Tarron Khemraj is an applied macro-economist whose research focuses on problems in monetary theory, financial economics and international economics. He has published widely on the phenomenon of excess bank or funding liquidity, development finance, monetary policy issues and foreign exchange markets in developing economies. His research also focuses on the political economy of underdevelopment and development, and financial market and banking issues in the United States. He is presently William G. & Marie Selby Associate Professor of Economics at the New College of Florida – the Honours College of the State University System of Florida. He 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.
Professor Khemraj was a lecturer at the University of Guyana and an economist at the Bank of Guyana. He wrote several invited columns – Development Watch – in the Stabroek News. He did his undergraduate degree in economics at the University of Guyana and M.A. (development economics) and Ph.D. (economics) degrees, respectively, at the University of Manchester (U.K.) and New School for Social Research (New York).
Recent Publications and Presentations
“Dual nominal anchors in the Caribbean.” Journal of Economic Studies, Vol. 39 (4): 420-439 (2012), with Sukrishnalall Pasha
“Analysis of an unannounced foreign exchange regime change.” Economic Systems, Vol. 36: 146-157 (2012), with Sukrishnalall Pasha.
“Dynamic interaction of bank assets in two foreign currency constrained economies.” (with R. Brian Langrin) Journal of Business, Finance and Economics in Emerging Economies, Vol. 6, No. 1, 2011.
'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.
'Excess liquidity and monetary policy in 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).
'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).