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NZCM Newsletter #1

The goal of the New Zealand Centre for Macroeconomics is to improve the quality of macroeconomic research in New Zealand. By creating a hub, the NZCM hopes to facilitate research interaction between local academics, their interaction with the policy researchers, and aid the development of graduate students in macroeconomics. New Zealand is a prototypical small open economy of many macroeconomic models, open wide to capital and trade flows, with an active policy discourse to promote competitiveness, and a strong history of engagement in the economic development of the Asia-Pacific. For these reasons, the NZCM starts up with four research programmes: International Economics; Monetary policy, financial stability and macro-financial linkages; NZ macro-economy, productivity and regional development; and Economic growth and development. In addition to organizing regular workshops, NZCM disseminates research of its members by circulating working papers as NZCM working papers, disseminated on our webpage (nzmacrobu.wpengine.com), and in the social media.