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SUBMISSION TO THE ROYAL COMMISSION ON AUCKLAND GOVERNANCE

23 April, 2008
 
Keywords: Globalisation & Trade; Governance;
 
Introduction
 
The purpose of this note is to bring together various writings of mine about some analytic tools, which the Royal Commission on Auckland Governance may find helpful. There are no specific recommendations other than I commend the use of these tools were relevant.
 
By way of introduction I am [...]

23rd April 2008 | Comments Closed

HOME FREE

The state should share its windfall from the housing boom.
Listener: 19 April, 2008.  

Keywords: Macroeconomics & Money; Social Policy; 
 
We are not thinking clearly about the housing market. If higher interest rates could not restrain higher housing prices, why will lower ones solve the current problems? There are two major concerns, other than mortgage outlays being [...]

19th April 2008 | Comments Closed

THE BRENDAN THOMPSON PRIZE FOR INTERNATIONAL ECONOMICS

The Waikato Management School annually awards a prize in memory of Brendan Thompson to the to student in the international economics course. After I gave the 2008 prize to Nicole Gray on 8 April, 2008, I was invited to make a short speech:
 
Keywords: History of Ideas, Methodology & Philosophy;
 
Brendan Thompson’s first university, the University of [...]

8th April 2008 | Comments Closed

IS THERE A PLACE FOR NEW ZEALAND IN A GLOBALISING WORLD?

A Spirited Conversation: 7 April 2008.
 
Keywords: Globalisation & Trade; Literature and Culture; Political Economy & History;
 
When I began the study which led to my book, Globalisation and the Wealth of Nations, I assumed that ultimately globalisation would destroy nations. I knew that globalisation had created the modern nation-state, which hardly existed before [...]

7th April 2008 | Comments Closed

HOUSEHOLD EQUIVALENTS FOR ENGEL CURVE TO ESTIMATION

Note prepared 6 April, 2008.
 
Keywords: Distributional Economics; Statistics;
 
The conventional Engel Curve relates expenditure on (usually) food (F) to aggregate household (usually) expenditure (X). Since it is a one-to-one relation it my be mathematically inverted to
 
            (1)        X = f(F, z)
where z is a vector of other variables which are relevant.
 
Such a function can be [...]

6th April 2008 | Comments Closed

A GOOD KEYNES MAN

Alan Bollard’s not a Grinch, he’s just doing his job.

Listener: 5 April, 2008.

Keywords: Macroeconomics & Money;

Last October, Alan Bollard, Governor of the Reserve Bank, broke an implicit constitutional convention when he said that if this year’s tax cuts were too generous, he would have to tighten monetary policy. Governors have long [...]

5th April 2008 | Comments Closed