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Cunliffe, fairness, and tax 27 Aug 2013 | 01:00 am
I see that there is a battle for the leadership of the Labour party, as a non-partisan economics blogger I have no direct interest in this. But I was interested in some of the comments that appeared ...
“Sprawl” and population density: should we care about the average or the distribution? 26 Aug 2013 | 02:02 am
I’m quite interested in the debate going on in Auckland at the moment about whether population growth should be accommodated by more “sprawl” or increased density. In particular, people claim Auckland...
Not so lazy lecturers 23 Aug 2013 | 03:03 pm
For all those who’ve accused university lecturers of having it easy with only a few teaching hours a week: This study analyzes self-reported faculty workload in a Canadian research intensive universi...
Math, reading, and purpose 23 Aug 2013 | 01:00 am
Noah Smith recently smashed math in economics (specifically macroeconomics) stating: Math can also be used as obscurantism; if every paper in a field starts with a dense thicket of formal statements ...
Network effects 22 Aug 2013 | 03:47 pm
They sound fancy and complex but this is a good explanation from XKCD. What I really like about it is that it emphasises how competition among networks is not unambiguously beneficial to consumers. Fo...
Resource booms and income distribution 22 Aug 2013 | 01:00 am
Via Vox Eu comes a piece looking at the distributional consequences of resource booms – using Australian data. Their conclusion: We need good time series data from developing countries to see whethe...
Coherence of economic models 21 Aug 2013 | 05:08 pm
From the Pagan report on modelling at the Bank of England: Models and forecasts are important inputs into any decision-making process …[The] model used in the monetary policy process needs to incorpo...
LVR data for March 2013 21 Aug 2013 | 03:00 am
The RBNZ announced LVR (loan to value) restrictions will start on 1 October 2013. It will limit high LVR (over 80%) to 10% of new lending. Matt has already written about this. This post adds some dat...
RBNZ misstep on macroprudential policy 21 Aug 2013 | 01:00 am
I was hesitant to write this post, until I realised I was writing it on a personal blog that only a few lovely people read and no-one will be too concerned with what I say . Then I decided I may as w...
LVRs are coming! 20 Aug 2013 | 07:27 am
The RBNZ has now officially announced maximum loan-to-value ratios (LVRs) for the public in a speech here. They noted that the run up in house prices has increased the probability of a sharp decline ...
