Professor Aditya Goenka

Professor Aditya Goenka

The Department of Economics
Chair in Economics

Contact details

Address
Department of Economics
University House
University of Birmingham
Edgbaston
Birmingham
B15 2TT
UK

Aditya is an economic theorist whose research interests cover sunspot equilibrium and endogenous fluctuations, economic epidemiology models, growth theory, general equilibrium theory, environmental economics, financial crises and financial market imperfections.

Qualifications

  • PhD Cornell University (1991)
  • MS Cornell University (1989)
  • BA St. Xavier’s College, University of Bombay (1985)

Biography

After finishing his PhD at Cornell, Aditya has worked at LSE (1990-91), University of Essex (1991-2006), and National University of Singapore (2006-2015). He has been an academic visitor in Carnegie-Mellon, CEPREMAP (Paris), CERMSEM (Paris I), Cornell, INET Institute (Cambridge), ITAM (Mexico), NTU, Rochester, Toulouse, VCREME (Hanoi).

Teaching

Courses taught include macroeconomics (graduate and undergraduate), microeconomics (graduate and undergraduate), mathematical economics (graduate and undergraduate), monetary economics (graduate and undergraduate).

Postgraduate supervision

PhD Supervision at NUS

  • Mariel Monica Sauler (La Salle University, Manila), 2013.
  • Waqas Ahmend (State Bank of Pakistan), 2012.
  • Neil D' Souza (Energy Studies Institute, Singapore), 2011.
  • Tan Wei Lin (Bank Negara Malaysia), 2008.

PhD committees at NUS

Issahaq Umar Iddrisu, Li Yang, Yiew Siew Ling, Zhang Jianlin, Athakrit Thepmongkol, Nona Pepito, Mun Lai Yoke.

PhD Supervision at Essex

  • Melisso Boschi (University of Perugia, now at Italian Senate Office) (Joint).
  • Job Graca (Minister of Finance, Government of Angola) (Joint).
  • Talat Imtiaz (Government of Pakistan).
  • Stephen McKnight (Reading Business School, now at El Colegio Mexico) (Joint).
  • Yoshie Okochi (Private Sector).
  • Odile Poulsen (Arhus School of Business, now tenured at University of East Anglia).
  • Ernesto Sepulveda (Bank of Mexico).
  • Yasuhiro Yamamoto (United Nations) (Joint).

Ph.D. committees at Essex

Aristotelis Koutroulis, Teodora Shamandoura.

 M.Phil. Dissertations at Essex

  • Cyril Monnet (now Professor of Economics, University of Lausanne)
  • Francisco de Lemos Jose Maria (Government of Angola)
  • Ben Biwa (Bank of Namibia).

Supervision of M.Sc. Dissertations at Essex include

Stefano Matta (University of Cagliari) Yiannis Vailakis (University of Glasgow), Paolo Mattana (University of Cagliari).

Research

Working Papers

  • Mental accounting and sunspot equilibria,'' (2018).
  • Existence of competitive equilibrium in the growth model with endogenous leisure'' (Joint with M.H. Hung), (2014)
  • Pollution, mortality and optimal environmental policy,'' (Joint with S. Jafarey and W. Pouilot), Under Review.
  • Testing for external habits in an asset pricing model,'' (Joint with M. Boschi and S. D'Addona), (2015).
  • Infectious diseases, human capital and endogenous growth," (Joint with L. Liu) Revise and Resubmit, (2018).

Work in Progress

  • Winners and losers from monetary taxation with extrinsic uncertainty,” (Joint with G. Cozzi, M. Kang, and K. Shell).
  • Existence of competitive equilibrium with unbounded growth,” (Joint with M.H. Nguyen)
  • The political economy of monetary taxation'' (Joint with G. Cozzi, M. Kang, and K. Shell).
  • Rational over-emission of carbon dioxide,'' (Joint with N. D'Souza and L. Liu).
  • Contagion of infectious diseases and international aid,’’ (Joint with L. Liu and S. Roy)
  • Contagion of financial crises in emerging markets: the role of risk aversion,'' (Joint with M. Boschi and S. D'Addona).
  • Social norms and economic growth,'' (Joint with O. Poulsen.
  • Heath traps,'' (Joint with J. Bhattacharya and H. Bunzel).

·         ``Pollution, mortality and optimal environmental policy,'' (Joint with S. Jafarey and W. Pouilot), Under Review.

·         ``Infectious diseases, human capital and endogenous growth," (Joint with L. Liu) Revise and Resubmit, (2018).

·          

·         ``Mental accounting and sunspot equilibria,'' (2018).

·         ``Existence of competitive equilibrium in the growth model with endogenous leisure'' (Joint with M.H. Hung), (2014)

·         ``Testing for external habits in an asset pricing model,'' (Joint with M. Boschi and S. D'Addona), (2015).

Other activities

  • Advisory committee on moneylending, Ministry of Law, Singapore, 2015.

 Please see CV for more details.

Publications

Recent publications

Article

Goenka, A, Liu, L & Nguyen, M-H 2021, 'Covid-19 and a green recovery?', Economic Modelling, vol. 104, 105639. https://doi.org/10.1016/j.econmod.2021.105639

Goenka, A, Liu, L & Nguyen, M-H 2021, 'SIR economic epidemiological models with disease induced mortality', Journal of Mathematical Economics, vol. 93, 102476. https://doi.org/10.1016/j.jmateco.2021.102476

Goenka, A & Nguyen, M-H 2020, 'General existence of competitive equilibrium in the growth model with an endogenous labor–leisure choice', Journal of Mathematical Economics, vol. 91, pp. 90-98. https://doi.org/10.1016/j.jmateco.2020.08.004

Goenka, A, Jafarey, S & Pouliot, W 2020, 'Pollution, mortality and time consistent abatement taxes', Journal of Mathematical Economics, vol. 88, pp. 1-15. https://doi.org/10.1016/j.jmateco.2020.01.004

Goenka, A & Liu, L 2019, 'Infectious diseases, human capital and economic growth', Economic Theory, vol. 70, pp. 1-47. https://doi.org/10.1007/s00199-019-01214-7

Goenka, A, Liu, L & Nguyen, M-H 2014, 'Infectious diseases and economic growth', Journal of Mathematical Economics, vol. 50, pp. 34-53. https://doi.org/10.1016/j.jmateco.2013.10.004

Chapter (peer-reviewed)

Cozzi, G, Goenka, A, Kang , M & Karl, S 2017, Winners and Losers from Price-Level Volatility: Money Taxation and Information Frictions. in K Nishimura, A Venditti & NC Yannelis (eds), Sunspots and Non-Linear Dynamics: Essays in honor of Jean-Michel Grandmont. 1 edn, vol. 31, Studies in Economic Theory, Springer, pp. 387-402.

Comment/debate

Goenka, A & Liu, L 2022, 'Smart lockdowns to control COVID-19', Nature Computational Science, vol. 2, no. 4, pp. 217-218. https://doi.org/10.1038/s43588-022-00239-8

Commissioned report

Goenka, A, Nguyen, M-H, Nguyen, VC, Nguyen, LA & Nguyen, T 2021, Climate change impacts on health in Vietnam. Agence France de Developpment. https://doi.org/https://www.afd.fr/sites/afd/files/2022-01-02-34-26/AFD%20-%20Climate%20change_GEMMES.pdf

Editorial

Boucekkine, R, Caravajal, A, Chakraborty, S & Goenka, A 2021, 'The economics of epidemics and contagious diseases: an introduction', Journal of Mathematical Economics, vol. 93, 102498. https://doi.org/10.1016/j.jmateco.2021.102498, https://doi.org/10.1016/j.jmateco.2021.102498

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