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Reserve Bank discussion papers present the detailed scholarly research of staff economists and visiting scholars. The papers are published throughout the year, mainly for academic and professional economists.

Unless otherwise stated, views expressed are those of the authors, and do not necessarily represent the views of the Reserve Bank.

Latest Edition
Migration and Business Cycle Dynamics
Christie Smith; Christoph Thoenissen
DP2018/07, Discussion Paper, 10/08/2018
Migration and Business Cycle Dynamics (PDF 1.63 MB)
Chronology of discussion papers
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DP2016/06
The impact of disasters on inflation
Miles Parker
 The impact of disasters on inflation (PDF 425.15 KB)
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DP2011/06
Cyclical changes in firm volatility
Emmanuel De Veirman; Andrew Levin
 Cyclical changes in firm volatility (PDF 295.4 KB)
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Sharing a Risky Cake
David Baqaee; Richard Watt
 Sharing a Risky Cake (PDF 216.35 KB)
DP2009/19
DP2009/15
Measuring Output Gap Uncertainty
Anthony Garratt; James Mitchell; Shaun P. Vahey
 Measuring Output Gap Uncertainty (PDF 292.41 KB)
DP2009/13
The “suite” smell of success- Complementary personnel practices and firm performance
Richard Fabling; Arthur Grimes
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 The “suite” smell of success- Complementary personnel practices and firm performance (PDF 325.17 KB)
DP2009/06
Analysing wage and price dynamics in New Zealand
Ashley Dunstan; Troy Matheson; Hamish Pepper
 Analysing wage and price dynamics in New Zealand (PDF 199.38 KB)
DP2009/01
Revealing monetary policy preferences
Christie Smith
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 Revealing monetary policy preferences (PDF 309.08 KB)
DP2008/15
Practical Monetary Policies
Alfred V. Guender; David Gillmore
 Practical Monetary Policies (PDF 348.93 KB)
DP2008/10
Incorporating judgement with DSGE models
Jaromír Beneš; Andrew Binning; Kirdan Lees
 Incorporating judgement with DSGE models (PDF 232.75 KB)
DP2006/10
DP2000/08
Inflation targeting under potential output uncertainty
Victor Gaiduch; Benjamin Hunt
 Inflation targeting under potential output uncertainty (PDF 278.1 KB)
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G99/9
The myth of co-moving commodity prices
Paul Cashin; Dr John McDermott; Alasdair Scott
 The myth of co-moving commodity prices (PDF 163.98 KB)
G99/8
Booms and slumps in world commodity prices
Paul Cashin; Dr John McDermott; Alasdair Scott
 Booms and slumps in world commodity prices (PDF 176.25 KB)
G99/7
Concordance in business cycles
Dr John McDermott; Alasdair Scott
 Concordance in business cycles (PDF 336.27 KB)
G99/2
Noise trading and exchange rate regimes
Olivier Jeanne; Andrew K. Rose
 Noise trading and exchange rate regimes (PDF 465.91 KB)
G98/8
Testing the predictive power of New Zealand bank bill future rates
Leo Krippner
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 Testing the predictive power of New Zealand bank bill future rates (PDF 49.17 KB)
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G97/1
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