NZESG - New Zealand Economic Study Group

NZESG Inaugural Meeting, 21-22 February 1997

Friday 21st February

  • 2:15pm Welcome Peter C B Phillips & John Small
  • 2:30pm Applications 1 : Chair: Andy Weiss

    "Education and health in an effective labour empirical growth model"
    Stephen Knowles & P. Dorian Owen (University of Otago)
    Discussant: Fraser Colgrave (University of Auckland)

    "Simultaneous equations models with forward looking reaction functions"
    Weshah Razzak (Reserve Bank of New Zealand)
    Discussant: Anna Heiler (Inland Revenue Department)

    "Econometric exchange rate systems"
    John Small (University of Auckland)
    Discussant: Dimitri Margaritis (Waikato University)

  • 4:00 - 4:15pm Coffee Break
  • 4:15pm Econometric Software Demo and Roundtable Discussion : Chair: Peter C B Phillips

    "Econometric software comparisons"
    Les Oxley (Waikato University)
    Discussion Panel:
    Clifford Wymer (University of Rome, University of Illinois)
    Dorian Owen (University of Otago)
    Andy Weiss (Victoria University of Wellington)

Saturday 22 February

  • 9:00am Theory 1 : Chair: Dorian Owen

    "A simple globally concave differential demand system"
    Mohammed Khaled (Victoria University of Wellington)
    Discussant: John Small (University of Auckland)

    "Panel cointegration"
    Peter C B Phillips (Yale University and University of Auckland)
    Discussant: In Choi (Kookmin University)

    "Simultaneity and sample selection in poisson regression models"
    Andy Weiss (Victoria University of Wellington)
    Discussant: Alan Rogers (University of Auckland)

  • 10:30am Coffee Break
  • 11:00am Applications 2 : Chair: Les Oxley

    "An asymmetry generator for error correction mechanisms, with application to bank mortgage rate dynamics"
    Denise Frost and Roger Bowden (Waikato University) "
    Discussant: Robin Court (University of Auckland)

    "Estimating the Costs of Residency Training in US Hospitals"
    Dimitri Margaritis (Waikato University)
    Discussant: Paul Rouse (University of Auckland)

  • 12:00pm Short Break
  • 12:10pm NZESG Planning and Organisational Meeting
  • 12:30pm Lunch Break
  • 1:30pm Theory 2 : Chair: Roger Bowden

    "Regressions for partially identified, cointegrated simultaneous equations"
    In Choi & Peter C B Phillips (Kookmin University, Korea & Yale University)
    Discussant: Katsuto Tanaka (Hitosubashi University)

    "LAD estimation under non-standard Conditions"
    Alan Rogers (University of Auckland)
    Discussant: Andy Weiss (Victoria University of Wellington)

    "Solutions of Nonlinear Differential Equations with Econometric Applications"
    Clifford Wymer (University of Rome, University of Illinois)
    Discussant: Hailong Qian (Victoria University of Wellington)

  • 3:00 - 3:15pm Coffee Break
  • 3:15pm Theory 3 : Chair: John Small

    "Unit root testing in the presence of structural breaks: a case study of New Zealand CPI components"
    John Haywood and Fraser Jackson (Victoria University of Wellington)
    Discussant: Matt Kerr (University of Auckland)

    "Redundancy of Moment Condtions in GMM Estimation"
    Hailong Qian (Victoria University of Wellington)
    Discussant: Dorian Owen (University of Otago)

    "The nonstationary fractional unit root"
    Katsuto Tanaka (Hitotsubashi University, Japan)
    Discussant: Peter C B Phillips (Yale University and University of Auckland)

  • 4:45pm Closing: Peter C B Philips & John Small