Aaron Mehrotra

Senior Economist

Monetary and Economic Department, Macroeconomic Analysis

Aaron Mehrotra is a Senior Economist in the Macroeconomic Analysis unit in the Monetary and Economic Department. Previously, he worked as a Senior Economist at the BIS Representative Office for Asia and the Pacific in Hong Kong SAR. Prior to joining the BIS, he was adviser in the Bank of Finland Institute for Economies in Transition (BOFIT). He has authored many papers on the Chinese economy and economic policy, and his other research areas of interest include monetary policy and economic policy in emerging economies. He holds a PhD from the European University Institute in Florence, Italy.

Fields of interest

Monetary policy
Developing Asia

Date	BIS research papers
Oct 2016	Maintaining price and financial stability by monetary and macroprudential policy - evidence from Asia and the Pacific BIS Papers No 88 Other authors: Soyoung Kim
Dec 2015	Managing price and financial stability objectives - what can we learn from the Asia-Pacific region? BIS Working Papers No 533 Other authors: Soyoung Kim
Mar 2015	Financial inclusion - issues for central banks BIS Quarterly Review March 2015 Other authors: James Yetman
Dec 2014	Financial inclusion and optimal monetary policy BIS Working Papers No 476 Other authors: James Yetman
Sep 2014	Decaying expectations: what inflation forecasts tell us about the anchoring of inflation expectations BIS Working Papers No 464 Other authors: James Yetman
Apr 2014	Trade linkages and the globalisation of inflation in Asia and the Pacific BIS Working Papers No 447 Other authors: Raphael Auer
Mar 2014	How anchored are inflation expectations in Asia? Evidence from surveys of professional forecasters BIS Papers No 77 Other authors: James Yetman
Mar 2014	Real globalisation and price spillovers in Asia and the Pacific BIS Papers No 77 Other authors: Raphael Auer
Mar 2014	Foreword BIS Papers No 77 Other authors: Frank Packer
Mar 2014	Foreign exchange intervention and the banking system balance sheet in emerging market economies BIS Working Papers No 445 Other authors: Blaise Gadanecz and Madhusudan Mohanty

"Managing price and financial stability objectives in inflation targeting economies in Asia and the Pacific" (with S Kim), Journal of Financial Stability, forthcoming.
" Wage and price dynamics in China" (with C Holz), The World Economy, vol 39, no 8, 2016, pp 1109-27. Also published as BIS Working Papers, no 409.
"What drives urban consumption in mainland China? The role of property price dynamics" (with Y Chen and M Funke), Pacific Economic Review, forthcoming.
" Financial inclusion and monetary policy in emerging Asia" (with G Nadhanael), in S Gopalan and T Kikuchi (eds), Financial inclusion in Asia, Palgrave Studies in Impact Finance, 2016.
" Tracking Chinese CPI inflation in real time" (with M Funke and H Yu), Empirical Economics, vol 48, no 4, 2015, pp 1619-41.
" Trade linkages and the globalisation of inflation in Asia and the Pacific" (with R Auer), Journal of International Money and Finance, vol 49(A), 2014, pp 129-51. Also published as BIS Working Papers, no 447.
" Changing economic structures and impacts of shocks - evidence from a DSGE model for China" (with R Nuutilainen and J Pääkkönen), Pacific Economic Review, vol 18, no 1, 2013, pp 92-107.
" Comparing China's GDP statistics with coincident indicators" (with J Pääkkönen), Journal of Comparative Economics, vol 39, no 3, 2011, pp 406-411.
" Assessing McCallum and Taylor rules in a cross-section of emerging market economies" (with J Sánchez-Fung), Journal of International Financial Markets, Institutions & Money, vol 21, no 2, 2011, pp 207-28.
" China's monetary policy and the exchange rate" (with J Sánchez-Fung), Comparative Economic Studies, vol 52, no 4, 2010 pp 497-514.
" Money demand in post-crisis Russia: de-dollarisation and re-monetisation" (with I Korhonen), Emerging Markets Finance and Trade, vol 46, no 2, 2010, pp 5-19.
" Modelling inflation in China - a regional perspective" (with T Peltonen and A Santos Rivera), China Economic Review, vol 21, no 2, 2010, pp 237-55.
" Business surveys and inflation forecasting in China" (with J Kaaresvirta), Economic Change and Restructuring, vol 42, no 4, 2009, pp 263-71.
" An analysis of Chinese money and prices using a McCallum-type rule" (with T Koivu and R Nuutilainen), Journal of Chinese Economic and Business Studies, vol 7, no 2, 2009, pp 219-35.
" The case for price level or inflation targeting - what happened to monetary policy effectiveness during the Japanese disinflation?", Japan and the World Economy, vol 21, no 3, 2009, pp 280-91.
" The impact of Chinese monetary policy shocks on East and South East Asia" (with T Kozluk), Economics of Transition, vol 17, no 1, 2009, pp 121-45.
" Forecasting inflation in China" (with J Sánchez-Fung), China Economic Journal, vol 1, no 3, 2008, pp 317-22.
" Do sentiment indicators help to assess and predict actual developments of the Chinese economy?" (with J Rautava), Journal of Chinese Economic and Business Studies, vol 6, no 3, 2008, pp 225-39.
" Exchange and interest rate channels during a deflationary era - Evidence from Japan, Hong Kong, and China", Journal of Comparative Economics, vol 35, no 1, 2007, pp 188-210.
" Public investment in Europe: evolution and determinants in perspective" (with T Välilä), Fiscal Studies, vol 27, no 4, 2006, pp 443-71.
"Lessons from the global financial crisis for central banks - Are there implications for a new Asian growth model?", in Finding Asia¿s new sustainable growth model post GFC: the role of the central banks, proceedings of High-Level Conference, The SEACEN Centre, November 2013, pp 1-15.
" Evaluating inflation determinants with a money supply rule in four central and eastern European EU member states" (with T Slacík), Focus on European Integration Q3/09, Central Bank of the Republic of Austria, 2009, pp 6-21.