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- Publications
- Influence
Trade and Migration to New Zealand
This paper examines the hypothesis that a greater stock of migrants in New Zealand from a particular country leads to more trade between that country and New Zealand. The literature suggests that… Expand
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The Favourite-Longshot Bias and Market Efficiency in UK Football Betting
It is shown that the individual fixed-odds betting market on UK football exhibits the same favourite-longshot bias as that found in horse-racing. The bias appears both in betting on results (home… Expand
Insider Trading, Herding Behaviour and Market Plungers in the British Horse-Race Betting Market
Crafts (1985) suggested that a pronounced shortening of bookmaker odds in horse-race betting markets could indicate the presence of insider traders. This paper uses the Shin (1993) measure of the… Expand
Trade, Diaspora and Migration to New Zealand
NZIER has always had a strong interest in understanding the way in which the New Zealand economy interacts with the rest of the world. We have a long history of producing research into trade… Expand
Global Hegemony and the Structural Power of Capital
dimensions. These distinctions are elaborated to help explain aspects of the changing nature of present-day capitalism, with particular reference to aspects of transformation in the 1980s and beyond.… Expand
The Favourite-Longshot Bias, Bookmaker Margins and Insider Trading in a Variety of Betting Markets
This paper verifies the existence of the favourite-longshot bias in a variety of sports betting markets where odds are set by bookmakers, but the precise pattern of the bias is not identical.… Expand
Is one price enough to value a state-contingent asset correctly? Evidence from a gambling market
The answer to this question, based on a study of 1000 greyhound races, is ‘no’. Although the efficient markets hypothesis asserts that speculative market prices optimally encapsulate all relevant… Expand
New Zealand’s Diaspora and Overseas-born Population
Many New Zealand-born people migrate overseas, creating a diaspora, and many overseas-born people migrate to New Zealand. Both the diaspora and the overseas-born population in New Zealand may… Expand
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The Global Political Economy: Perspectives, Problems, and Policies
What lies ahead for the global political economy? How can policy makers channel economic development to increase the chances for peace and prosperity? From a wide range of theoretical viewpoints,… Expand
Housing Affordability in New Zealand: Evidence from Household Surveys
- D. Law, Lisa Meehan
- Economics
- 1 July 2013
Housing affordability has been a topic of much interest in New Zealand over recent years with the median house price increasing by over 50% between 2004 and 2008. The aim of this paper is to inform… Expand
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