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Johri Alok, Professor | Chair of Graduate Studies, Department of Economics

photo of Alok Johri

Alok Johri

Professor | Chair of Graduate Studies, Department of Economics

Faculty
Department of Economics

Area(s) of Interest:

Biography

Research Interests: Macroeconomics, Monetary Economics, Sovereign Defaults, Policy Reform, Closed and open economy business cycles.

Email: econgrdchair@mcmaster.ca for Graduate Program matters

 

Education

Ph.D. Boston University 1996

Teaching

ECON 741- not offered this year

ECON 798/799

ECON 742

Research

Recent Research Papers

Keqiang Hou and A. Johri (2018) "Intangible Capital, the Labor Wedge and the Volatility of Corporate Profits," Review of Economic Dynamics, vol. 29, pages 216-234, July.

Gunn, C.M. and A. Johri (2018) Financial News, Banks and Business Cycles.Macroeconomic Dynamics, Volume 22, Issue 2. 26 pages.

Gunn, C.M. and A. Johri (2013) An expectations-driven interpretation of the "Great Recession." Journal of Monetary Economics, Elsevier, vol. 60(4), pages 391-407.

Johri, A., M-A Letendre and D. Luo  (2011) "Organizational Capital and the International Co-movement of Investment," Journal of Macroeconomics. Volume 33:4, 511-523.

Gunn, C.M. and A. Johri (2011) "News and Knowledge Capital," Review of Economic Dynamics.14 (1),  92-101.

Johri, A. (2009) "Delivering Endogenous Inertia in Prices and Output." Review of Economic Dynamics 12(4), 736-754.

Clarke, A.J. and A. Johri (2009) "Procyclical Solow Residuals without Technology Shocks," Macroeconomic Dynamics 13(3).

Johri, A. and A. Lahiri (2008) "Persistent Real Exchange Rates," Journal of International Economics. 76(2), 223-236.

Working Papers

  1. Alok Johri, Shahed K. Khan and Cesar Sosa-Padilla, 2018. "Interest Rate Uncertainty and Sovereign Default Risk," https://www.dropbox.com/s/rpi8p5ka23sh4ig/jks_paper_submission.pdf?raw=1, Revise and resubmit at Journal of International Economics
  2. Ionut Cotoc, Alok Johri and Cesar Sosa-Padilla, 2018. "Debt, Defaults and Dogma: politics and the dynamics of sovereign debt markets". https://www.dropbox.com/s/z36djlvib5my651/politics_spreads_submission.pdf?dl=0
  3. Alok Johri & Md Mahbubur Rahman, 2017. "The Rise and Fall of India's Relative Investment Price: A Tale of Policy Error and Reform," Department of Economics Working Papers 2017-12, McMaster University. Conditionally accepted at American Economic Journal - Macro.
  4. Alok Johri & Terry Yip, 2017. "Financial Shocks,Supply-chain Relationships and the Great Trade Collapse," Department of Economics Working Papers 2017-11, McMaster University.
  5. Alok Johri & Muhebullah Karimzada, 2016. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Department of Economics Working Papers 2016-11, McMaster University.
  6. Christopher M. Gunn & Alok Johri, 2011. "News, Intermediation Efficiency and Expectations-driven Boom-bust Cycles,"Department of Economics Working Papers 2011-02, McMaster University.
  7. Alok Johri & Bidyut Kumar Talukdar, 2011. "Organizational Capital and Optimal Ramsey Taxation," Department of Economics Working Papers 2011-09, McMaster University.