Recessions
Discussion paper
Commercial real estate values, as a crisis unfolds
The authors of this paper discuss the potential impact of COVID-19 on commercial property values and the issues that commercial property valuers will be facing.
Essay
Stay on target
Everyone agrees the Government plays a critical role in helping New Zealand through the economic consequences of the Covid-19 global pandemic. But the best tools are not always clear. In this essay, the authors argue that the New Zealand Government should support struggling workers with targeted assistance, rather than a Universal Basic Income (UBI).
Conference paper
Economic resilience of regions: a longitudinal study of the Australian economy from 1986 to 2011
Resilience is about addressing vulnerability, not only by surviving a shock to the system, but also thriving in an economic environment of change and uncertainty. A robust conceptual framework is required to navigate through underlining elements of vulnerability. An evolutionary model of regional adaptive cycles around four sequential phases in economic activity – reorganisation, exploitation...
Article
Our smallest recession, our weakest recovery. Has Australia’s potential growth rate shrunk?
Reserve Bank governor Glenn Stevens seems to think we should expect lower long-term growth. But what do the figures say?
Working paper
How to build an economy free of recession: a new theory rising from the ashes of both Keynesian and Neoclassical economics
The paper calls for a thorough revision of the patent laws aiming at balancing the high risk of innovation investment with a high return, and the formation of a functional patent market, channelling funds automatically into innovation activities