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Author: Dr. Naveen Srinivasan

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Dr. Naveen Srinivasan

Dr. Naveen Srinivasan

Professor

Tel : (91) 044 - 22300304

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Naveen Srinivasan is currently a Professor of Economics at the Madras School of Economics, Chennai. Before joining the Madras School of Economics he was a Professor at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. He holds a Master's degree in Economics from the University of Liverpool and a PhD from Cardiff University, United Kingdom.Prior to joining IGIDR in 2005 he worked as a Research Associate at the Liverpool Research Group in Macroeconomics and at the Julian Hodge Institute for Applied Macroeconomics for six years in the UK. In this capacity he was responsible for producing macroeconomic forecasts and write policy commentary (in the group's Investment Letter and the Quarterly Economic Bulletin) on the state of the UK and other major OECD economies.His research interests are in macroeconomic modelling, econometric policy evaluation, forecasting, supply-side distortions, structural unemployment issues and international finance. He has published widely in both international and domestic peer-reviewed journals. He also served on the editorial board of the South Asian Journal of Macroeconomics and Public Finance and the Journal of South Asian Development.
ARTICLES IN PEER-REVIEWED JOURNALS
  • Interwar Unemployment in the UK and the US: Old and New Evidence (with Pratik Mitra), South Asian Journal of Macroeconomics and Public Finance, Volume 5, Issue 1, June 2016, pp. 96-112.
  • Can the learnability criterion ensure determinacy in New Keynesian Models? (with Patrick Minford), South Asian Journal of Macroeconomics and Public Finance, Volume 4, Issue 1, June 2015, pp. 43-61.
  • The European unemployment problem: its cause and cure (with Pratik Mitra), Empirical Economics, Volume 47, Issue 1, August 2014, pp. 57-73.
  • Inflation Persistence: Does Credibility of the Monetary Regime Matter? (with Pankaj Kumar), Economics Bulletin, Volume 32, Issue 4, October 2012, pp. 2944-54.
  • Hysteresis in Unemployment: Fact or Fiction? (with Pratik Mitra), Economics Letters, Volume 115, Issue 3, June 2012, pp. 419-422.
  • Zone-quadratic Preference, Asymmetry and International Reserve Accretion in India: An Empirical Investigation (with Sudhanshu Kumar), Journal of International Financial Markets, Institutions & Money, Volume 22, Issue 2, April 2012, pp. 253-263.
  • A Time-Varying Parameter Model of Inflation in India (with Sudhanshu Kumar and M. Ramachandran), Indian Growth and Development Review, Volume 5, Issue 1, April 2012, pp. 25-50.
  • Ruling out unstable equilibria in New Keynesian models (with Patrick Minford), Economics Letters, Volume 112, Issue 3, September 2011, pp. 247-249.
  • Determinacy in New Keynesian models: a role for money after all? (with Patrick Minford), International Finance, Volume 14, Issue 2, Summer 2011, pp. 211-229.
  • Monetary Policy in a low Inflation Environment: Is there evidence for Opportunistic Behaviour? (with Sudhanshu Kumar and M. Ramachandran), Journal of Quantitative Economics, New Series Volume 8, Issue 2, July 2010, pp. 4-19.
  • Preference asymmetry and international reserve accretion in India (with Vidya Mahambare and M. Ramachandran), Applied Economics Letters, Volume 16, Issue 15, October 2009, pp. 1543-46.
  • Can the facts of UK inflation persistence be explained by nominal rigidity? (with David Meenagh, Patrick Minford, Eric Nowell and Prakriti Sofat), Economic Modelling, Volume 26, Issue 5, September 2009, pp. 978-92.
  • Is the Hybrid New Keynesian Phillips curve immune to the Lucas Critique?, Journal of Quantitative Economics, New Series Volume 7, Issue 2, July 2009, pp. 96-105.
  • Monetary Policy and the Behaviour of Inflation in India: Is there a need for Institutional Reform? (with Sumit Jain and M. Ramachandran), Journal of Asian Economics, Volume 20, Issue 1, January 2009, pp. 13-24.
  • Dynamics of inflation in India: Does the new inflation bias hypothesis provide an explanation? (with Vidya Mahambare and M. Ramachandran), Macroeconomics and Finance in Emerging Market Economies, Volume 1, Issue 2, September 2008, pp.199-212.
  • Are Central Bank preferences asymmetric? A Comment (with Patrick Minford), Economic Notes, Banca Monte dei Paschi di Siena SpA, Volume 37, Issue 1, February 2008, pp. 119-126.
  • From the Great Inflation to the Great Moderation: A Literature Survey, Journal of Quantitative Economics, New Series Volume 6, Issues 1&2, January & July 2008, pp. 40-56.
  • Asymmetric exchange rate intervention and international reserve accumulation in India (with M. Ramachandran), Economics Letters, Volume 94, Issue 2, February 2007, pp. 259-65.
  • Inflation Persistence: An expository note, Journal of Quantitative Economics, New Series Volume 5, Issue 1, January 2007, pp. 32-37.
  • Opportunistic Monetary Policy: An Alternative Rationalization (with Patrick Minford), Journal of Economics and Business, Volume 58, Issue 5-6, October-November 2006, pp. 366-372.
  • UK Monetary Policy under Inflation Forecast Targeting: Is Behaviour Consistent with Symmetric Preferences? (with Vidya Mahambare and M. Ramachandran), Oxford Economic Papers, Volume 58, Issue 4, October 2006, pp. 706-21.
  • Modelling Inflation in India: A Critique of the Structuralist Approach (with VidyaMahambare and M. Ramachandran), Journal of Quantitative Economics, New Series, Volume 4, Issue 2, July 2006, pp. 45-58.
  • Understanding the Opportunistic Approach to Disinflation (with Patrick Minford), Journal of Quantitative Economics, New Series Volume 4, Issue 1, January 2006, pp. 49-64.
  • Monetary Policy Framework of the Bank of England and the European Central Bank: Some Useful Insights (with Vidya Mahambare), Indian Economic Review, Volume 39,Issue 2, July 2004, pp. 371-381.
  • How different are money supply rules from Taylor rules? (with Patrick Minford and  Francesco Perugini), Indian Economic Review, Volume 38, Issue 2, July 2003, pp.157-66.
  • Are interest rate regressions evidence for a Taylor Rule? (with Patrick Minford and Francesco Perugini), Economics Letters, Volume 76, Issue 1, June 2002, pp. 145-150.
 INVITED CONTRIBUTIONS
  1. Unravelling India’s Inflation Puzzle (with Pankaj Kumar), Chapter 4 in IndiaDevelopment Report 2014-15, (ed. Mahendra Dev S), Oxford University Press, India, 2015, pp. 50-62.
  2. Fiscal Deficits, Credibility and Inflation Persistence: Lessons from Thatcher and Volcker Disinflations (with Pankaj Kumar and Pratik Mitra), Chapter 4 in India DevelopmentReport 2012-13, (ed. Mahendra Dev S), Oxford University Press, India, 2013, pp. 47-58.
  3. The Observational Equivalence of Taylor Rule and Taylor-Type Rules (with Patrick Minford and Francesco Perugini), in Trends in Macroeconomics Research, (ed. Pelzer, Lawrence Z), Nova Science Publisher Inc, August 2005, pp. 1-14.
 EXPOSITORY ARTICLES
  1. Why did Japan Stumble? A Review (with Francesco Perugini), Quarterly Economic Bulletin, vol. 25, no. 1, April 2004, pp. 21-27.
  2. Enlargement of the EU and challenges ahead for the ECB (with Francesco Perugini), Quarterly Economic Bulletin, vol. 24, no. 4, December 2003, pp. 30-33.
  3. Credibility and Monetary Policy (with Francesco Perugini), Quarterly Economic Bulletin, vol. 24, no. 2, June 2003, pp. 21-24.
  4. The Fears of Deflation: Why and Is it Real? (with Francesco Perugini), Quarterly Economic Bulletin, vol. 24, no. 1, April 2003, pp. 18-22.
  5. Is the ECB’s ‘Two–Pillar’ Monetary Policy Strategy Credible? (with Francesco Perugini),Quarterly Economic Bulletin, vol. 23, no. 4, December 2002, pp. 17-20.
  6. Population Ageing, Invisible Debt, and Needed Pension Reforms: A Case of Japan (with Francesco Perugini), Quarterly Economic Bulletin, vol. 22, no. 2, June 2001, pp. 19-26.
  7. The State of Labour Market in Europe (with David Meenagh), Quarterly Economic Bulletin, vol. 9, no. 1, March 1999, pp. 28-35.
Advanced Differential Equations Principles of Macroeconomics Intermediate Macroeconomics Advanced Macroeconomics
WORKING PAPERS 
  1. Sri Rajitha Tattikota & Naveen Srinivasan, 2021. "Integration of Econometric Models and Machine Learning- Study on US Inflation and Unemployment," Working Papers 2021-207, Madras School of Economics, Chennai, India.
 
  1. Pranjal Rawat & Naveen Srinivasan, 2020. "Inflation Targeting in the United Kingdom: Is there evidence for Asymmetric Preferences?," Working Papers 2020-196, Madras School of Economics, Chennai, India.
  
  1. Naveen Srinivasan & Parush Arora, 2020. "If Monetary Aggregates, then Divisia," Working Papers 2020-192, Madras School of Economics, Chennai, India.
 
  1. Abhiruchi Rathi & Naveen Srinivasan, 2020. "The Unnatural Rate of Unemployment: Reflections on the Barro-Gordon and Natural Rate Paradigms," Working Papers 2020-191, Madras School of Economics, Chennai, India.
 
  1. Jyotsana Kala & Naveen Srinivasan, 2020. "Institutional Design and Credibility," Working Papers 2020-193, Madras School of Economics, Chennai, India.
 
  1. Parijat Maitra & Naveen Srinivasan, 2020. "Inventory Cycles and Business Cycles – Has the relationship lost its importance over the years: A Time-Varying Parameter Approach using U.S. Data," Working Papers 2020-198, Madras School of Economics, Chennai, India.
 
  1. Venkata Raamasrinivas & Naveen Srinivasan, 2020. "A Constant Gain Learning Framework to understand the behaviour of US Inflation and Unemployment in the 2nd half of 20th century," Working Papers 2020-194, Madras School of Economics, Chennai, India.
  
  1. Swati Singh & Naveen Srinivasan, 2020. "The Oil Story: Is it Still the Same?," Working Papers 2020-197, Madras School of Economics, Chennai, India.
 
  1. Naveen Srinivasan & Pratik Mitra, 2016. "Interwar Unemployment in the UK and US: Old and New Evidence," Working Papers 2016-149, Madras School of Economics, Chennai, India.
 
  1. Pankaj Kumar, 2015. "Can Univariate Time Series Models of Inflation Help Discriminate Between Alternative Sources of Inflation PersistenceAuthor-Name: Naveen Srinivasan," Working Papers 2015-104, Madras School of Economics, Chennai, India.
 
  1. Naveen Srinivasan & Vidya Mahambare & Francesco Perugini, 2015. "Monetary Policy Credibility: Is there a Magic Bullet?," Working Papers 2015-108, Madras School of Economics, Chennai, India.
 
  1. Naveen Srinivasan & Vidya Mahambare & M. Ramachandran, 2015. "Capital Controls, Exchange Market Intervention and International Reserve Accumulation in India," Working Papers 2015-103, Madras School of Economics, Chennai, India.
  
  1. Pankaj Kumar & Naveen Srinivasan, 2014. "Unravelling India’s Inflation Puzzle," Working Papers 2014-085, Madras School of Economics, Chennai, India.
 
  1. Naveen Srinivasan, 2014. "Testing the Expectations Trap Hypothesis: A Time-Varying Parameter Approach," Working Papers 2014-089, Madras School of Economics, Chennai, India.
  
  1. Minford, Patrick & Srinivasan, Naveen, 2012. "Can the learnability criterion ensure determinacy in New Keynesian Models?," Cardiff Economics Working Papers E2012/16, Cardiff University, Cardiff Business School, Economics Section.
 
  1. Minford, Patrick & Srinivasan, Naveen, 2009. "Determinacy in New Keynesian models: a role for money after all?," Cardiff Economics Working Papers E2009/21, Cardiff University, Cardiff Business School, Economics Section, revised Apr 2011.
  
  1. Meenagh, David & Minford, Patrick & Nowell, Eric & Sofat, Prakriti & Srinivasan, Naveen, 2008. "Can the Facts of UK Inflation Persistence be Explained by Nominal Rigidity?," Cardiff Economics Working Papers E2008/7, Cardiff University, Cardiff Business School, Economics Section, revised Apr 2010.
 
  1. Meenagh, David & Minford, Patrick & Nowell, Eric & Sofat, Prakriti & Srinivasan, Naveen, 2008. "Can the Facts of UK Inflation Persistence be Explained by Nominal Rigidity?," Cardiff Economics Working Papers E2008/7, Cardiff University, Cardiff Business School, Economics Section, revised Apr 2010.
 
  1. David Meenagh & Patrick Minford & Eric Nowell & Prakriti Sofat & Naveen Srinivasan, 2007. "Are the facts of UK inflation persistence to be explained by nominal rigidity or changes in monetary regime?," WEF Working Papers 0028, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
 
  1. Minford, Patrick & Nowell, Eric & Srinivasan, Naveen & Sofat, Prakriti, 2006. "UK Inflation Persistence: Policy or Nature?," CEPR Discussion Papers 5608, C.E.P.R. Discussion Papers.
  
  1. Minford, Patrick & Srinivasan, Naveen, 2005. "Opportunistic Monetary Policy: an Alternative Rationalization," Cardiff Economics Working Papers E2005/9, Cardiff University, Cardiff Business School, Economics Section
 
  1. Minford, Patrick & Srinivasan, Naveen, 2003. "Understanding the Opportunistic Approach to Disinflation," CEPR Discussion Papers 3938, C.E.P.R. Discussion Papers.
  
  1. Minford, Patrick & Srinivasan, Naveen & Perugini, Francesco, 2001. "The Observational Equivalence of Taylor Rule and Taylor-Type Rules," CEPR Discussion Papers 2959, C.E.P.R. Discussion Papers.