I am currently an Assistant Professor at the Economics
Department of Amherst College. My
research is mainly on determinants of asset prices in dynamic economies,
political monetary cycles and central bank independence, and determinants of
business cycle fluctuations. Please click here for a copy of my CV. Below are my contact information, and links to my research papers. For teaching material,
please login to the Blackboard site of Amherst College.
Address: Department
of Economics, Amherst College, P.O. Box 5000, Amherst,
Phone: (413) 542-2271
Fax: (413) 542-2090
E-mail: salpanda@amherst.edu
Website: www.amherst.edu/~salpanda
Identifying
the Role of Risk Shocks in the Business Cycle Using Stock Price Data
Economic Inquiry, forthcoming. (supplemental
appendix)
Taxation, Collateral Use of Land and
Japanese Asset Prices
Empirical Economics, forthcoming.
Forecasting Performance of an Estimated DSGE Model
for the South African Economy
(joint with Kevin Kotze and Geoffrey Woglom) South African Journal of Economics, 2011, vol. 79(1), pp. 50-67.
Oil Crisis,
Energy-Saving Technological Change and the Stock Market Crash of 1973-74
(joint
with Adrian Peralta-Alva) Review of
Economic Dynamics, 2010, vol. 13(4), pp. 824-842.
Political
Monetary Cycles and a de facto
Ranking of Central Bank Independence
(joint
with Adam Honig) Journal of International Money and Finance,
2010, vol. 29(6), pp. 1003-1023.
The Role of
the Exchange Rate in a New Keynesian DSGE Model for the South African Economy
(joint
with Kevin Kotze and Geoffrey Woglom) South
African Journal of Economics, 2010, vol. 78(2), pp. 170-191.
(joint with Adam Honig) Journal of Money, Credit and Banking, 2009, vol. 41(7), pp.
1365-89.
Working
Papers:
The
Impact of Central Bank Independence on the Performance of Inflation Targeting
Regimes
(joint with Adam Honig) under review.
Bank Globalization and the
Balance Sheet Channel of Monetary Transmission
(joint with Uluc Aysun) University of Connecticut Department of
Economics, Working Paper 2010-20, under review.
(joint with Kevin Kotze and Geoffrey Woglom) Economic Research Southern Africa,
Working Paper 174.
The Case against Power Utility and
Resurrecting Exponential Utility
(joint with Geoffrey Woglom).