Tarron Khemraj

Tarron Khemraj

Associate Professor of Economics
William G. & Marie Selby Chair


Ph.D., New School for Social Research
M.A., University of Manchester
B.Soc.Sc., University of Guyana

Professor Khemraj is an applied macro-economist whose research focuses on problems in monetary economics, financial economics and open economy macroeconomics. He also studies the political economy of development and underdevelopment. His primary teaching interests are economic development, econometrics, international economics and contemporary political economy.

He serves as a Research Associate at the Caribbean Centre for Money and Finance, University of the West Indies, Trinidad and Tobago. He wrote numerous invited columns for the Stabroek News in Guyana. He also serves as an external master’s thesis examiner for University of West Indies, Cave Hill Campus, Barbados and an external doctoral thesis examiner for University of Witwatersrand, Johannesburg, South Africa.

Recent Courses
International Economics
Econometrics
Development Economics

Selected Publications
Tarron Khemraj, Sukrishnalall Pasha, (2012) "Dual nominal anchors in the Caribbean", Journal of Economic Studies, Vol. 39 Iss: 4, pp.420 - 439.

"Analysis of an unannounced foreign exchange regime change." Economic Systems, Vol. 36, No. 1 (with Sukrishnalall Pasha), 2012.

Dynamic interaction of bank assets in two foreign currency constrained economies.’ Journal of Business, Finance and Economics in Emerging Economies, Vol. 6, No. 1, 2011. (with R. Brian Langrin).

The simple analytics of oligopoly banking in developing economies.” Journal of Business, Finance and Economics in Emerging Economies, Vol. 5, No. 1, 2010.

'What does excess bank liquidity say about the loan market in Less Developed Countries?' Oxford Economic Papers, Vol. 62, No. 1, 2010.

'Excess liquidity and the foreign currency constraint: the case of monetary management in Guyana.'  Applied Economics, Vol. 41, No. 16, 2009.

'The missing link: the finance-growth nexus and the Guyanese growth stagnation.' Social and Economic Studies, Vol. 57, Nos. 3&4, 2008.

 “Monetary policy and excess liquidity: the case of Guyana.” .  Social and Economic Studies, Vol. 56, No. 3, 2007.

'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).      

Working Papers and Current Research
‘Excess reserves and monetary policy with a lower-bound lending rate.’ (with Christian R. ProaƱo)

‘Can quantitative easing cause inflation?’

‘Elected oligarchy and economic underdevelopment: the case of Guyana.’ (with Diana Hinova)

‘DSGE models in the tropics.’

‘The subprime crisis and new financial reforms: can they stabilize the capitalist economy?’

 'Foreign exchange market bid-ask spread and market power in an underdeveloped economy.' (with Sukrishnalall Pasha)

Contact Information

New College of Florida
Division of Social Sciences
5800 Bay Shore Road
Sarasota, FL 34243-2197

tkhemraj@ncf.edu
(941) 487-4422

Office of the Provost
New College of Florida
5800 Bay Shore Road
Sarasota, Florida  34243

Phone: (941) 487-4200
Fax: (941) 487-4201
provost@ncf.edu