Research Conference Proceedings


Programme – International Research Conference 2019


Year 2019

Name Author      
Uncertainty Shocks and Monetary Policy Rules in a Small Open Economy Sargam Gupta Abstract Full Text Presentation
Decoding Policy Puzzles and Monetary Policy Transmission in Sri Lanka through Time-Varying Dynamics

Sujeetha Jegajeevan

W S Navin Perera

K K C Sineth Kannangara

Abstract Full Text Presentation
Death and Taxes: Does Taxation Matter for Firm Survival?

Serhan Cevik

Fedor Miryugin

Abstract Full Text Presentation
Monetary Policy and Inflation-Output Variability in Developing Economies: Lessons from Sri Lanka

Kesavarajah Mayandy

Paul Middleditch

Abstract Full Text Presentation
How Productive is Public Investment? Evidence from Indian Manufacturing

Santanu Chatterjee

Thomas Lebesmuehlbacher

Abhinav Narayanan

Abstract Full Text Presentation
Sri Lanka’s Sources of Growth: The Application of Primal and Dual Total Factor Productivity Growth Accounting Approaches

Thilini Sumudu Kumari

Sam Hak Kan Tang

Abstract Full Text Presentation
Fundamental Drivers of International Price and Consumption Disparities Long Hai Vo Abstract Full Text Presentation

Year 2018

Name Author      
Incorporating Financial Stability into Monetary Policy Framework: The Bank of Thailand’s Experience

Chutipha Klungjaturavet

Warapong Wongwachara

Bovonvich Jindarak

Sophon Tunyavetchakit

Abstract Full text  Presentation
Interest Rate Rules, Forward Guidance Rules and the Zero Lower Bound on Nominal Interest Rates in a Cost Channel Economy Lasitha R C Pathberiya Abstract Full text Presentation
Understanding De-anchoring of Inflation Expectations: Evidence from Chile

Michael Pedersen 

Abstract Full text Presentation
Forecasting Deflation Probability in the EA: A Combinatoric Approach Luca Brugnolini Abstract Full text Presentation
Implementing Inflation Targeting in Sri Lanka: The Fiscal Challenge

Kishan Abeygunawardana

Abstract Full text Presentation
Fiscal Regimes and Fiscal Sustainability in Sri Lanka

Sandy Suardi

Nelson Perera 

Chew Lian Chua 

Abstract Full text Presentation
Cost of Banking Crises: Does the Policy Framework Matter?

Yannick Lucotte

Florian Pradines-Jobet

Grégory Levieuge

Abstract Full text Presentation
Search and Matching Friction and Status Conscious Job Choice

Debojyoti Mazumder

Sattwik Santra

Abstract Full text Presentation


Year 2017

Name Author      
Asymmetric Reactions of the U.S. Natural Gas Market and Economic Activity

Bao H. Nguyeny

Tatsuyoshi Okimoto

Abstract Full text Presentation
Investment Subsidies and Redistributive Capital Income Taxation in a Neoclassical Growth Model Gunther Rehme Abstract Full text Presentation
THe transition from Exchnage Rate Targeting: The Case of Sri Lanka

Harsha Paranavithana

Rod Tyers

Leandro Magnusson


Abstract Full text Presentation
Optimal Credit Allocations Janaka D. Maheepala Abstract Full text Presentation
Do International Crude Oil Price and Public Investment Affect Private Investment? An Empirical Analysis for a Large Emerging Economy

Manoranjan Sahoo

Mantu Kumar Mahalik

Hrushikesh Mallick

Abstract Full text Presentation
Macroeconomic Policy: Evidences from Growth Laffer Curve for Sri lanka S. P. Jayasooriya Abstract Full text Presentation
Competition and credit procyclicality in European banking

Aurélien Leroy

Yannick Lucotte

Abstract Full text Presentation
Terms of Trade and the Sri Lankan Economy: A Sign-Restricted Var Approach Yashodha Warunie Senadheera Abstract Full text Presentation

Year 2016

Name Author    
Assessing the impact of great recession on india’s trade in gravity model framework Raj Rajesh Abstract Full Text
Central banks’ preferences and banking sector vulnerability G.Levieuge   Y.Lucotte    F.Pradines-Jobet Abstract Full Text
Financial contagion and volatility spillover:  
An exploration into indian commodity derivative market
Rudra P. Roy1&2 & Saikat Sinha Roy3 Abstract Full Text
 Foreign exchange reserves-towards a sustainable allocation CHARITH GAMAGE Abstract Full Text
Impact of macro-fiscal determinants in realizing fiscal space for health: empirical evidence from low income and middle income countries

Deepak Kumar Behera 

Umakant Dash

Abstract Full Text
‘Love of wealth’ and economic growth Gunther Rehme Abstract Full Text
Optimal monetary policy and welfare analysis: a case study for Sri Lanka KITHSIRI EHELEPOLA Abstract Full Text
Understanding Sri Lankan business cycles through an estimated DSGE model Sujeetha Jegajeevan Abstract Full Text

Year 2015

Name Author    
Financial Integration and the Great Leveraging Daniel Carvalho Abstract Full Text
Monetary Policy and Inflation-Unemployment Variability in a New Keynesian Model

Chandranath Amarasekara and

George J. Bratsiotis

Abstract Full Text
Systemic risk-taking at banks: Evidence from the pricing of syndicated loans Di Gong and Wolf Wagner Abstract Full Text

An Estimated Open Economy New Keynesian DSGE Model for Sri Lanka

with Monetary and Fiscal Rules

Kithsiri Ehelepola Abstract Full Text

Central bank credibility and the expectations channel:

Evidence based on a new credibility index

Gregory Levieuge, Yannick Lucotte and

Sebastien Ringuede

Abstract Full Text
What form of financial development works best for poor in rural India? Atul Mehta and Joysankar Bhattacharya Abstract Full Text

Commodity and Oil Price Fluctuations, Macroeconomic Performance and Challenges

for an Emerging Economy: The Indian Experience

D. Tripati Rao and Saurabh Goyal   Full Text

On the Applicability of Advanced Forecasting Techniques to Developing Economies-

A Case of Sri Lanka

Sujeetha Jegajeevan   Full Text

Year 2014

 Name  Author    
Asymmetric Behaviour of Inflation around the Target in Inflation-Targeting Countries Kurmas Akdogan Abstract Full Text
Optimal Monetary and Fiscal Policy Analysis for Sri Lanka Kithsiri Ehelepola Abstract Full Text
Bayesian New Keynesian Small Open Economy

Neil Dias Karunaratne  and

Lasitha R. C. Pathberiya

Abstract Full Text
Financial Intermediation in a Global Environment Victoria Nuguer Abstract Full Text

Tinker, Taper, QE, Bye? The Effect of Quantitative Easing on Financial Flows

to Developing Countries

Jamus Jerome Lim, Sanket Mohapatra and

Marc Stocker

Abstract Full Text
Flattening Yield Curve Amidst Rapid Inflows Shakira Teh Sharifuddin1 and Loke Po Ling Abstract Full Text
U.S. Investment in Global Bonds

John D. Burger, Rajeswari Sengupta,

Francis E. Warnock and Veronica Cacdac Warnock

Abstract Full Text
An Empirical Analysis of Excess Interbank Liquidity

Muhammad Omer, Jakob de Haan and

Bert Scholtens

Abstract Full Text

Year 2013

Name Author    
Explaining How Real Exchange Rates Move in Growing Economies Using Labour Surplus Kue Peng Chuah Abstract Full Text
Monetary Transmission in the Emerging Country Context: The case of Sri Lanka Anil Perera and J.Wickramanayake Abstract Full Text
Monetary Policy Rules in Practice: Evidence for Sri Lanka Roshan Perera and Vishuddhi
Abstract Full Text
Quarterly Bayesian DSGE model of Pakistan Economy with Informality Waqas Ahmed, Jahanzeb Malik and
Muhammed Rehman
Abstract Full Text

Year 2012

 Name  Author    
Fiscal Risk Management for Private Infrastructure Projects in Sri Lanka Md. Abu Rashed, Fahim Faisal and
Husne Ara Shikha
Abstract Full Text

Off-balance sheet banking and its implications for monetary transmission:

Evidence from south Asia with a special focus on Sri Lanka

Anil Perera, Deborah Ralston and
Jayasinghe Wickramanayake
Abstract Full Text
The link between financial development and sectoral output growth: Evidence from Sri Lanka Prof. Frank Westermann Abstract Full Text
Changing Theory and Practice of Monetary Policy in India Prof. M. V. S. Gowada and Prof. M. Devraj Abstract Full Text
Role of Financial Intermediation in Capital Formation
and Economic Growth
Dr. Md. Habibur Rahman Abstract Full Text

Balance Sheet Channel of Monetary Policy and Economic Growth under Fiscal Dominance:

Evidence from Pakistan

Safia Shabbir Abstract Full Text

Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh:

A Cointegration and Vector Error Correction approach

Dr. Sayera Younus Abstract Full Text
Foreign aid, external debt and governance

Mr. Unbreen Qayyum, Mr. Musleh Din,

Mr. Adnan Haider

Abstract Full Text

Year 2011

Name Author    
Twin Crises International Research Conference Hassan Abbas and Farooq Pasha Abstract Full Text
Bank-Lending Channel in Sri Lanka: An empirical Investigation W. A. Dilrukshini Abstract Full Text
Central Bank Financial Strength and its Impact on Economic Outcomes R. A. Anil Perera Abstract Full Text
Asset Pricing Model-Evidence from Indian Market D. Majumdar Abstract Full Text
Assessing Government Debt Sustainability in Sri Lanka

D. G. D. I. Ekanayake

Abstract Full Text

Year 2010

 Name  Author    
An Empirical Investigation of the Impact of Capital Inflows on Domestic Investment in India Rajiv Ranjan and Sunil Kumar  Abstract Full Text
Monetary Policy in Turbulent Times: Impact of Unconventional Monetary Policies R. A. Anil Perera  Abstract Full Text

Monetary Policy & Yield Curve Bahaviour:

Sri Lankan case under Heterogeneous Economic Environment

Mohamed Z. M. Aazim and

N. S. Cooray

 Abstract Full Text

Investigating Inflation Persistence in Sri Lanka:

Has the Inflation Process Changed?

P. K. G. Harischandra  Abstract Full Text

Year 2009

Name Author    
Global Events and Economic Growth in India Rajib Das & Indrani Manna Abstract Full Text
Central Bank Objectives and Aggregate Disturbances Chandranath Amarasekara Abstract Full Text
Dutch Disease Investigated: Empirical Evidence from selected South - East Asian Economies Shahid Hussain Javaid Abstract Full Text
Core Inflation in Sri Lanka: Is it a Useful Guiding Indicator in Conducting Monetary Policy R. A. Anil Perera Abstract Full Text

Year 2008

 Name  Author    
Sovereign Wealth Funds for India: Delineating Issues and Options from International Experience

Narayan Chandra Pradhan and

Ramesh Golait

Abstract Full Text
Reserve Management, Sovereign Wealth Funds and Prospects of SAARC Region R. A. A. Jayalath Abstract Full Text
Is Sri Lanka Ready for Inflation Targeting? R. A. Anil Perera Abstract Full Text
Have the Sacrifice Ratios Changed under Inflation Targeting? - An Empirical Investigation Chandranath Amarasekara Abstract Full Text