Michael Callaghan

Currently on Secondment
Michael Callaghan


Michael is an Economic Analyst in the Forecasting team in the Economics Department. Michael was an intern at the Reserve Bank over summer 2014/2015, prior to completing a BCom Honours in Economics and Finance at the University of Canterbury.

Michael re-joined the Reserve Bank in 2016 as an analyst in the International and Markets Analysis team. While in the Financial Market Department, he spent time modelling the term structure of interest rates and the transmission of international and financial shocks to the New Zealand economy.

Michael joined the Forecasting team in 2018 after two years in the Financial Markets Department.

Current research interests

  • Forecasting New Zealand economic conditions
  • Monetary policy transmission
  • Macro-finance
  • Term structure modelling

Recent publications