Matt Nolan • Sep 30, 2014 •
Our Prime minister, John Key, has decided to say the following: Prime Minister John Key has indicated he thought the New Zealand dollar’s fair falue was around 65 USc and that it would be logical for the Reserve Bank to intervene to push the New Zealand dollar lower, given it was currently well above where […] … Read More
Matt Nolan • Feb 05, 2014 •
Although I no longer have the time to keep up with the literature on financial stability policy (and so am not commenting on it – this is due to my switch to detail income data analysis), I still spend a bunch of time looking at the national economy and monetary policy. I see that a […] … Read More
Matt Nolan • Aug 13, 2013 •
I see the RBNZ has come out with the details of the LVR restrictions (loan-to-value limits on mortgages) they may well put in place soon. That is cool. I’m also Continue Reading → … Read More
Matt Nolan • Aug 09, 2013 •
The discussion about Milton Friedman going on at the moment is great fun – with a bunch of people discussing whether Friedman was Keynesian and what this even means. It Continue Reading → … Read More
Matt Nolan • Jul 25, 2013 •
Robert Shiller has writtem extensively about bubbles. Via Stephen Kirchner I saw the following: Because bubbles are essentially social-psychological phenomena, they are, by their very nature, difficult to control. Regulatory Continue Reading → … Read More
Matt Nolan • Jul 01, 2013 •
In an otherwise clear, insightful, and useful speech regarding the use of macroprudential tools – and why – the Reserve Bank states the following While the Reserve Bank’s mandate is Continue Reading → … Read More
Matt Nolan • Jun 25, 2013 •
I see that the Bank for International Settlements has released their latest annual report. I have not read it, but will place it here to peek at later. However, if Continue Reading → … Read More
Matt Nolan • Jun 14, 2013 •
I see that Bernard Hickey is suggesting we have the RBNZ pop the “housing bubble”. And to do it the Bank should either ignore inflation targeting and hike rates, or Continue Reading → … Read More
Matt Nolan • Jun 12, 2013 •
A quote via Scott Sumner: But debt doesn’t make workers want to work less, it makes them want to consume less. There is a difference. We need economists to look Continue Reading → … Read More
Matt Nolan • May 27, 2013 •
Over on Frog Blog Russell Norman says we should have a rational debate about policy – in this instance the idea of having the RBNZ finance government spending by buying Continue Reading → … Read More