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Articles on Economic modelling

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Big sporting events often make a loss, but the locals still enjoy the party. AFP/Franck Fife

What will the Rugby World Cup be worth to New Zealand?

RUGBY WORLD CUP – In the latest of The Conversation’s series on the Rugby World Cup, Massey University’s Sam Richardson looks at the costs and benefits to the host country New Zealand. New Zealand has…
A survey of 140 economists found 60% were in favour of the Gillard government’s carbon tax policy. AAP

Economists back carbon tax package

A survey of 145 economists released today found that 60% believe the Gillard government’s carbon tax is good economic policy. The carbon tax package, announced on Sunday, penalises 500 heavy polluters…
Are prices set to rise? A survey of 1200 consumers found an increase in the number of people who expect inflation will not fall within the Reserve Bank’s target. Flickr

Consumers see inflation breaching RBA target slightly

The proportion of people who expect inflation to breach the Reserve Bank’s annual target of 2-3% increased slightly in June, a survey of 1200 consumers has found. The survey, conducted by the Melbourne…
Would you behave differently if you knew when the crash was coming? Dave Hunt/AAP

Pop science: predicting the end of Australia’s property bubble

Economists and physicists may seem like unlikely bedfellows, but then opposites often attract. Their union has recently produced a peculiar baby, a field of research known as “econophysics”. Physicists…

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