Macroeconomics, Monetary Economics and Economic Performance
Motu carries out macroeconomic, monetary economic and economic performance research in a range of areas. Recent research looks at exporting, credit losses, productivity and New Zealand banking history.
- Coleman, Andrew. 2008. 'The Hidden Costs of Low Inflation: Savings, Tax and the Dearth of Home Ownership,' Motu Public Policy Seminar, October.
- Fabling, Richard. 2007. "The performance of New Zealand exporters: Some firm-level evidence," Motu Public Policy Seminar, December.
- Coleman, Andrew. 2008. "The Hidden Costs of Low Inflation: Savings, Tax and the Dearth of Home Ownership," Wellington Public Policy Seminar, October.
- Robert MacCulloch. 2009. "Happiness, contentment and other emotions: implications for economic policy," Auckland Public Policy Seminar, July.
- Gemmell, Norman. 2008. "Taxes and Economic Growth: what is all the fuss about?" Motu Public Policy Seminar, May.
- Coleman, Andrew and Arthur Grimes. 2009. "Fiscal, Distributional and Efficiency Impacts of Land and Property Taxes," Motu Working Paper 09-14.
- Coleman, Andrew. 2009. "The Long Term Effects of Capital Gains Taxes in New Zealand," Motu Working Paper 09-13.
- Coleman, Andrew and Özer Karagedikli. 2008. "The Relative Size of New Zealand Exchange Rate and Interest Rate Responses to News," Motu Working Paper 08-08
- Fabling, Richard and Arthur Grimes. 2008. "Do Exporters Cut the Hedge? Who Hedges and Why," Ministry of Economic Development Occasional Paper 08/02.
- Fabling, Richard; Arthur Grimes and Philip Stevens. 2008. "A Comparison of Qualitative and Quantitative Firm Performance Measures," MED Occasional Paper 08-04, Ministry of Economic Development, Wellington, New Zealand.
- Hess, Kurt; Arthur Grimes and Mark Holmes. 2008. "Credit Losses in Australasian Banking", Working Paper 08/10, Department of Economics, University of Waikato.
- Coleman, Andrew. 2008. "Inflation and the Measurement of Saving and Housing Affordability," Motu Working Paper 08-09.
- Grimes, Arthur; John Singleton, Gary Hawke and Frank Holmes. 2008. "Reforming a Small Central Bank: The Reserve Bank of New Zealand," Chung-Hsing Journal of History, forthcoming (in Mandarin).
- Hess, Kurt; Arthur Grimes and Mark Holmes. 2008. "An Exploration of Measures to Assess a Bank's Credit Loss Experience," Journal of International Finance and Economics, 8:1, pp. 1-13.
- Grimes, Arthur and Richard Fabling. 2007. "Practice Makes Profit: Business Practices and Firm Success," Small Business Economics, 29:4, pp. 383-399.
- Johnson, Robin; Weshah A. Razzak and Steven Stillman. 2007. "Has New Zealand Benefited from Its Investments in Research and Development?" Applied Economics, 39:19, pp. 2425-2440.
- Grimes, Arthur and Richard Fabling. 2007. "HR Practices and Firm Performance: What Matters and Who Does it?" MED Ooccasional Paper 07-02.
- Grimes, Arthur. 2007. "Capital intensity and welfare: National and International determinants," MED Occasional Paper 07-03.
- Grimes, Arthur. 2006. "A Smooth Ride: Terms of Trade, Volatility and GDP Growth," Journal of Asian Economics, 17:4, pp. 583-600.
- Singleton, John; Arthur Grimes, Gary Hawke and Frank Holmes. 2006. Innovation in Central Banking: A History of the Reserve Bank of New Zealand, Auckland: Auckland University Press.
- McLuskey, William; Andrew Aitken, Arthur Grimes, Suzi Kerr and Jason Timmins. 2006. "Rating Systems in New Zealand: An Empirical Investigation into Local Choice," Journal of Real Estate Literature, 14:3, pp. 381-397.
- Grimes, Arthur; John Singleton, Gary Hawke and Frank Holmes. 2005. "Twenty Years of Modernisation: The Reserve Bank of New Zealand", in Central Bank Modernisation, N. Courtis and P. Nicholl, Eds. London: Central Bank Publications, pp.167-182.
- Grimes, Arthur and Richard Fabling. 2005. "Insolvency and Economic Development," Journal of Economics and Business, 57:4, pp. 339-359.
- Hall, Viv and Angela Huang. 2004. "Would Adopting the US Dollar Have Led to Improved Inflation, Output and Trade Balances, for New Zealand in the 1990s?" New Zealand Economic Papers, 38:1, pp. 49-63.
- Kerr, Suzi; Andrew Aitken and Arthur Grimes. 2004. "Land Taxes and Revenue Needs as Communities Grow and Decline: Evidence from New Zealand," Motu Working Paper 04-01.
- Hall, Viv and John McDermott. 2004. "Regional Business Cycles in New Zealand: Do They Exist? What Might Drive Them?" Motu Working Paper 04-10.
- Claus, Iris and Arthur Grimes. 2003 "Asymmetric Information, Financial Intermediation and the Monetary Transmission Mechanism: A Critical Review," New Zealand Treasury Working Paper 03/19 (September).
- Grimes, Arthur. 2003. "Economic Growth and the Size and Structure of Government: Implications for New Zealand," New Zealand Economic Papers. 37:1, pp. 151-174.
- Singleton, John; Arthur Grimes, Gary Hawke and Sir Frank Holmes. 2003. "Progress Report on the New History of the Reserve Bank of New Zealand," Australian Economic History Review, 43:1, pp. 83-88.
- Fabling, Richard and Arthur Grimes. 2003. "Insolvency and Economic Development: Regional Variation and Adjustment," Motu Working Paper 03-18.
- Grimes, Arthur. 2003. "Economic Growth and the Size and Structure of Government: Implications for New Zealand," Motu Working Paper 03-10.
- Hall, Viv and Angela Huang. 2003. "Would Adopting the US Dollar Have Led to Improved Inflation, Output and Trade Balances for New Zealand in the 1990s?" Motu Working Paper 03-14.
- Grimes, Arthur. 2002. "Why are New Zealanders so Wealthy?" Competition and Regulation Times, 9 (Nov), pp. 4-5. New Zealand Institute for the Study of Competition and Regulation Inc, Wellington.
- McCluskey, William; Arthur Grimes and Jason Timmins. 2002. "Property Taxation in New Zealand," Lincoln Institute of Land Policy Working Paper WP02WM1.
- Grimes, Arthur. 2002. "Managing Small Open Economies: Exchange Rate Systems and Real Sector Shocks" in Globalization and the Asia Pacific Economy, Kyung Tae Lee, Ed. London: Routledge, pp. 226-244.
- Grimes, Arthur and James Rolfe. 2002. "Optimal Defence Structure for a Small Country," Defence and Peace Economics, 13:4, pp. 271-286.
- Hess, Kurt; Arthur Grimes and Mark Holmes. Forthcoming. "Credit Losses in Australasian Banking," Economic Record 85:270, September.
- Maré, David C. and Jason Timmins. 2006. "Geographic Concentration and Firm Productivity," Motu Working Paper 06-08.
- Maré, David C. 2004. "What Do Endogenous Growth Models Contribute?" Motu Working Paper 04-04.
- McMillan, John. 2004. "Quantifying Creative Destruction Entrepreneurship and Productivity in New Zealand," Motu Working Paper 04-07.
- Maré, David C. 2003. "Ideas for Growth?" Motu Working Paper 03-19.



