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March 2012 NZEP includes critiques of Wolak paper on NZ electricity market

March 21 2012

The contents of New Zealand Economic Papers, Volume 46, Issue 1, March 2012 (available online or by subscription):

  • A critique of Wolak’s evaluation of the NZ electricity market: Introduction and overview
  • A critique of Wolak’s evaluation of the NZ electricity market: The incentive to exercise market power with elastic demand and transmission loss
  • An examination of Frank Wolak’s model of market power and its application to the New Zealand electricity market
  • Simulating market power in the New Zealand electricity market
  • A critique of Wolak’s evaluation of the NZ electricity market: Afterword
  • A critique of Wolak’s evaluation of the NZ electricity market afterword: A rejoinder
  • Prescriptivism to positivism? The development of the CPI in New Zealand
  • Why the shadow of the law is important for economists
  • The A.R. Bergstrom Prize in Econometrics, 2012

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New ZealandEconomic Papers

New Zealand Economic Papers publishes research of the highest quality from leading international scholars in all areas of economics. The Journal also serves as an outlet for world class research on important economic and policy issues relevant to New Zealand, the Pacific, Australia, and Asia. The Journal covers all aspects of economics, from micro- to macrotheory and micro- to macroeconometrics.

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