Professional Experience

• • Economist, Flow of Funds Section

    Board of Governors of the Federal Reserve System

  • 2006 - present

• • Economist, Office of Financial Stability Policy and Research

    Board of Governors of the Federal Reserve System

  • 2011

Publications

• Warusawitharana, Missaka (Forthcoming). "The Expected Real Return to Equity," Journal of Economic Dynamics & Control.
• Warusawitharana, Missaka (2012). "Profitability and the Lifecycle of Firms," Finance and Economics Discussion Series 2012-63. Board of Governors of the Federal Reserve System (U.S.).
• Wachter, Jessica A., and Missaka Warusawitharana (2011). "What is the Chance that the Equity Premium Varies Over Time? Evidence from Predictive Regressions," NBER Working Papers 17334. National Bureau of Economic Research, Inc.
• Carlson, Mark, Hui Shan, and Missaka Warusawitharana (2011). "Capital Ratios and Bank Lending: A Matched Bank Approach," Finance and Economics Discussion Series 2011-34. Board of Governors of the Federal Reserve System (U.S.).
• Chin, Alycia, and Missaka Warusawitharana (2010). "Financial Market Shocks during the Great Depression," B.E. Journal of Macroeconomics, vol. 10, no. 1, pp. Article 25.
• Wachter, Jessica A., and Missaka Warusawitharana (2009). "Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?" Journal of Econometrics, vol. 148, pp. 162-178.
• Ray, Sugata, and Missaka Warusawitharana (2009). "An Efficiency Perspective on the Gains from Mergers and Asset Purchases," B.E. Journal of Economic Analysis and Policy, vol. 9, no. 1, pp. Article 43.
• Warusawitharana, Missaka (2008). "Corporate Asset Purchases and Sales: Theory and Evidence," Journal of Financial Economics, vol. 87, no. 2, pp. 471-497.
• Warusawitharana, Missaka (2008). "Research and Development, Profits and Firm Value: A Structural Estimation," Finance and Economics Discussion Series 2008-52. Board of Governors of the Federal Reserve System (U.S.).
• Myerson, Joel, Leonard Green, and Missaka Warusawitharana (2001). "Area Under the Curve as a Measure of Discounting," Journal of the Experimental Analysis of Behavior, vol. 76, pp. 235-243.

Other Activities