4 blog posts found
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MEI Special Topic: Treasury forecast accuracy
Posted: 25 Jan 2019Topic: Economic conditions, Economic forecasting, Economic growth, Economic indicators, Fiscal policy, Inflation, Public financeThe Treasury regularly carries out an assessment of the accuracy of our biannual forecasts: the Budget Economic and Fiscal Update (BEFU) and the Half Year Economic and Fiscal Update (HYEFU). These... -
The impact of fiscal policy in New Zealand
Posted: 10 Sep 2018Author:Why do governments raise and spend money? One of many reasons is to influence the economy – to increase growth in times of recession, or to cool an economy down when it’s running too hot. But how... -
Taking age into account
Posted: 18 Apr 2017Topic: Consumption, Cost of living, Fiscal policy, Households, Income, National accounts, Older people, Savings, Standard of living, Time series models, WealthAuthor:I sometimes wonder if my two kids, born in the late-1980s, will be part of a generation that won't have the economic resources, income and assets, in their middle age as my generation had. There is... -
How to get an export take-off?
Posted: 21 Sep 2016Topic: Capital, Consumption, Economic conditions, Economic growth, Economic integration, Exports, Fiscal policy, Foreign exchange, International investment, Macroeconomics, Monetary policy, Productivity, Savings, Technological change, TradeAuthor:The New Zealand Government is targeting an increase in the ratio of real exports to GDP to 40 percent by 2025. To shed some light on what drives these transitions we looked at episodes to...