Fang is a Senior Analyst in the Research team in the Economics Department. Fang Yao joined the RBNZ in 2013. He obtained his PhD in economics from Humboldt University Berlin, Germany in 2010. Prior to joining the RBNZ, he was a post-doctoral researcher at the University of Erlangen-Nuremberg. Fang has also been a research visitor at the German Bundesbank, and Federal Reserve Banks of New York and Richmond.
Current research interests:
- Housing, Heterogeneous-agents models and Macroprudential policy
- Yao F, and Rubio, M (2017) “Macroprudential policies in a low interest-rate environment” Reserve Bank of New Zealand Discussion Paper, September 2017, DP2017/04
- Yao, F and Gehrke, B (2016) “Persistence and volatility of real exchange rates: the role of supply shock revisited” Reserve Bank of New Zealand Discussion Paper, February 2016, DP2016/02
- Yao, F (2016) “A Note on Increasing Hazard Functions and Monetary Transmission Mechanism”, Accepted for publication at the Macroeconomic Dynamics, Vol 20, Issue 1, Pages 446-459, January 2016
- Yao, F (2014) “Stabilising Taylor Rules when the Supply Shock Has a Unit Root” Accepted for publication Journal of Macroeconomics, Vol 41, Pages 16-20, April 2014
- Yao, F (2013) “Increasing Hazard Functions and Monetary Transmission Mechanism of Sticky Price Models”, SSRN working papers series, March 2013