• 9:10 – 9:25pm Registration
• 9:25 – 9:30am Welcome: Peter Phillips and Jun Yu
• 9:30 – 11:00 am Session 1

Chair: Alan Rogers (University of Auckland)

Ron Bewley (University of New South Wales): “Real-time forecasting with VAR: Spurious Drift, Structural Change and Intercept-correction”

Discussant: Peter Phillips (University of Auckland/Yale University)

Peter Phillips (University of Auckland/Yale University): “Unit root log periodogram regression”

Discussant: Jun Yu (University of Auckland)

Renate Meyer (Dept of Statistics at University of Auckland) and Jun Yu (University of Auckland): “BUGS for a Bayesian analysis of stochastic volatility models”

Discussant: Ying Zheng Zhang (University of Auckland)

• 11:00-11:30am Morning Tea
• 11:30am – 1:00pm Session 2

Chair: Jun Yu (University of Auckland)

Weshah Razzak (Reserve Bank of New Zealand): “Is the Taylor rule really different from the McCallum rule?”

Discussant: Donggyu Sul (University of Auckland)

Angela Huang, Dimitri Margaritis (University of Waikato), and David Mayes (Bank of Finland): “Monetary Policy Rules in New Zealand 1989-1998.”

Discussant: Debasis Bandyopadhyay (University of Auckland)

Debasis Bandyopadhyay (University of Auckland) and Parantap Basu(Fordham University): “The Growth-Inequality Relationship in A Neoclassical Model with Discrete Occupational Choice and Redistributive Taxes”

Discussant: William Zhu (University of Waikato)

• 1:00 – 2:00pm Lunch Break
• 2:00 – 3:30pm Session 2

Chair: Dimitri Margaritis (University of Waikato)

Nelson Mark (Ohio-State University) and Donggyu Sul (University of Auckland): “A Computationally Simple Cointegrating Vector Estimator for Panel Data”

Discussant: Ronald Bewley (University of New South Wales)

Peter Phillips (University of Auckland/Yale University) and Jun Yu (University of Auckland): “Exact Gaussian Estimation of Continuous Time Models of The Term Structure of Interest Rates”

Discussant: John Knight (University of Western Ontario)

John Knight (University of Western Ontario), “The Efficient Estimation of Markov Models Using Edgeworth Expansions and the Empirical Characteristic Function Approach”

Discussant: Alan Rogers (University of Auckland)

• 3:30 – 4:00pm Afternoon Tea
• 4:00 – 5:00pm Session 3: Panel Session: Using Scientific Word processing in Research and Teaching

Chair: Peter Phillips (University of Auckland/Yale University)

John Hillas (University of Auckland) Introduction to TeX and LaTeX

• 5:00 – 5:10pm Closing: Peter Phillips and Jun Yu