In 2011 the Treasury introduced an 'Annual Award for the Most Outstanding Working Paper'. The authors are presented with a certificate, but there is no pecuniary reward (at least, it has not yet been possible to estimate a marginal effect on lifetime earnings). The judge for the 2011 to 2013 papers was Professor Gary Hawke. For 2014 and 2015 the judge was Dr John Yeabsley. The winning papers are listed below.
Authors: David Law, Lisa Meehan and Grant M Scobie
This paper presents the results of an initial evaluation to assess individuals' saving behaviour following the introduction of the KiwiSaver scheme. It is based on the findings of a national survey conducted in 2010.
Authors: Iris Claus, John Creedy and Josh Teng.
This paper provides estimates of the extent to which reported taxable incomes change as a result of people responding to changes in the marginal income tax rates that they face.
Authors: Christopher Ball and Michael Ryan.
This paper quantifies welfare changes over the 2008/09 recession for different types of households in New Zealand.
Authors: Christopher Ball, John Creedy and Michael Ryan.
This paper has two main aims. First, the poor targeting of a policy of zero-rating food in a goods and services tax (GST) is illustrated in a simple model where the revenue lost from zero-rating food is instead devoted to a universal transfer payment, with a larger effect on progressivity. Second, the paper investigates the welfare effects on New Zealand households of zero-rating food.
Authors: Joey Au, Andrew Coleman and Trudy Sullivan
This paper investigates the practicality of using a sophisticated multi-criteria analysis technique to estimate the preferences of a representative sample of the public to inform policy advice.
Authors: Christopher Ball, John Creedy and Grant Scobie
This paper examines the optimal time path of the tax rate, in a model where an increasing ratio of government debt to GDP is projected in the absence of policy changes.
Author: Lynda Sanderson
This note draws out data from the International Engagement module of the Business Operations Survey 2011. The module was designed to capture information on the international activities of a large, representative sample of New Zealand firms, including the types of activities they are involved in and the barriers they encounter.