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Research Note: The Unreserved Bank of New Zealand: Why unorthodox monetary policy needs boundaries

With its rate cut on 7 August 2019, the Reserve Bank of New Zealand surprised markets and sent a strong signal that unorthodox or unconventional monetary policy could be on the cards. We argue that, especially under unconventional circumstances, predictability of the Reserve Bank is needed to retain its credibility, independence and reputation. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Professor Robert MacCulloch
13 August, 2019
Research note Tomorrows Schools Data and Evidence cover5

Research note: Tomorrow’s Schools: Data and evidence

A comprehensive and year-long econometric analysis of data for 400,000 students undertaken by The New Zealand Initiative reveals there are no significant differences in school performance between schools of different deciles. Adjusted for the different student populations they serve, the vast majority of New Zealand’s secondary schools create the education outcomes we would expect from them. Read more

Joel Hernandez
8 April, 2019
2018 Annual Report cover image

Annual Report 2018

The New Zealand Initiative aims to create a country that brings opportunity, prosperity and happiness to all its people. It is an overarching goal that is not left, right or centre. Read more

26 March, 2019

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