Formats and related files
We would like to thank Steve Dowrick and a number of Treasury colleagues including Bob Buckle, Stephen Glover, Mario di Maio, Jim Rose, Grant Scobie and Peter Wilson for helpful comments on an earlier version of this paper. We are also grateful to Glenn Goldsmith for earlier work at the Treasury on this topic.
This document was commissioned by the New Zealand Treasury. However, the views, opinions, findings and conclusions or recommendations expressed in it are strictly those of the author(s), do not necessarily represent and should not be reported as those of the New Zealand Treasury. The New Zealand Treasury takes no responsibility for any errors, omissions in, or for the correctness of, the information contained in this Paper.