Staff

Professor Mitra did his BSc and MSc at the University of Calcutta before obtaining his PhD from Cornell University. He was previously a lecturer in the Univeristy of York and, before arriving at St Andrews, Professor at Royal Holloway College, University of London. He is an Associate Editor of Macroeconomic Dynamics and a member of the Economic and Social Research Council (ESRC) Peer Review College. He is also the Director of the Centre for Dynamic macroeconomic Analysis, University of St Andrews, and has an ESRC grant  "Macroeconomic Policy Changes and Adaptive Learning" (Ref RES-062-23-2617), effective October 2010, for a period of three years.

• EC5222 Expectations and Learning in Macroeconomics (PMT)

Macro and Monetary Economics

• (2013) "E-stability in the Stochastic Ramsey Model” (with George W. Evans), Economics Letters,118, 407-410.
• (2012) “Does Ricardian Equivalence Hold When Expectations Are Not Rational?” (with George W. Evans and Seppo Honkapohja), Journal of Money, Credit, and Banking, 44, 1259-1283, lead article.
• (2009) "Anticipated Fiscal Policy and Adaptive Learning" (with George Evans and Seppo Honkapohja), Journal of Monetary Economics, 56, 930-953.
• (2007) "Determinacy, Learnability, and Monetary Policy Inertia" (with James Bullard), Journal of Money, Credit, and Banking, 35, 1177-1212.
• (2006) "Learning Stability in Economies with Heterogenous Agents" (with Seppo Honkapohja), Review of Economic Dynamics, 9, 284-309.
• (2005) "Performance of Inflation Targeting Based on Constant Interest Rate Projections" (with Seppo Honkapohja), Journal of Economic Dynamics and Control, 29, 1867-1892.
• (2005) "Performance of Monetary Policy with Internal Central Bank Forecasting" (with Seppo Honkapohja), Journal of Economic Dynamics and Control, 29, 627-658.
• (2005) "Is more data better?" Journal of Economic Behavior and Organization, 56, 263-272.
• (2004) "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?" (with Seppo Honkapohja), Journal of Monetary Economics, 51, 1743-1770.
• (2003) "Desirability of Nominal GDP Targeting Under Adaptive Learning" Journal of Money, Credit, and Banking, 35, 197-220.
• (2003) "Learning with Bounded Memory in Stochastic Models" (with Seppo Honkapohja), Journal of Economic Dynamics and Control, 27, 1437-1457.
• (2002) "Learning about Monetary Policy Rules" (with James Bullard), Journal of Monetary Economics, 49, 1105-1129.
• (1998) "On Capital Accumulation Paths in a Neoclassical Stochastic Growth Model," Economic Theory 11, 457-464.

• “Notes on Agents’ Behavioral Rules Under Adaptive Learning” (with George W. Evans and Seppo Honkapohja), Centre for Dynamic Macroeconomic Analysis CDMA Working Paper 1102, to appear in Macroeconomics at the Service of Public Policy (edited by Thomas Sargent) in Honour of Seppo Honkaopohja’s 60th Birthday, Oxford University Press.
• "Learning of Steady States in Nonlinear Models when Shocks follow a Markov chain" (with Seppo Honkapohja), in Schultz and Vind (eds), Institutions, Equilibria, and Efficiency: Essays in Honour of Birgit Grodal, Springer-Verlag, Berlin, 2006.
• "Monetary Policy with Internal Central Bank Forecasting. A Case of Heterogenous Information" (with Seppo Honkapohja) in From National Gain to Global Markets, Essays in Honour of Paavo Okko on His 60th Birthday. Edited by Mika Widgren, 2004.