Tarron Khemraj, Ph.D. University of South Florida St. Petersburg Kate Tiedemann College of Business Adjunct - Economics

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1 Tarron Khemraj, Ph.D. University of South Florida St. Petersburg Kate Tiedemann College of Business Adjunct - Economics Education 2007 Ph.D. Economics, New School for Social Research (The New School), New York 2000 M.A. Development Economics, University of Manchester, United Kingdom 1996 B.Soc.Sc. Economics (pass with distinction), University of Guyana, Guyana Present Work Experiences 2012 Aug present: Associate Professor of Economics, New College of Florida, Florida : Assistant Professor of Economics, New College of Florida, Sarasota, Florida Courses Taught: Econometrics, Development Economics, International Economics, Understanding Capitalism, Introduction to Macroeconomics, Intermediate Microeconomics 2009 present: Research Associate, Caribbean Centre for Money and Finance, University of the West Indies, St. Augustine, Trinidad and Tobago 2009 present: Guest Columnist on Economic, Financial and Development Issues, Stabroek News, Guyana Services to Academic Community 2008 present: External Master s Thesis Examiner, University of the West Indies, Cave Hill, Barbados 2010 present: External Doctorate Thesis Examiner, School of Economic and Business Sciences, University of Witwatersrand, Johannesburg, South Africa Referee Services: Applied Economics (1), Brazilian Journal of Political Economy (1), Central Bank of Barbados Economic Review (2), Economic Modelling (2), Economic Systems (1), Emerging Markets Review (2), International Review of Applied Economics (3), Journal of Business, Finance and Economics in Emerging Economies (5), Journal of Developing Areas (3), Journal of Economic Studies (1), New School Economic Review (1), Review of Keynesian Economics (1), Social and Economic Studies (5), Transition (2) 2008 Served as a reviewer for Wiley publisher Peer-Reviewed Publications Book: (2014) Money, Banking and the Foreign Exchange Market in Developing Economies, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Articles: 2014 The determinants of bid-ask spread in the Guyanese FX market. Journal of Developing Areas, Vol Bank liquidity preference and the investment demand constraint. Economic Modelling, Vol Dual nominal anchors in the Caribbean. Journal of Economic Studies, Vol. 39, Issue 4 (with Sukrishnalall Pasha)

2 2012 Analysis of an unannounced foreign exchange regime change. Economic Systems, Vol. 36, Issue 1 (with Sukrishnalall Pasha) 2011 Dynamic interactions of bank assets in two foreign currency constrained economies. Journal of Business, Finance and Economics in Emerging Economies, Vol. 6, No. 1 (with R. Brian Langrin) 2010 What does excess bank liquidity say about the loan market in Less Developed Countries? Oxford Economic Papers, Vol. 62, No The simple analytics of oligopoly banking in developing economies. Journal of Business, Finance and Economics in Emerging Economies, Vol. 5, No Excess liquidity and the foreign currency constraint: the case of monetary management in Guyana. Applied Economics, Vol. 41, No The missing link: the finance growth nexus and the Guyanese growth stagnation. Social and Economic Studies, Vol. 57, Nos. 3& Monetary policy and excess liquidity: the case of Guyana. Social and Economic Studies, Vol. 56, No Determinants of private investments: the case of Guyana. Transition, No. 21 Research Work in Progress and Under Review From Party Paramountcy to Elected Oligarchy: a Case Study in Underdevelopment, Book manuscript. Stabilizing the unstable small open developing economy The monetary transmission mechanism and financial stability in developing economies Chartalism and Caribbean Monetary Union (co-author Samuel Braithwaite) Other Work Experiences 01/ /2007: Substitute Assistant Professor, Queens College CUNY, New York Course taught: International Business 6/ /2007: Adjunct Assistant Professor, Long Island University, New York Courses taught: Business Statistics to MBA students; International Business; International Financial Management 01/ /2007: Adjunct Instructor (Adjunct Assistant Professor from Jan 2007), St. John s University, New York (taught at undergraduate and MBA levels) Courses Taught: Intro to Macroeconomics; Intro to Microeconomics; MBA Economics 9/ /2006: Adjunct Assistant Professor, St Francis College, New York

3 01/ /2001: Lecturer 1, University of Guyana, Guyana 8/ /2000: Economist, Bank of Guyana, Guyana Duties: (i) recorded balance of payments statistics; (ii) forecasted monetary statistics for monetary policy committee; (iii) did macroeconomic forecasts using Eviews; (iv) worked with IMF mission economists to make macroeconomic forecasts; (v) wrote quarterly and annual reports for publication; and (vi) supervised several clerks Selected List of Other Publications 2013 Inflation, money and conflict, Stabroek News, Development Watch Column, December Politics and Guyana s underdevelopment, Stabroek News, Development Watch Column, January Credibility and signaling in public life, Stabroek News, Development Watch Column, January Outsourcing, insourcing and corruption, Stabroek News, Development Watch Column, December Analysis of Budget 2012: a long-term view, Stabroek News, Development Watch Column, April Excess bank reserves and monetary policy with a lower-bound lending rate, Working Paper 04/2011, Department of Economics, New School for Social Research (with Christian Proaño) 2011 The destruction of the nation s productivity, Stabroek News, Development Watch Column, June Show-of-hands, secret ballots and the making of an elected oligarchy, Stabroek News, Development Watch Column, February An analysis of the Guyana foreign exchange market, Stabroek News, Development Watch Column, April Financing economic development: the state development bank option, Part 2, Stabroek News, Development Watch Column, January Financing economic development: the state development bank option, Part 1, Stabroek News, Development Watch Column, December The viability of the sugar industry, Stabroek News, Development Watch Column, December The Low Carbon Development Strategy LCDS, Stabroek News, Development Watch Column, September Sound macroeconomic fundamentals versus structural production transformation, Stabroek News, Development Watch Column, July 15

4 2009 The nature of economic policy in Guyana, Stabroek News, Feature column: Development Watch Column, July Are remittances pivotal to Guyana s economic development? Stabroek News, Feature column: Development Watch Column, July Excess liquidity, oligopolistic loan markets and monetary policy in LDCs. Working Paper 64, Department of Economic and Social Affairs, United Nations 2008 Indirect monetary policy and the pursuit of development, G24 Policy Brief No. 10, Intergovernmental Panel Group of Okun s law and jobless growth, Policy Note No. 3, Schwartz Centre for Economic Policy Analysis, The New School for Social Research, March 2006 (with Willi Semmler and Jeff Madrick) 2006 Analysis of savings behavior in Guyana, (with Anand Persaud) in A. Birchwood and D. Seerattan (editors). Finance and Real Development in the Caribbean, Caribbean Centre for Monetary Studies, University of the West Indies (2006). (peer-reviewed article) Selected List of Presentations 2012 Bank liquidity preference and the investment demand constraint. 44th Annual Monetary Studies Conference, Central Bank of Suriname, Suriname 2012 Statistics and the real world. Presentation to the Economics and Business Club, Lehman College, CUNY, New York, October 2011 Excess bank reserves and monetary policy with a lower-bound lending rate. 15th Conference of Research Network Macroeconomics and Macroeconomic Policy (FMM), Germany, November 2011 Excess bank reserves and monetary policy with a lower-bound lending rate. Economics Department Seminar, University of South Florida, Tampa, September 2010 Threshold lending rate, excess reserves and stabilization during the financial crisis. Economics Department Seminar, New School for Social Research, New York, November 2010 Threshold lending rate, excess reserves and stabilization during the financial crisis. 42nd Annual Monetary Studies Conference, Central Bank of Trinidad and Tobago, Trinidad and Tobago 2009 An application of the oligopoly banking model to less developed countries. 79th Annual Conference of the Southern Economic Association, San Antonio, Texas 2009 Dynamic interactions of bank assets in two foreign currency constrained economies. (with Brian Langrin); 41st Annual Monetary Studies Conference, Bank of Guyana, Guyana 2009 Panel discussion on economic modelling in Caribbean-type economies. 41st Annual Monetary Studies Conference, Bank of Guyana, Guyana

5 2008 What does excess bank liquidity say about the loan market in LDCs? Paper presented at the 34th Annual Conference of the Eastern Economic Association, Boston, United States 2008 The W.A. Lewis legacy of industrialization and Caribbean economic policy. Paper presented at the 40th Annual Monetary Studies Conference, St. Kitts 2007 Why do banks demand excess liquidity? Evidence from Guyana. Paper presented at the 39th Annual Monetary Studies Conference, Belize 2007 The missing link: the finance-growth nexus and the Guyanese growth stagnation. Paper presented at the 39th Annual Monetary Studies Conference, Belize Awards 2012 Awarded the William G. and Marie Selby Endowed Chair in Economics, New College of Florida 2009 Faculty development grant, New College of Florida 2008 Faculty development grant, New College of Florida 2007 Edith Henry Johnson Memorial Award in Economics, Civil Affairs, and Education (for outstanding PhD dissertation), The New School New School Dissertation Fellowship, The New School 2007 David Gordon Scholarship, The New School 2007 Re-invited to attend Cambridge Advanced Program for Rethinking Development Economics (CAPORDE), University of Cambridge, United Kingdom (attended as deputy course director) 2006 Cambridge Advanced Program for Rethinking Development Economics (CAPORDE), University of Cambridge, United Kingdom (Invited to attend as a young academic) 2006 Schwartz Center for Economic Policy Analysis Research Assistantship, The New School 2005 New School Summer Research Grant, The New School New School Tuition Scholarship, The New School 1999 British Chevening Scholarship to University of Manchester, United Kingdom Software Skills Eviews, Stata and Mathematica

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