RBNZ Academic Fellowships

Past Academic Fellows

General statement

The Reserve Bank of New Zealand's Academic Fellowship programme aims to facilitate our engagement with academics and other professional economists working in areas broadly related to monetary policy and financial stability. The purpose of the programme is to conduct research of interest to the Reserve Bank, foster ongoing collaborative research relationships, and help Reserve Bank staff to develop their expertise.

We envisage that Fellowships will usually involve joint work with staff at the Reserve Bank. The fellow will visit the Bank for a period of time to work directly with their Reserve Bank co-authors. During such visits, the fellow is also expected to perform a collegial role: presenting their own work, and providing feedback on other aspects of the Bank's activities.

Research areas

Fellowship proposals are welcome in all areas relevant to the Bank's monetary policy and financial stability roles, including:

  • Macro-prudential policies
  • Interactions among macroeconomic policies (macro-prudential, monetary, fiscal)
  • The role of terms of trade or commodity price movements
  • Business cycle analysis
  • Pricing dynamics
  • Structural macro-modelling
  • New developments in forecasting.

Research on New Zealand-specific topics is particularly valued. For research interests of staff from the Economics Department see Research staff profiles.

Submission process for Reserve Bank Academic Fellowships

As a first step, we suggest applicants discuss their proposal with a prospective partner at the Reserve Bank. The prospective Bank co-author will gauge interest in the proposal in the relevant departments of the Bank, help develop the proposal and follow up on any decision taken.

Proposals should clearly specify:

  1. Objectives
  2. Timeframes
  3. An allocation of responsibility across the external and internal parties
  4. The professional experience of the applicant.

Evaluation of project proposals

Proposals are jointly assessed by relevant departmental managers, based on the following criteria:

  • Perceived benefit to the Bank, including how the project meets the desired objectives of the fellowship programme
  • Fit with our current research priorities (where applicable)
  • Standing in the profession and with the Bank: reputation and experience
  • Probability of successful completion of any proposal, and
  • Detail and completeness of the proposal


Christie Smith
Manager Research, Economics Department