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

Biography:

Kirdan is Manager of the Research Team and Project Manager of the development of a Dynamic Stochastic General Equilibrium (DSGE) model that aims to replace the current Forecasting and Policy System. Kirdan earned a Ph.D at the University of Melbourne and joined the Reserve Bank in January 2003.

Current research interests:

• Monetary policy and DSGE models
• Forecasting and adding judgment within DSGE models
• Modelling central banks as optimising economic agents

Selected publications:

• (2008), “Uncovering the Hit-list for Small Inflation Targeters: A Bayesian Structural Analysis”, joint with Timothy Kam and Philip Liu, forthcoming, Journal of Money, Credit and Banking
• (2008) “How costly is exchange rate stabilisation for an inflation targeter? The case of Australia?", joint with Mark Crosby and Timothy Kam, Economic Record, 84(266, September, pp 354-365
• (2007) “How large are the gains to commitment and optimal delegation for a small open economy?" Journal of Macroeconomics, vol 29, issue 4, pp 959-975
• (2007), “Mind your Ps and Qs! Improving ARMA forecasts with RBC priors”, joint with Troy Matheson, Economic Letters 96 (2), August, pp 275-281
• (2007), “Do the central banks of Australia and New Zealand behave asymmetrically?”, joint with Ozer Karagedikli, Economic Record, 83(261, June, pp 131-142
• (2007) “Open economy DSGE-VAR forecasting and policy analysis - head to head with the RBNZ published forecasts”, joint with Troy Matheson and Christie Smith, Reserve Bank of New Zealand Discussion Paper DP2007/01
• (2005), “A happy ‘halfway-house’? Medium term inflation targeting in New Zealand”, joint with Sam Warburton, Reserve Bank of New Zealand Discussion Paper DP2005/03
• (1999), "Optimal Revenue Smoothing: The Case of New Zealand", joint with Alfred Guender, Journal of Macroeconomics, vol 21, issue 3