Damba Lkhagvasuren

Department of Economics, Concordia University
1455 Maisonneuve Blvd. West, H1155.43, Montreal, QC H3G 1M8, Canada
e-mail: damba.lkhagvasuren@concordia.ca
phone: +1-514-848-2424 ext 5726 (in Canada); +976-8800-6471 (in Mongolia) 

Current Position

Associate (tenured) Professor, Department of Economics, Concordia University, since May 2014 

Professional Services and Affiliation

Editorial Board, Journal of Labor Research, since Jan 2016
Research Fellow, 
CIREQsince 2011
Visiting Professor, ENSAI-CREST, Rennes, France, Oct 2016
President of Mongolian Economic Association, since Aug 2014 
Advisor to Independent Research Institute of Mongolia, since June 2014
Member of the Curriculum Committee, Institute of Finance and Economics of Mongolia, since May 2016  

Previous Employment, Affiliation and Services

Assistant Professor, Department of Economics, Concordia University, Oct 2007-May 2014
Lecturer,  Department of Economics,  Concordia UniversityJun-Oct, 2007
Member of the Advisory Board of Chairman of State Great Khural of Mongolia, May 2014-Jun 2016
Visiting Professor, ENSAI-CREST, Rennes, France, June 2012-2014; and Oct 2016 
Visiting Associate Professor, Economics Department, National University of Mongolia, May 2014-Sep 2016
Research Associate, Finance Department, Kellogg, Northwestern University, 2006-2007
Manager, Mongol Daatgal Insurance Bureau, Ministry of Finance, Mongolia, 1998-1999
Researcher, Institute of Physics and Technology, Mongolia, 1995-1997


Ph.D. in Economics: University of Rochester, Rochester, New York, 2007
Thesis: "Local Labor Market Dynamics with Net and Gross Mobility: Implications on Unemployment and Wages"
Advisor: Mark Bils (Mark's wikipedia information

M.A. in Economics: University of Colorado at Denver, Denver, Colorado, 2001

B.Sc. in Physics:
National University of Mongolia, Ulaanbaatar, Mongolia, 1995


Labor Economics and Labor Dynamics
Quantitative Methods in Economics and Finance
Applied Econometrics and Time Series

Research Areas  

Dynamic Stochastic General Equilibrium Models
Business Cycles
Labor Market Dynamics 
Multi-Sector Economy and Sectoral Mobility  
Employment and Income Processes 
Time Series and Panel Data Analysis 


Journal of Monetary Economics, 2015, Vol 75: 106–122 (joint with P. Gomme) 
         Working paper version

Journal of Economic Dynamics and Control, 2014, Vol 47: 39-53 (joint with D. Fuller and M. Kudlyak)
This article was selected as part of the latest research advances in Dynamic General Equilibrium Theory: http://nepdge.wordpress.com.
Working paper version

Journal of Applied Econometrics2014, Vol 29(5): 843–859 (joint with N. Gospodinov)

European Economic Review2014, Vol 67: 159-173

Calibration and Simulation of DSGE Models in N. Hashimzade and M. Thornton (eds.), 
Handbook of Research Methods and Applications in Empirical Macroeconomics, 2013, pp. 575-592, Edward Elgar Publishing (joint with P. Gomme)

Ажил2016, Khaan Printing, Ulaanbaatar (in Mongolian language)

Sectoral Mobility and Unemployment with Heterogeneous Moving Costs 
Journal of Labor Research2013, Vol 34(3): 339-358 (joint with R. Nitulescu, Concordia MA student)

Journal of Monetary Economics, 2012, Vol 59(8): 798-814  
This article was listed in "Findings: A Daily Roundup of Academic Studies," National AffairsNov 15, 2012. 

Discretization of Highly Persistent Correlated AR(1) Shocks
Journal of Economic Dynamics and Control2010, Vol 34(7): 1260-1276 (joint with R. Galindev)
         Matlab codes 

Working papers, manuscripts and computer codes

Please go to the following page: https://sites.google.com/site/dlkhagva/research.

Calibration and Simulation of DSGE Models in N. Hashimzade and M. Thornton (eds.), 

Handbook of Research Methods and Applications in Empirical Macroeconomics, 2013, pp. 575-592, Edward Elgar Publishing (joint with P. Gomme)

Working papers, manuscripts and computer codes 

Please go to the following page: https://sites.google.com/site/dlkhagva/research

Invited Conferences Presentations  

Symposium on Labor Market Frictions and the Business Cycle, HEC, Montreal, May 2013
The 5th Econ Day at ENSAI-CREST, Rennes, France, June 2012
The Wisconsin-Atlanta Fed Housing Conference, Atlanta, Georgia, U.S.A, Sep 2009 

Contributed Conference Presentations

Labor Market Policy Conference, Ulaanbaatar, Mongolia, Apr 2016  
Fall Midwest Macroeconomics Meetings, University of Rochester, Rochester, Nov 2015
Society of Economic Dynamics Meetings, Toronto, Canada, Jun 2014  
North American Summer Meeting of Econometric Society, Minneapolis, Minnesota, U.S.A, Jun 2014
Fifth Shanghai Macroeconomic Workshop, SUFE, Shanghai, China, May 2014
Fall Midwest Macroeconomics Meetings, Federal Reserve Bank of Minneapolis, Minnesota, Nov
Canadian Economic Association Meeting, Montreal, Quebec, Jun 2013 
The Stockman Conference, Rochester, New York, U.S.A, Oct 201
Asian Meeting of Econometric Society, Seoul, Korea, Aug 2011 
Canadian Economic Association Meeting, Ottawa, Ontario, Jun 2011 
Midwest Macroeconomics Meetings, Nashville, Tennessee,
May 2011
The Stockman Conference, Rochester, New York, U.S.A, Oct 2010 
The Ulaanbaatar Economic Policy Meeting, Ulaanbaatar, Mongolia, Jul 2010
North American Meeting of Econometric Society, Atlanta, Georgia, U.S.A, Jan 2010
Canadian Economic Association Meeting, Toronto, Ontario, May 2009 
Royal Economic Society Conference, University of Surrey, U.K., Apr 2009 
North American Meeting of Econometric Society, New Orleans, U.S.A., Jan 2008 
Society of Economic Dynamics Meetings, Prague, Czech Republic, Jun 2007 
Midwest Macroeconomics Meetings, Cleveland, Ohio, U.S.A, May 2007 
European Society of Population Economics, Chicago, Illinois, U.S.A, 2007
Midwest Macroeconomics Meetings, St. Louis, Missouri, U.S.A., May 2006

Conference Participation as an Organizer or a Session Chair

The Ulaanbaatar Economics Meeting, Mongolia, 2010, 2013, 2015 (as an organizer)
Canadian Macroeconomic Study Group Meeting, Toronto, Nov 2008 (as a session chair)
Royal Economic Society Meeting, Surrey, U.K., May 2009 (as a session chair)
Canadian Economic Association Meeting, Toronto, May 2009 (as a session chair)

Research Grants

High Quality Research Grant, National Univ of Mongolia, 2015  
Établissement de Nouveaux Professeurs-Chercheurs, FRQSC, 2013-2016 (ranked 2nd out of 24) 
Travel Grant for Asian Meeting, Econometric Society and Fukuzawa Lecture, 2011
Concordia University Team Grant, 2009-2010, with A. Shneyerov (PI) and D. Majumdar
Concordia University General Research Fund of SSHRC, 2008-2009
Start-Up Grant, Faculty of Arts and Science, Concordia University, 2007-2010

Courses Taught 

At Concordia (since 2007):

International Finance
Intermediate Macroeconomics
Advanced Labour Economics (undergraduate)
Macroeconomic Policy and Labour Market Dynamics (Ph.D and MA level)

Financial Econometrics (graduate)
Labour Economics (

At University of Rochester (2003-2004):

Econometrics (undergraduate)

Fellowships and Awards

Science Leader Award, Ministry of Education, Culture and Science of Mongolia, 2015 
Research Fellowship, CIREQ, since 2011
Dissertation Fellowship, W. Allen Wallis Institute of Political Economy, 2005-2006 
Graduate Fellowship and Tuition Scholarship, University of Rochester, 2001-2005
Hsiao Merit Scholarship, University of Colorado at Denver, 2001 
Red Diploma (First Class Honor) Mongolian National University, 1994 
Silver and Bronze Awards, Mongolian National Olympiads of Mathematics and Physics, 1988-1990

Refereeing for Journals

Economica (1)
ILR Review (1)
Journal of Economic Dynamics and Control (3)
Journal of Labor Research (4)
Journal of Monetary Economics (2) 
Journal of Urban Economics (2)
Review of Economic Dynamics (2)

Book Review 

Macroeconomics by Stephen D. Williamson, Pearson Canada, 2009  

Media Coverage on My Research  

My interview with Bayartogtokh of Засгийн Газрын Мэдээ (The Government News) of Mongolia 

Science Daily:

The Regional Economist, Federal Reserve Bank of St. Louis: http://www.stlouisfed.org/publications/re/articles/?id=2285;

"Findings: A Daily Roundup of Academic Studies," http://www.nationalaffairs.com, November 2012

Latest Research Advances in Dynamic General Equilibrium Theory of Christian Zimmermann (see his blog at the following link: http://nepdge.wordpress.com), October 2013; and

Economic Brief of the Federal Reserve Bank of Richmond, April 2013 http://www.richmondfed.org/publications/research/economic_brief/.

USA Today: http://www.usatoday.com/story/money/business/2012/12/02/jobless-forego-benefits/1735805/