Zobrazeno 1 - 10
of 59
pro vyhledávání: '"C. John McDermott"'
Autor:
Viv Hall, C. John McDermott
Publikováno v:
New Zealand Economic Papers. 54:312-326
To examine changes in the nature of the business cycle and its interaction with monetary policy we estimate a small open economy New Keynesian model using two time periods, one prior to the Global ...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::071ba981da88ed9d5328793b31c194fc
https://doi.org/10.1080/00779954.2020.1817135
https://doi.org/10.1080/00779954.2020.1817135
Autor:
Viv Hall, C. John McDermott
Publikováno v:
New Zealand Economic Papers. 55:173-187
We examine the question of whether the rate of business insolvencies in New Zealand is related to overall macroeconomic conditions. In particular, our interest is in whether the rate of business in...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c500ff4734e1cd794cba6033dbdeab39
https://doi.org/10.1080/00779954.2019.1703792
https://doi.org/10.1080/00779954.2019.1703792
Autor:
C. John McDermott, Özer Karagedikli
Publikováno v:
New Zealand Economic Papers. 52:277-288
This paper finds that the changing behaviour of inflation expectations can explain much of the unusually low inflation in New Zealand. Across several empirical specifications of the Phillips curve, we observe that inflation expectations have become m
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::eb8fae654dba322bd32e0e8d41482cf4
https://doi.org/10.1080/00779954.2017.1348386
https://doi.org/10.1080/00779954.2017.1348386
Autor:
C. John McDermott
Publikováno v:
Australian Economic Review. 50:103-106
In this article, I argue that a substantial portion of macroeconomic policy uncertainty derives from the external environment, which propagates into uncertainty about actual policy. I also illustrate elements of the Reserve Bank of New Zealand's mone
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::cbd6d4a463de8b84c941480a268e0a1c
https://doi.org/10.1111/1467-8462.12202
https://doi.org/10.1111/1467-8462.12202
New Zealand's experience with changing its inflation target and the impact on inflation expectations
Autor:
C. John McDermott, Michelle Lewis
Publikováno v:
New Zealand Economic Papers. 50:343-361
We document the experience of the Reserve Bank of New Zealand in changing its inflation target, particularly the effects on inflation expectations. First, the Reserve Bank of New Zealand's dynamic stochastic general equilibrium model is used to highl
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a3158edf2cf7d8e8779880ac8e3ab602
https://doi.org/10.1080/00779954.2016.1191529
https://doi.org/10.1080/00779954.2016.1191529
Autor:
Viv Hall, C. John McDermott
Publikováno v:
New Zealand Economic Papers. 50:261-280
We present preferred classical business cycle turning points for New Zealand's post-Second World War economy, using the Bry-Broshan dating algorithm on a long term quarterly time series of real GDP. From these, we identify nine recessions and their a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7dcd6a84dd09addc541ff65e00519288
https://doi.org/10.1080/00779954.2015.1129358
https://doi.org/10.1080/00779954.2015.1129358
Autor:
C. John McDermott, Viv Hall
Publikováno v:
New Zealand Economic Papers. 46:119-141
We use unobserved components methodology to establish an Australasian common cycle, and assess the extent to which region-specific cycles of Australian states and New Zealand are additionally important. West Australian and New Zealand region-specific
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1ae7d92b4fed768dd2472cf52e6e8f03
https://doi.org/10.1080/00779954.2011.623297
https://doi.org/10.1080/00779954.2011.623297
Autor:
Viv Hall, C. John McDermott
Publikováno v:
New Zealand Economic Papers. 45:273-298
There are no official quarterly real GDP estimates for New Zealand, for the period prior to 1977. We report the development of a seasonally-adjusted series for a period of more than 60 years from mid-1947, and evaluate statistical properties. The ser
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ca8ea2932a9a1e2132e6b0a972459a2f
https://doi.org/10.1080/00779954.2011.576649
https://doi.org/10.1080/00779954.2011.576649
Autor:
Viv Hall, C. John McDermott
Publikováno v:
Economic Record. 87:294-317
We use unobserved components methodology to establish a New Zealand common cycle from economic activity data for 14 regions, and to assess the extent to which the region-specific cycles are additionally important. We then aggregate the 14 regions to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::90ecf1bd51c64d6bf9ee969ed73c4a3f
https://doi.org/10.1111/j.1475-4932.2010.00709.x
https://doi.org/10.1111/j.1475-4932.2010.00709.x
Autor:
C. John McDermott, Viv Hall
Publikováno v:
Econometric Theory. 25:1050-1069
Our paper is in the spirit of Rex Bergstrom's interests and research in cyclical growth models and his meticulous attention to underlying data series. We develop a new quarterly real GDP series for post–World War II New Zealand, derive a new “ben
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4050bd26ca2e6569ccaa08f03835375e
https://doi.org/10.1017/s0266466608090403
https://doi.org/10.1017/s0266466608090403