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References

Ando, A. and F. Modigliani (1963). “The ‘life cycle’ hypothesis of saving: aggregate implications and tests.” The American Economic Review 53 (1): 55-84.

Andrews, D. W. K. (1993). “Tests for parameter instability and structural change with unknown change point.” Econometrica 61 (4): 821-856.

Barro, R. J. (1974). “Are government bonds net wealth?” Journal of Political Economy 48 (6): 1095-1118.

Bertaut, C. and M. Starr-McCluer (2000). “Household portfolios in the United States.” Federal Reserve Board of Governors.

Boskin, M. J. (1988). “Issues in the measurement and interpretation of saving and wealth.” NBER Working Paper 2633.

Choy, W. K. (2000). “Determinants of New Zealand national and household saving rates: a cointegration approach.” Paper presented at the New Zealand Association of Economists Conference, Wellington.

Claus, I. and P. Conway and A. Scott (2000). “The output gap: measurement, comparisons and assessment.” Reserve Bank of New Zealand Research Paper 44.

Claus, I. and G. Scobie (2001). “Saving in New Zealand: measurement and trends.” Treasury Working Paper (forthcoming).

Department of the Treasury (1999). “The measurement of saving in Australia.” Economic Roundup (Spring).

Department of the Treasury (2000). “Australian net private wealth.” Economic Roundup (Summer).

Drake, P. J. (1997). “Financial deregulation in Australia: a success story?” In Experiences with financial liberalization. Recent economic thought series. K. L. Gupta. Boston (editor), Kluwer Academic: 45-68.

Evans, L., A. Grimes, B. Wilkinson and D. Teece (1996). “Economic reform in New Zealand 1984-95: the pursuit of efficiency.” Journal of Economic Literature 19 (4): 1856-1902.

Freedman, C. (1998). “The Canadian banking system.” Bank of Canada Technical Report 81.

Gibson, J. K. and G. M. Scobie. (2001). “Household saving behaviour in New Zealand: a cohort analysis.” Treasury Working Paper 01/18.

Goss, P. and A. Duncan (1999). Taxation & saving in New Zealand: a review of tax-related aspects of savings and retirement income policy. Prepared for the Super 2000 Taskforce, Arthur Andersen.

Hodrick, R. J. and E. C. Prescott (1997). “Post-war US business cycles: an empirical investigation.” Journal of Money, Credit and Banking 29: 1-16.

Kiernan, G. (2001). “House prices and economic activity in New Zealand.” Infometrics.

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Miles, D. (1994). Housing, financial markets and the wider economy, John Wiley & Sons.

Modigliani, F. and R. Brumberg (1954). “Utility analysis and the consumption function: An interpretation of cross-section data.” In Post-Keynesian Economics. K. K. Kurihara (editor), Rutgers University Press: 388-436.

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OECD (2000). “House prices and economic activity.” OECD Economic Outlook 68: 169-184.

Pagan, A. and D. Harding (1999). “Knowing the cycle.” University of Melbourne.

Said, S. and D. A. Dickey (1984). “Testing for unit roots in autoregressive-moving average models with unknown order.” Biometrika 71: 599-608.

Statistics Canada (2001). The assets and debts of Canadians: an overview of the results from the Survey of Financial Security. http://www.statcan.ca/Daily/English/010315/d010315a.htm.

Stevens, G. R. (1997). “Some observations on low inflation and household finances.” Reserve Bank of Australia Bulletin (October): 38-47.

Thorp, C. and B. Ung (2000). “Trends in household assets and liabilities since 1978.” Reserve Bank of New Zealand Bulletin 63 (2): 17-37.

Thorp, C. and B. Ung (2001). “Recent trends in household financial assets and liabilities.” Reserve Bank of New Zealand Bulletin 64 (2): 14-24.

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