of capital per hour worked, and to a lesser extent, lower efficiency in utilizing resources in New Zealand. The paper also examines how migration has affected the income and welfare of New Zealand nationals.

Subject: Exchange rate pass-through, Exchange rates, Foreign exchange, Import prices, Inflation, Migration, Population and demographics, Prices

Keywords: Australia and New Zealand, CR, Error correction model, Exchange rate, Exchange rate pass-through, Exchange rate pass-through, Exchange rates, Household portfolio, Import price, Import prices, Inflation, ISCR, Migration, Pass-through, Price, Wage difference

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/072
Stock No:

1NZLEA0022002
ISBN:

9781451830231
ISSN:

1934-7685

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