Isaac Heron

Summer Intern
Isaac Heron

Team: Policy Analysis

University: University of Otago

Studying: Bachelor of Laws and a Bachelor of Science, double majoring in Economics and Genetics

Why I chose to apply for a RBNZ summer internship

I’ve been very interested in Economics since high school. As a result I wanted to see what it was like to work in a related field to see if I wanted to pursue it as a career and perhaps do postgraduate Economics study. The Reserve Bank was an obvious choice to do this.

What work I’ve been doing as a summer intern

I spent the first two weeks of the summer helping write the speech the Reserve Bank Governor delivered for the annual Sir Leslie Melville Lecture, which took place online through Australian National University. I then spent the rest of the summer writing a research paper on forward guidance, with a particular focus on what the different types of forward guidance are and when you should use them.

What else I’ve been involved in at the Bank

I also got involved with the Te Reo lessons the RBNZ now offers to all its staff.

This summer has been memorable because

This summer has been memorable for many reasons! I made a group of great new friends with the other interns, I met and worked with many very experienced people, I had the amazing opportunity of writing a speech for the governor, and worked on a very challenging and interesting topic with my forward guidance project. I learned a huge amount about how what I have learned in the classroom applies (or doesn’t) in practice, and had many opportunities to see the wide variety of projects many other people at the bank were working on.

Why I would recommend the internship to others

I would recommend the RBNZ to others for many reasons. It’s great chance to learn new skills, to see what it’s like to work in central banking and in the public sector generally, to meet new people and do some interesting and valuable work.