Hey team, I realised that a lot of the videos going up presuppose knowledge about what GDP is and what the purpose of GDP is – but after hearing another series of people baselessly criticise GDP I realised that assuming this knowledge isn’t really the best place to start. So I popped a video up […]
Hi all, I’ve finished lecturing for the year early and so Gulnara and me have decided to put up some videos on measuring GDP and inequality. We’ve both been quite keen to pop together a short book and short series of videos on different economic indicators and how to interpret them – as it is […]
It has been a long time since I’ve closely followed New Zealand macroeconomic statistics – but I was a bit surprised seeing the headline “GDP jump of 14 per cent completes NZ’s ‘V’-shaped recovery“. Cliffs notes to this post – it was a strong result, but September likely wasn’t the strongest quarter on record, and […]
Now that we are back to level 2 lockdown in New Zealand (apart from Auckland where it is level 3) the issue of “should we wear a mask” has cropped up. A lot of “words” have been spread across the internet on the issue, with people arguing about their effectiveness, complaining about how it hurts […]
Last time I discussed how the cash rate influenced the interest rate. But what happens when the cash rate goes negative? This is the focus of today’s post. After recent discussions about “negative interest rates” across Australasia I thought it would be useful to talk about how these rates appear mechanically at a high level […]
As noted on blackboard we will need to decide if we continue with these lectures, or move to prerecorded lectures and no in person component . As a result I have popped a vote for this below – we will move to the type of lecture the majority of the class wants.