Tagged: exchange rate

Featured image: Closing the gap with Australia: only the OECD seems to think so

Closing the gap with Australia: only the OECD seems to think so - The Dismal Science

Michael Reddell • Sep 08, 2015 •

A friend asked me yesterday for the latest GDP per capita numbers for New Zealand and Australia.  His interest was a point estimate, to compare current levels in the two countries.  I went back to him with the series I would normally consider best for that purpose: the OECD’s measure of current price GDP per capita, converted to a … Read More

The exchange rate is just a price - The Dismal Science

Paul Walker • Apr 17, 2015 •

How often must this be said?Oliver Hartwich writes in the latest New Zealand Initiative Insights (Insights 12: 10 April 2015 ),The Reserve Bank of Australia’s surprise decision not to cut interest rates only postponed the expected “parity party” between the Kiwi and the Aussie dollars. The way things are going, it is a matter of time until both currencies are … Read More