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Photo of Missaka Warusawitharana

Missaka Warusawitharana

Senior Economist

Flow of Funds Section

Research and Statistics

202-452-3461
missaka.n.warusawitharana@frb.gov
Education
  • Ph.D., Finance, Wharton School, University of Pennsylvania, 2006
  • Current Research Topics

  • Structural corporate finance
  • Financial econometrics
    • Economist, Flow of Funds Section

      Board of Governors of the Federal Reserve System

    • 2006 - 2013
    • Senior Economist, Flow of Funds Section

      Board of Governors of the Federal Reserve System

    • 2013 - present
    • Economist, Office of Financial Stability Policy and Research

      Board of Governors of the Federal Reserve System

    • 2011
    • Adjunct Assistant Professor

      Johns Hopkins University, Economics Department

    • 2013
  • Levine, Oliver, and Missaka Warusawitharana (2014). "Finance and Productivity Growth: Firm-Level Evidence," Finance and Economics Discussion Series 2014-17. Board of Governors of the Federal Reserve System (U.S.).
  • Carlson, Mark, Hui Shan, and Missaka Warusawitharana (2013). "Capital Ratios and Bank Lending: A Matched Bank Approach," Journal of Financial Intermediation, vol. 22, no. 4, pp. 663-687.
  • Warusawitharana, Missaka (2013). "The Expected Real Return to Equity," Journal of Economic Dynamics and Control, vol. 37, no. 9, pp. 1929-1946.
  • Warusawitharana, Missaka, and Toni M. Whited (2013). "Equity Market Misvaluation, Financing, and Investment," Finance and Economics Discussion Series 2013-78. Board of Governors of the Federal Reserve System (U.S.).
  • 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 Regressions on the Dividend-Price Ratio," NBER Working Papers 17334. National Bureau of Economic Research, Inc.
  • 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.

Conference Organization

  • 2014

    SFS Cavalcade

    Programme Committee

  • 2011

    Financial Management Association annual meeting

    Programme Committee

  • 2007

    Financial Management Association annual meeting

    Programme Committee

Referee

  • European Economic Review
  • Financial Management
  • Finance Research Letters
  • Financial Review
  • Journal of Business Finance and Accounting
  • Journal of Business Venturing
  • Journal of Economic Growth
  • Journal of Finance and Quantitative Analysis
  • Journal of Financial Economics
  • Journal of Financial Services Research
  • Journal of Industrial Economics
  • Quarterly Journal of Finance and Accounting
  • Quarterly Review of Economics and Finance
  • Review of Financial Studies
  • Review of Industrial Organization
  • Scandinavian Journal of Economics
  • Studies in Economics and Finance
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Last update: August 8, 2014