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Recessions

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Economic growth
Current term
Recessions
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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