This paper discusses alternative methods to estimate the distribution of wealth in New Zealand, adapting a taxable income capitalisation method that suggests more wealth at the top of the distribution than previously estimated.

This paper investigates the macroeconomic effects of fiscal policy in New Zealand using a structural Vector Autoregression (SVAR) model. The model is the five-variable structural vector autoregression (SVAR) framework proposed by Blanchard and Perotti (2005), further augmented to allow for the possibility that taxes, spending...