Welcome to my website!
I am a Professor in the Department of Economics, McMaster University and Chair of Graduate Studies.
My Research Interests are in the general areas of Macroeconomics and Monetary Economics.
Recently I have been working on sovereign default models, policy reform, as well as closed and open economy business cycles.
My work with Cesar Sosa-Padilla and Ionut Cotoc on politics and sovereign debt was covered in the NBER Digest recently .
Recent Publications
Farzana Alamgir ,Johnny Cotoc and Alok Johri (2023) The Bribe Rate and Long Run Differences in Sovereign Borrowing Costs. Accepted for publication in Journal of Economic Dynamics and Control.
Gunn, Christopher M., Johri, Alok and Letendre, Marc-André. "Charge-offs, Defaults and the Financial Accelerator" The B.E. Journal of Macroeconomics, vol. , no. , 2022. https://doi.org/10.1515/bejm-2021-0078
Alok Johri, Shahed K. Khan and Cesar Sosa-Padilla, 2022. "Interest Rate Uncertainty and Sovereign Default Risk," Journal of International Economics. Accepted. JIE version.
Alok Johri and Md Mahbubur Rahman, 2022. "The Rise and Fall of India's Relative Investment Price: A Tale of Policy Error and Reform," American Economic Journal - Macroeconomics, 14 (1): 146-78. DOI: 10.1257/mac.20180411
Alok Johri and Muhebullah Karimzada, 2022. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Canadian Journal of Economics, 54: 1314-1360. https://doi.org/10.1111/caje.12526
Keqiang Hou and A. Johri (2018) "Intangible Capital, the Labor Wedge and the Volatility of Corporate Profits," Review of Economic Dynamics, vol. 29, pages 216-234, July.