Is the sky falling?
Research, New Zealand Institute of Economic | July 2019
Abstract
The NZIER has been collecting information about the confidence of New Zealand businesses since 1975. We publish the results in the NZIER Quarterly Survey of Business Opinion (QSBO). When we reported that business confidence had fallen dramatically in late 2017, the Government, the Opposition, the press and all the other economists in New Zealand had a view on what this meant. Depending on who you talked to, the results were meaningless, a harbinger of doom, another example of the vast right-wing conspiracy or an interesting example of the views of businesses that provided some insights into how parts of the economy were tracking. Our own take is the QSBO is an important measure when interpreted carefully, but shouldn’t be viewed in isolation of other data when making predictions.
Given the level of interest in this topic, we have undertaken some more detailed analysis of the QSBO.
Citation
Research, New Zealand Institute of Economic. 2019. Is the sky falling?. © New Zealand Institute of Economic Research. http://hdl.handle.net/11540/10580.Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Financial Stability
Financial Management System
Financial Restructuring
Capital Market Development
Market Development
Economics
Erosion
International Economics
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Foreign and Domestic Financing
Foreign Direct Investment
Economies in transition
Economic agreements
Social condition
Economic dependence
Economic assistance
Crisis
Taxation
Public Accounting
National Budget
Municipal Bonds
Local Government
Local Taxes
International Monetary Relations
International Financial Market
Multilateral Financial Institutions
Economic Recession
Market
Crisis
Economic indicators
Growth models
Gross domestic product
Macroeconomics
Economic forecast
Business Financing
Investment Requirements
Corruption
Money laundering
Financial crisis
Labor economics
Regional economics
Business recessions
Multilateral development banks
Regulatory reform
Capital
Exports
Economic development projects
Economic policy
Economic forecasting
Investment Requirements
Banks
International banks and banking
Capital movements
Central banks and banking
Bills of exchange
Swaps
Banks and banking
Financial crisis
Credit control
Credit allocation
Capital market
International liquidity
Liquidity
Exchange rate
Use tax
Taxing power
State of taxation
Tax-sales
Tax revenue estimating
Tax planning
Spendings tax
Special assessments
Tax administration and procedure
Sales tax
Real property and taxation
Progressive taxation
Effect of taxation on land use
Effect of taxation on labor supply
Intergovernmental tax relations
Inheritance and transfer tax
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