Bryce green web

Dr Bryce Wilkinson

Senior Fellow

Bryce is a Senior Fellow at The New Zealand Initiative, and also the Director of the Wellington-based economic consultancy firm Capital Economics. Prior to setting this up in 1997 he was a Director of, and shareholder in, First NZ Capital. Before moving into investment banking in 1985, he worked in the New Zealand Treasury, reaching the position of Director. Bryce holds a PhD in economics from the University of Canterbury and was a Harkness Fellow at Harvard University. He is a Fellow of the Law and Economics Association of New Zealand.

Bryce is available for comment on fiscal issues, our poverty, inequality and welfare research. He also has a strong background in public policy analysis including monetary policy, capital markets research and microeconomic advisory work.

Latest reports:
Pharmac: The right prescription? (2020)
Research Note: Doing whatever it takes with someone else’s money
(2020)
Policy Point: FDI: Unjustified Urgency
(2020)
Research Note: Deficit spending in a crisis: why there is no such thing as a free lunch
(2020)
Research Note: Quantifying the wellbeing costs of Covid-19
(2020)
Research Note: How bad might the lockdown be for jobs and income?
(2020)
Work in Progress: Why Fair Pay Agreements would be bad for labour
(2019)
KiwiBuild: Twyford's Tar Baby (2019)
Fit for Purpose? Are Kiwis getting the government they pay for? (2018)
Recipe for disaster: Building policy on shaky ground (2018)
Welfare, Work and Wellbeing: From Benefits to Better Lives (2017)
The Inequality Paradox: Why inequality Matters Even Though it has Barely Changed (2016)
Poorly Understood: The State of Poverty in New Zealand (2016)
Reducing Unnecessary Regulatory Costs (2015)
A Matter of Balance: Regulating Safety (2015)
Investing for success: Social Impact Bonds and the future of public services (2015)

Phone: +64 4 472 5986

Email: bryce.wilkinson@nzinitiative.org.nz

Recent Work

NZIJ0158 PHARMAC report COVER white logo

Pharmac: The right prescription?

This report examines the strengths and weaknesses of New Zealand’s arrangements for prescription medicines. Central to them is the Pharmaceutical Management Agency, Pharmac, a Crown entity. Among OECD member countries, Pharmac is “unique” in combining “clinical, economic and commercial aspects, and decision-making within a fixed budget for subsidising pharmaceuticals.”1 Other member countries commonly separate these roles and may have more open-ended budgets.Perhaps the greatest strength in New Zealand’s arrangements compared to elsewhere is that, from its inception in 1993, Pharmac... Read more

Dr Bryce Wilkinson
29 July, 2020
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Podcast #17: Bryce Wilkinson unpacks Modern Monetary Theory

The concept of modern monetary theory is back. This set of economic ideas has been around for a while but has risen to prominence recently through the work of American economist and adviser to Bernie Sanders' 2016 presidential campaign, Stephanie Kelton, whose book 'The Deficit Myth' was released in June. Read more

Dr Bryce Wilkinson
Nathan Smith
Podcast
3 July, 2020
DHB

Playing politics with the Public Health

The public health system is a political football. Every change of administration is an opportunity to boot the ball at a different set of goalposts. Occasionally, all it takes is a change of Minister. Professor Robin Gauld, director of the University of Otago’s Centre of Health Systems and Technology, has published at least two books and a substantial academic article on the structural instability of New Zealand’s healthcare system since the 1980s. Read more

Dr Bryce Wilkinson
Insights Newsletter
26 June, 2020
Doing whatever it takes with someone elses money 3

Research Note: Doing whatever it takes with someone else’s money

New Zealand is now on a dangerous path to higher public debt and unprecedented money printing with no credible plan for unwinding the situation before the next crisis, warns a new report by The New Zealand Initiative. Covid-19 and the various types of lockdown responses have caused many governments to go even more heavily into debt and print money to sustain asset prices with borrowed money. Read more

Dr Bryce Wilkinson
Research Note
12 June, 2020
Purse2

Someone else’s money

For the last couple of decades, public debt and banking system liquidity has been ratcheting up around the world after each recession or market correction. But no one appears to have any credible plan for restoring public debt, liquidity or central bank policy rates to normal levels. Read more

Dr Bryce Wilkinson
Insights Newsletter
12 June, 2020

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