RAMACHANDRAN M Professor

Profile Picture

  • Department of Economics
  • School of Management
  • ramachandraneco@gmail.com

Academic Activity

Academic Activity Picture1

Academic Activity Picture2

Educational Qualification (UG,PG & Higher Order)

S.No Degree Subject/Title of thesis University/Board Year of Passing
1 Doctor of Philosophy Monetary Aggregation and Monetary Aggregates: Some Issues and Evidence for India University of Hyderabad 1994
2 Master of Philosophy Economics Pondicherry University 1989
3 Master of Arts Economics Madurai Kamaraj University 1987
4 Bachelor of Arts Economics Madurai Kamaraj University 1985

Area of Specializaion

Monetary Economics, Open-economy Macroeconomics, Applied Econometrics

Awards / Prizes Conferred

S.No Name / Title of the Award Type Name of the Agency conferred the Award Year of the Award Amount for Cash Award
1 Best Teacher Award, 2021-22 REGIONAL Pondicherry University 2022 NA
2 President (2020-2023) NATIONAL The Indian Econometric Society 2020 NA
3 DRG Study, Shocks and Inflation NATIONAL Reserve Bank of India 2017 4,00,000
4 Policy Study: Deficit Management and its Implications for Inflation NATIONAL CSSS, Kolkata 2016 1,00,000
5 Vice President (2015-2018) NATIONAL The Indian Econometric Society 2015 NA
6 DRG Study, The Divisia Monetary Indices as Leading Indicators of Inflation NATIONAL Reserve Bank of India 2010 1,00,000

Teaching Experience

S.No Designation Department/Centre Institution
1 Professor Department of Economics Pondicherry University
2 RBI Chair Professor RBI Unit Institute for Social and Economic Change
3 Visiting Fellow Center for Advanced Studies in Economics Institute for Social and Economic Change
4 Associate Professor Madras School of Economics Madras School of Economics
5 Reader Department of Economics University of Mumbai
6 Lecturer Economics Unit Gokhale Institute of Politics and Economics

Research Experience

S.No Designation Department/Centre Institution Area of Research
1 Reserve Bank of India Chair Professor Department of Economics Institute of Social and Economic Change Monetary Economics
2 Visiting Fellow Department of Economics Institute of Social and Economic Change Monetary Economics

Industry Experience

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Contribution towards Innovation

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Patent Details

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Papers Published in UGC Approved Journals

S.No Title Name of the Authors as per the order in Paper Journal Name Volume, Issue & Page Nos. Year Impact Factor
1 Does Indian economy asymmetrically respond to oil price shocks Abdut Dehri and M Ramachandran The Journal of Economic Asymmetries Forthcoming 2023 NA
2 Asymmetry in forex market intervention: Does it reflect fear of reserve inadequacy? M Ramachandran and D Maheswari The Journal of Economic Asymmetries Vol. 25, pp e00236 2022 NA
3 Capital flows and exchange rate volatility: experience of emerging economies O.P.C. Muhammed Rafi and M. Ramachandran Indian Economic Review Vol. 53, pp. 183-205 2018 1.67
4 Spillover effects of real and nominal uncertainties in India B. Balaji, S. Raja Sethu Durai and M. Ramachandran Journal of Quantitative Economics Vol. 16 (1), pp. 143-162 2018 0.86
5 Appetite for official reserves M. Ramachandran and Stefy Carmel Economic and Political Weekly Vol. 53 (13), pp. 122-128 2018 0.37
6 Inflation and the relative price dispersion: a case for four percent solutionr Sartaj Rasool Rather, S. Raja Sethu Durai and M. Ramachandran Australian Economic Papers Vol. 57 (1), pp. 81-91 2018 1.452
7 The relationship between Output Uncertainty and Economic Growth-Evidence from India B. Balaji, S. Raja Sethu Durai and M Ramachandran Economics Bulletin Vol. 37 (4), 2680-2691 2017 0.534
8 The relationship between Output Uncertainty and Economic Growth-Evidence from India B. Balaji, S. Raja Sethu Durai Indian Economic Review Vol. 37 (4), 2680-2691 2017 NA
9 Shocks and Inflation M. Ramachandran and Rakesh Kumar DRG Study, Reserve Bank of India No. 42 2017 NA
10 Money and Inflation in India: Evidence from P-star model Sunil Paul, Sartaj Rasool Rather and M. Ramachandran Bulletin of Economic Research Vol. 69 (4), pp. 94-111 2017 0.888
11 The dynamics between inflation and inflation uncertainty: Evidence from India B. Balaji, S. Raja Sethu Durai and M. Ramachandran Journal of Quantitative Economics Vol. 14 (1), pp. 1-14 2016 NA
12 On the methodology of measuring core inflation Sartaj Rasool Rather, S. Raja Sethu Durai and M. Ramachandran Economic Notes Vol. 45 (2), pp. 271-282 2016 1.60
13 Asymmetric Price Adjustment: evidence for India Sartaj Rasool Rather, S. Raja Sethu Durai and M. Ramachandran The Journal of Economic Asymmetries Vol. 12 (2), pp. 73-79 2015 NA
14 Price Rigidity, Inflation and the Distribution of Relative Price Changes Sartaj Rasool Rather, S. Raja Sethu Durai and M. Ramachandran South Asian Journal of Macroeconomics and Public Finance Vol. 4 (2), pp. 258-287 2015 NA
15 Volatility Spillover between Oil and Stock Market returns Anand. B, Sunil Paul and M. Ramachandran Indian Economic Review Vol. 49 (1), pp. 37-56 2014 1.67
16 Does inflation asymmetrically affect the relative price variability Sartaj Rasool Rather, S. Raja Sethu Durai and M Ramachandran Applied Economics Letters Vol. 21 (2), pp. 80-83 2014 1.287
17 Inflation and relative price variability: Evidence for India Sartaj Rasool Rather, S. Raja Sethu Durai and M Ramachandran Journal of Asian Economics Vol. 30 (1), pp. 32-41 2014 2.681
18 Long-run causal nexus between share price and dividend P.S. Sanju, P.S. Nirmala and M. Ramachandran Journal of Asian Business Studies Vol. 8 (2), pp. 136-145 2014 NA
19 Inflation and relative price variability: Evidence for India Sartaj Rasool Rather and S. Raja Sethu Durai Journal of Asian Economics Vol. 30 (1), pp 32-41 2014 NA
20 Does inflation asymmetrically affect the relative price variability Sartaj Rasool Rather, S. Raja Sethu Durai and M. Ramachandran Applied Economics Letters Vol. 21 (2), pp. 80-83 2014 NA
21 Price and volume effects associated with nifty index revisions: A test of price pressure hypothesis P.S. Nirmala, P.S. Sanju and M. Ramachandran The Journal of Indian Management & Strategy Vol. 18 (1), pp. 36-46 2013 NA
22 Do Currency equivalent monetary aggregates have an edge over their simple sum counterparts? Sunil Paul and M. Ramachandran South Asian Journal of Macroeconomics and Public Finance Vol. 2 (2), pp. 107-143 2013 NA
23 A time-varying parameter model of inflation in India Sudhanshu Kumar, Naveen Srinivasan and M. Ramachandran Indian Growth and Development Review Vol. 5, pp. 25-50 2012 NA
24 Sectoral effects of disinflation: evidence from India S. Raja Sethu Durai and M. Ramachandran Macroeconomics and Finance in Emerging Market Economies Vol. 6 (1), pp. 77- 85 2012 NA
25 Currency equivalent monetary aggregates as leading indicators of inflation Sunil Paul and M Ramachandran Economic Modelling Vol 2(2), pp. 2041-2048 2011 3.875
26 Are investment and dividend decisions separable P S Sanju, P S Nirmala and M Ramachandran Applied Financial Economics Vol. 21 (20), pp. 1515-1524 2011 NA
27 Monetary Policy in a Low Inflation Environment: Is there Evidence for Opportunistic Behaviour? Naveen Srinivasan, Sudhanshu Kumar and M Ramachandran Journal of Quantitative Economics Vol. 8 (2), pp. 4-19 2010 NA
28 Monetary Policy and the Behaviour of Inflation in India: Is there a need for Institutional Reform? Naveen Srinivasan, Sumit Jain and M Ramachandran Journal of Asian Economics Vol. 20 (1), pp. 13-24 2009 2.681
29 Preference asymmetry and international reserve accretion in India Naveen Srinivasan, Vidhya Mahambare and M Ramachandran Applied Economics Letters Vol. 16 (15), pp. 1543-1546 2009 1.287
30 Resisting Rupee Appreciation? M Ramachandran and D Sambandhann Economic and Political Weekly Vol. 42 (15), pp. 1322-1325 2007 0.37
31 Asymmetric exchange rate intervention and international reserve accumulation in India M Ramachandran and Naveen Srinivasan Economics Letters Vol. 94 (2), pp. 259-265 2007 1.469
32 Core inflation for India Raja Sethu Durai and M Ramachandran Journal of Asian Economics Vol. 18 (2), pp. 365-383 2007 2.681
33 UK monetary policy under inflation forecast targeting: Is behaviour consistent with symmetric preferences? Naveen Srinivasan, Vidhya Mahambare and M Ramachandran Oxford Economic Papers Vol. 58 (4), pp. 706-721 2006 1.152
34 Modeling inflation in India: A critique of the structuralist approach Naveen Srinivasan, Vidhya Mahambare and M Ramachandran Journal of Quantitative Economics Vol. 4 (2), pp. 45-58 2006 NA
35 On the Upsurge of foreign exchange reserves in India M Ramachandran Journal of Policy Modeling Vol. 28 (7), pp. 797-809 2006 2.727
36 High Capital Mobility and Precautionary Demand for International Reserves M Ramachandran Journal of Quantitative Economics Vol. 3, pp. 15-29 2005 NA
37 The optimal level of international reserves M Ramachandran Economics Letters Vol. 83(2) pp. 365-370 2004 1.469
38 Do Broad Money, Output and prices stand for a stable relationship in India?, M Ramachandran Journal of Policy Modeling Vol. 26 (8 & 9), pp. 982-1001 2004 2.727
39 Exchange Market Pressure and Reserve Bank of India’s Intervention Activity Mirza Allim Baig, V. Narasimhan and M Ramachandran Journal of Policy Modeling Vol. 25 (8), pp. 727-748 2003 2.727
40 Fiscal Deficit, RBI Autonomy and Monetary Management M Ramachandran Economic and Political Weekly Vol. 35 (35 & 36), pp. 3266-3272 2000 0.37
41 Separability of Monetary Assets: Some Evidence from Approximation Analysis for India M Ramachandran and Bandi Kamaiah Journal of Quantitative Economics Vol. 10, pp. 337-350 1994 NA
42 Causality between Money and Prices in India: Some Evidence from Cointegration and Error Correction Models M Ramachandran and Bandi Kamaiah Singapore Economic Review Vol. 37, pp. 101-108 1992 1.736

Papers Published in Non UGC Approved Peer Reviewed Journals

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Papers Published in Conference Proceedings

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Books

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Chapters in Books

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Edited Books

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Ongoing Projects

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Ongoing Consultancy Works

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Completed Projects

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Completed Consultancy Works

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Career Guidance Offered to students

S.No Name of the Scheme No. of Students Competitive Examinations/ Career Counseling No. of Students Passed No. of Students Placed

List of capability enhancement such as Soft skill development, Remedial coaching, Language lab,
Bridge courses, Yoga, Meditation, Personal Counselling and Mentoring etc.,

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Research Guidance - PG

S.No Year Degree No. of Students Awarded Department/Centre

Research Guidance - Ph.D

S.No Student Name Registration Date Registration No. Thesis Title Thesis Submitted Status Thesis Submitted Date Vivavoce Completed Status Date Awarded
1 Sini Sabu 21-03-2023 Three essays in open-economy macroeconomics NO NO
2 Keerthana Sunny George 27-11-2021 2100108003 NA NO NO
3 Abdhut Deheri 02-08-2017 1700108005 Three Empirical Issues in Macroeconomics YES 30-01-2023 NO
4 Stefy Carmel 28-07-2017 1700108002 NA NO NO
5 Namshad 02-08-2017 1700108001 NA NO NO
6 Edwin Prabu A 29-09-2014 1400108005 Monetary Policy, Financial Markets, and Macroeconomy YES 23-01-2023 NO
7 Balaji. B NA NA Macroeconomic Uncertainties, Inflation and Output Growth in India YES 01-03-2013 YES 2013
8 Muhammed Rafi OPC 18-07-2014 1400108004 Three Essays on International Finance YES 17-07-2020 YES 2021
9 Hersch Sahay NA 1400108001 Three Essays on Macroeconomics YES 2020 YES 2020
10 Sajad Ahmad Rather NA NA Openness, Inflation and Global Financial Systems YES NA YES 2017
11 Linkon Mondal NA NA International Reserves, Sterilization and Inflation YES NA YES 2015
12 Anand. B NA NA Oil Price Pass Through YES NA YES 2014
13 Sartaj Rasool Rather NA NA On the Anatomy of Inflation YES NA YES 2014
14 Sunil Paul NA NA Currency Equivalent Monetary Aggregates: Issues and Evidence for India YES 28-09-2012 YES 2013
15 Vadivel. A NA NA Exchange Rate Intervention and International Reserve Accumulation YES NA YES 2012
16 Nirmala. PS NA NA On the Dynamics of Fundamentals, Index Revisions and Stock Prices YES NA YES 2012
17 Sanju. PS NA NA Separation Principle, Dividend Determinants and Ex-dividend Day Stock Price Behaviour YES NA YES 2012
18 Raja Sethu Durai. S NA NA Core Inflation, Sacrifice Ratio and Monetary Policy Reactions: Issues and Evidence for India YES NA YES 2007

Research Guidance - Post Doctoral

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Financial assistance availed to attend conferences / workshops and to pay membership fee
of professional bodies during the year

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E-Lecture Details

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Conferences/Seminars Organized

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