Gan-Ochir Doojav

Current Position:

Chief Economist, The Bank of Mongolia         

Member:

• The Board of Directors, The Bank of Mongolia (appointed by the Governor of the Bank of Mongolia)

• The Banking Supervision Council (appointed by the Governor of the Bank of Mongolia)

• The Economic Policy Council (appointed by the Prime Minister of Mongolia)

• Sub-assembly (Social science) of Mongolian Academy of Sciences (estabilshed by the Chairman of Mongolian Academy of Sciences)

• The thesis examination committee of Doctor of Science (D.Sc) in Economics (estabilshed by the Chairman of Mongolian Academy of Sciences)

• The thesis examination committee of Doctor of Philosophy (Ph.D) in Economics (estabilsihed by Minister of Education and Science)

• Editoral board of "Economics: Theory and Practice" journal (appointed by the head of Economics Department, National University of Mongolia)

• Editoral board of "Money, Finance and Wealth" journal (appointed by the Governor of the Bank of Mongolia)

Education:

• Doctor of Science (D.Sc) in Economics, 2021, The Mongolian Academy of Sciences (MAS) 

Dissertation: "Macroeconomic modelling and analysis for optimal stabilization policies in Mongolia" 

• Doctor of Philosophy (Ph.D) in Economics, 2016, The Australian National University (ANU)

Thesis: "A small open economy modelling: A Bayesian DSGE approach"

• Master in International and Development Economics with Distinction, 2011, The Australian National Univeristy (ANU)

• Graduate Diploma in  International and Development Economics with Merit, 2010, The Australian National Univeristy (ANU)

• M.Sc in Economics, 2007, GPA: 4.0/4.0,  National University  of Mongolia

Dissertation: "Determinants of Housing Prices  in Ulaanbaatar: A Hedonic Regression Approach" 

• B.Sc in Economics, 2005, GPA: 4.0/4.0, National University  of Mongolia  

Dissertation: "A Modeling and Analysis of Loan and Deposit Markets in the Mongolian Banking Sector"

Journal Publications:

1. Gan-Ochir Doojav & Munkhbayar Baatarkhuu, 2024. "Public debt and growth in Asian developing economies: Evidence of non-linearity and geographical heterogeneity," Eurasian Economic Review, Springer, forthcoming.

2. Gan-Ochir Doojav & Munkhbayar Purevdorj, 2024. "Effects of macro-financial shocks on bank liquidity creation: Evidence from Mongolia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, forthcoming.

3. Gan-Ochir Doojav & Munkhbayar Purevdorj & Anand Batjargal, 2024. "The macroeconomic effects of exchange rate movements in a commodity-exporting developing economy," International Economics, Elsevier, vol.177, pages 1-21, March.

4. Gan-Ochir Doojav & Munkhbayar Gantumur, 2023. "An estimated model of a commodity-exporting economy for the Integrated Policy Framework: Evidence from Mongolia," International Economics and Economic Policy, Springer, vol. 20(4), pages 651-708, October. 

5. Gan-Ochir Doojav & Davaasukh Damdinjav, 2023.  "The macroeconomic effects of unconventional monetary policies in a commodity-exporting developing economy: Evidence from Mongolia", International Journal of Finance & Economics, Wiley Blackwell, vol. 28(3), pages 4627-4654, October. 

6. Doojav, Gan-Ochir & Luvsannyam, Davaajargal & Enkh-Amgalan, Elbegjargal, 2023. "Effects of global liquidity and commodity market shocks in a commodity-exporting developing economy," Journal of Commodity Markets, Elsevier, vol. 30, pages 1-29, June. 

7. Gan-Ochir Doojav, 2023. "Macroeconomic Effects of Covid-19 in a Commodity-Exporting Economy: Evidence from Mongolia," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 59(5), pages 1323-1348, April.

8. Doojav Gan-Ochir & Luvsannyam Davaajargal, 2023. "Forecasting Inflation in Mongolia: A Dynamic Model Averaging Approach," Journal of Time Series Econometrics, De Gruyter, vol. 15(1), pages 27-48, January. 

9. Gan-Ochir Doojav & Davaasukh Damdinjav, 2021. "Policy-Driven Boom and Bust in the Housing Market: Evidence from Mongolia," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 38(02), pages 279-317, September. 

10. Doojav, Gan-Ochir & Gantumur, Munkhbayar, 2020. "Measuring the natural rate of interest in a commodity exporting economy: Evidence from Mongolia," International Economics, Elsevier, vol. 161(C), pages 199-218.

11. Doojav, Gan-Ochir & Kalirajan, Kaliappa, 2020. "Sources of energy productivity change in Australian sub-industries," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 1-10.

12. Gan-Ochir Doojav & Kaliappa Kalirajan, 2020. "Financial Frictions and Shocks in an Estimated Small Open Economy DSGE Model," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(2), pages 253-291, June.

13. Gan‐Ochir Doojav & Kaliappa Kalirajan, 2019. "Income and price elasticities of electricity demand in Australia: Evidence of state‐specific heterogeneity," Australian Economic Papers, Wiley Blackwell, vol. 58(2), pages 194-206, June.

14. Gan-Ochir Doojav & Davaajargal Luvsannyam, 2019. "External Shocks and Business Cycle Fluctuations in Mongolia: Evidence from a Large Bayesian VAR," International Economic Journal, Taylor & Francis Journals, vol. 33(1), pages 42-64, January.

15. Doojav, Gan-Ochir & Purevdorj, Munkhbayar, 2019. "The Relationship Between Financial Condition and Business Cycle in Mongolia," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 23(2), pages 203-223, June.

16. Gan-Ochir Doojav & Undral Batmunkh, 2018. "Monetary and macroprudential policy in a commodity exporting economy: A structural model analysis," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 18(3), pages 107-128.

17. Gan-Ochir Doojav, 2018. "The Effect of Real Exchange Rate on Trade Balance in a Resource-Rich Economy: The Case of Mongolia," Foreign Trade Review, vol. 53(4), pages 211-224, November.

18. Gan-Ochir Doojav & Ariun-Erdene Bayarjargal, 2017. "Stress testing the household sector in Mongolia,"Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 24(2), pages 23-52, December. 

19. Gan-Ochir Doojav & Ariun-Erdene Bayarjargal, 2017. "Implications of Economic Growth, Poverty and Inequality in Mongolia over the Period of 2008-2012", The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 5(2), pages 15-29, October.

20. Gan-Ochir Doojav & Kaliappa Kalirajan, 2016. "Interest Rate Pass-Through in Mongolia," The Developing Economies, Institute of Developing Economies, vol. 54(4), pages 271-291, December. 

Books:

• The Optimal Economic Stabilization Policies in Mongolia: Modeling, Analysis and Recommendations, 2022, Admon Publishing,  ISBN: 978-9919264949 (In Mongolian)

• The Development Roadmap of Mongolia: Lessons, Challenges and Opportunities, 2020, Admon Publishing,  ISBN: 978-9919232801 (In Mongolian)

• A small open economy modelling: A Bayesian DSGE approach, 2016, LAP LAMBERT Academic Publishing,  ISBN: 978-3659901898

• Financial Contagion and Volatile Capital Flows, 2012, Graphic Stationers Sdn., ISBN: 978-983-9478-23-5 (with Borkhuu Gotovsuren & Tsenddorj Dorjpurev)

Book Chapters:

• Innovative Management and Business Practices in Asia: Development and Access to Finance of Small and Medium-Sized Enterprises in Mongolia, 2019, IGI Global, ch14, 265-294

• Capital flows and their implications for central bank policies in the SEACEN countries: Capital flows and their impliations for central bank policies in Mongolia, 2009, Graphic Stationers Sdn., ch5, 151-186

Short articles:

• Managing External Shocks in Commodity-Exporting Economies: Insights from Mongolia, 2023, BCC Programme Blog, 05 July. 

• Mongolia's Economic Outlook, 2020, East Asia Forum, 31 December. 

• Mongolia's Growth Challenges, 2019, East Asia Forum, 06 July. 

Refereeing Activity:

• Resources Policy (2024) 

• Australian Journal of Agricultural and Resource (2016)

• Economic Analysis and Policy (2023, 2024) 

• Journal of the Asia Pacific Economy (2022) 

• Asia-Pacific Sustainable Development Journal (2023) 

• East Asia Forum (2020) 

• Economics: Theory and Practice (A Mongolian Journal, Economics Department, National University of Mongolia) (2021, 2022, 2023)

• Money, Finance and Wealth (A Mongolian Journal, The Bank of Mongolia) (2017-2020)