title: Is there market discipline for New Zealand non-bank financial institutions?

authors: Huss, Kurt

subjects: banking

abstract: This paper studies effects of market discipline on the pricing of term deposit type investment products issued by New Zealand Non-Bank Financial Institutions (NBFIs) and how risk disclosure by NBFIs affects this relationship. While we find that more risky NBFIs indeed have to offer higher interest premiums, it is remarkable that investors do not appear to reward NBFIs for disclosure by accepting lower interest rates for better transparency. We attribute this unexpected result to possible limitations of a purely prospectus based disclosure quality index developed for this study or the inherent opaqueness of financial firms which cannot be overcome by even the best of disclosure [as argued by Morgan D.P., 2002. Rating banks: risk and uncertainty in an opaque industry. The American Economic Review 92 (4), 874–888].

text: Is there market discipline for New Zealand non-bank financial institutions? This paper studies effects of market discipline on the pricing of term deposit type investment products issued by New Zealand Non-Bank Financial Institutions (NBFIs) and how risk disclosure by NBFIs affects this relationship. While we find that more risky NBFIs indeed have to offer higher interest premiums, it is remarkable that investors do not appear to reward NBFIs for disclosure by accepting lower interest rates for better transparency. We attribute this unexpected result to possible limitations of a purely prospectus based disclosure quality index developed for this study or the inherent opaqueness of financial firms which cannot be overcome by even the best of disclosure [as argued by Morgan D.P., 2002. Rating banks: risk and uncertainty in an opaque industry. The American Economic Review 92 (4), 874–888].

year: 2007

title: A multitone current sink for measuring impedance of in-use batteries

authors: Dunn, Christopher

abstract: Measurement of impedance of rechargeable batteries at very low frequencies reveals valuable information relating to battery behaviour and condition. Until now, successful measurements have been made in the laboratory with bench analysers. This requires batteries to be taken out of service for periods ranging from hours to days, which is impractical for units that are needed for continual use or that are difficult to remove for analysis (e.g. electric vehicles), or that are difficult or impossible to access (e.g. satellites, implanted medical devices, distant data centres). This manuscript describes a simple microprocessor-based circuit that draws current at a number of frequencies and provides voltage and current data that can be logged and used to calculate the impedance of batteries in situ. It is a good engineering example of a PIC-based electronic circuit design and verification including C-language code.

text: A multitone current sink for measuring impedance of in-use batteries Measurement of impedance of rechargeable batteries at very low frequencies reveals valuable information relating to battery behaviour and condition. Until now, successful measurements have been made in the laboratory with bench analysers. This requires batteries to be taken out of service for periods ranging from hours to days, which is impractical for units that are needed for continual use or that are difficult to remove for analysis (e.g. electric vehicles), or that are difficult or impossible to access (e.g. satellites, implanted medical devices, distant data centres). This manuscript describes a simple microprocessor-based circuit that draws current at a number of frequencies and provides voltage and current data that can be logged and used to calculate the impedance of batteries in situ. It is a good engineering example of a PIC-based electronic circuit design and verification including C-language code.

year: 2019

title: Research reflections on making visible the experiences of Kāpō Māori during and after COVID-19

authors: Masters-Awatere, Bridgette

abstract: Introduction: 
This piece reflects on our research process when undertaking face-to-face interviews with tāngata kāpō (Māori people who are blind, deafblind, low vision or vision impaired). Particular attention is given to the access requirements of tāngata kāpō and the intersections of Māori and disability. These experiences are shared as learning opportunities for others who are undertaking research in ways that are mindful of Tiriti and disability obligations, and in the current COVID-19 environment.

text: Research reflections on making visible the experiences of Kāpō Māori during and after COVID-19 Introduction: 
This piece reflects on our research process when undertaking face-to-face interviews with tāngata kāpō (Māori people who are blind, deafblind, low vision or vision impaired). Particular attention is given to the access requirements of tāngata kāpō and the intersections of Māori and disability. These experiences are shared as learning opportunities for others who are undertaking research in ways that are mindful of Tiriti and disability obligations, and in the current COVID-19 environment.

year: 2021