Research Team
Email: firstname.lastname@rbnz.govt.nz

Biography:

Anella joined the Research Team of the Reserve Bank in 2003. She worked at the Bank for International Settlements (Hong Kong) in 2007-9, and returned to the Reserve Bank in 2010. Prior to joining the Bank, she worked for the Asian Development Bank. She holds a BSc in Electrical Engineering (MIT), and a DPhil in Economics (Oxford).

Current research interests:

• Open economy macroeconomics
• Financial intermediation in DSGE models
• Macro-prudential policy

Selected Papers:

• “The macroeconomic effects of a stable funding requirement”, with C. Bloor and R. Craigie, forthcoming
• “Financial sector amplification and credit cycles in New Zealand”, with R. Craigie, Reserve Bank of New Zealand Bulletin, Vol.73, No.2 (June 2010)
• “Why borrow offshore?”, with Susan Black, BIS Working Paper 334
• “Motivations for swap-covered borrowing”, with Philip Wooldridge, BIS Papers No 52 145
• “What drives the current account in commodity exporting countries? The cases of Chile and New Zealand”, with Juan Pablo Medina, and Claudio Soto, BIS Working Paper 247.
• “The International Financial Crisis: Timeline, impact and policy response in Asia and the Pacific”, with A. Filardo, J. George, M. Loretan, G. Ma, I. Shim, P. Wooldridge, J Yetman, H. Zhu, Background paper for “The International Financial Crisis and Policy Challenges in Asia and the Pacific,” a wrap-up Conference of the BIS Asian Research Programme 6-8 August 2009, Shanghai.
• “Understanding New Zealand’s Current Account: a structural approach”, with Rishab Sethi, Reserve Bank of New Zealand Discussion Paper DP2007/10, 2007
• "The Present Value Model and New Zealand’s Current Account”, with Rishab Sethi, Reserve Bank of New Zealand Discussion Paper, DP2006/12. 2006.
• “Update on Eurokiwi and Uridashi bonds”, with David Drage and Cath Sleeman, Reserve Bank of New Zealand Bulletin, Vol 68. No 3, September 2005.