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1998

The Irish Economy: Lessons for New Zealand? (WP 98/01)
WP 98/01. Author: Sarah Box. This paper compares and contrasts the economies of Ireland and New Zealand. It attempts to identify important factors behind Ireland's recent strong growth, and seeks to derive 'lessons' for New Zealand.
Governance of Crown Financial Assets (WP 98/02)
WP 98/02. Author: Nick Davis. This paper investigates the agency problems associated with the public management of a large financial asset portfolio.
Regional Price Convergence in Australia and New Zealand, 1984-1996 (WP 98/03)
WP 98/03. Authors: Toby Daglish and Andrew Coleman. This paper uses disaggregated price data to analyse the extent and the speed of retail price convergence between New Zealand and Australia since 1984. The paper addresses several issues concerning the integration of markets in the two countries.
An Application of Portfolio Theory to New Zealand's Public Sector (WP 98/04)
WP 98/04. Author: Jeff Huther. In this paper, modern portfolio measures of performance are applied to the New Zealand central government's assets and liabilities. The results of this analysis show the position of the government's portfolio relative to its individual holdings.
The Economics of Education: Vouchers and Peer Group Effects (WP 98/05)
WP 98/05. Author: Thomas J Nechyba. Lessons from the history of US school reforms and empirical analysis have painted a picture of schools as complex institutions producing a product that is influenced by the various choices made by parents and school bureaucracies who respond to institutional incentives.
Language Revitalisation Policy: An Analytical Survey Theoretical Framework, Policy Experience and Application to Te Reo Maori (WP 98/06)
WP 98/06. Authors: Francois Vaillancourt and Francois Grin. PART I develops an analytical framework where language policy is viewed as a form of public policy. The framework is based on the economic approach to language and language planning, with a strong inter-disciplinary orientation.
Devolution and the New Zealand Resource Management Act (WP 98/07)
WP 98/07. Authors: Suzi Kerr, Megan Claridge and Dominic Milicich. Many past and potential New Zealand reforms involve significant devolution, i.e. the transfer of authority to make decisions on behalf of society from a higher to a lower level of government.
A Case Study in Devolution: The Problem of Preserving Kiwi Habitat in the Far North (WP 98-07a)
WP 98/07a. Authors: Suzi Kerr and Megan Claridge. Many past and potential New Zealand reforms involve significant devolution, i.e. the transfer of authority to make decisions on behalf of society from a higher to a lower level of government.
Household Savings: A Survey of Recent Microeconomic Theory and Evidence (WP 98/08)
WP 98/08. Author: Andrew Coleman. This paper summarises recent theoretical and empirical developments in the vast literature that has examined the microeconomic determinants of household saving.
Tax Smoothing and Expenditure Creep (WP 98/09)
WP 98/09. Author: Chris Pinfield. Tax smoothing minimises the economic costs of raising taxes to finance a varying profile of expenditure.