The purpose of this paper is to examine the behaviour of the share prices on the acquired bank, Trust Bank New Zealand Limited, involved in a merger proposal. Asquith, Burner and Mullins (1983) have identified a number of ...

The GATT agreement has been a major factor behind the current reforms of the CAP essentially providing an external constraint on policy developments. This has enabled a radical switch from unlimited support based upon ...

The developments in the European Union and its environmental policy have important implications for New Zealand. While the importance of the European Union as a market for New Zealand produce has diminished, it is still ...

By international standards, New Zealand’s recent business cycle fluctuations are remarkably volatile. Some bivariate regularities observed in developed economies are weak and sometime uncertain. Are these features endemic ...

The role of owner-provided services in fee-based recreation access is evaluated for the case of waterfowl hunting. An hedonic framework is used to analyze and estimate the implicit price of some waterfowl hunting lease ...

Recently the pricing problem of a monopolist producing several different qualities of a product has received some attention in the literature. Mussa and Rosen (1978) studied the optimal product mix of a monopolist producing ...

The paper seeks to undertake an econometric investigation of a quarterly money demand model for an eighteen year period 1979Q1-1996Q4. The variables considered for the model are real income, real interest rate, the real ...

This study argues that the value of imputation tax credits should be taken into account when firms are making decisions on investment, capital structure and dividend policy. The research examines ex-dividend day share price ...

There is growing interest and evidence in the New Zealand education sector of the application of marketing principles and techniques. This has been brought about, in part, by a declining birth rate and a more market-driven ...

This paper aims to explain from within mainstream theory why incorporating the rational expectations hypothesis in new classical macroeconomics leads to stable market equilibria, while other branches within the mainstream ...