Matt Nolan

Matt Nolan is an economist with the forecasting team at Wellington-based Infometrics. He enjoys writing on a broad range of economic issues; however his focus is on the household sector including the labour market and consumer spending. Within Infometrics, he is responsible for forecasting the outlook for consumer spending and the labour market, and giving clients an idea of the risks around these forecasts – and what they mean for their bottom line.

New Zealand’s bubble - The Dismal Science

May 02, 2014

I know, I know, I’m very late to the party – while I was busily writing about factor shares and income inequality the big news in New Zealand was this discussion of how our housing market is a “bubble”! A bunch of points have already been made about why the US to NZ comparison isn’t […]

Labour and monetary policy - The Dismal Science

May 02, 2014

Labour has put a bunch of thought into its discussion on monetary policy - and there is certainly nothing wrong with discussing the issues and putting out a policy document, in fact there is a lot right with that.  Furthermore, over their entire document they recognise this is a multi-faceted issue we need to be careful […]

Quote of the Day: Kolm on inequality - The Dismal Science

Apr 29, 2014

One of the forefathers of modern income inequality analysis, Serge-Christophe Kolm, started one of his most famous papers (REPEC) in the following way: Many people consider the reduction of economic inequalites as a basic aim of society. Such ideas are, however, largely nonoperational, sterile, and even meaningless, as long as what is called inequality is not […]

Factor shares - The Dismal Science

Apr 04, 2014

By the time this post is up, I should have finished Capital in the 21st Century.  However, I write my posts well in advance – so this isn’t really about it. For the next three weeks (starting Monday) I am going to have different posts up about historic “schools” of looking at factor shares, all […]

Some beautiful links - The Dismal Science

Mar 30, 2014

I am not around.  Over the next three weeks, there are a series of really rubbish auto-posts are coming up about “factor shares” – I normally write posts in advance, but it is unlikely I am going to add anything or move posts around to include new ones.  During that time I’ll be reading and […]