Professor Dhasmana’s research and teaching interests are in International Macroeconomics, Macroeconomics, Development Finance and Econometrics. She has published a book, External Capital Flows and Welfare in Developing Countries: Theory and Empirics, 2009, (Publisher: VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG, Saarbrucken, Germany) and has written several academic articles including journal articles, in the area of capital flows, foreign reserve adequacy and welfare in developing and emerging market countries. She is currently working on a project relating to the vulnerability of emerging market countries to banking and currency crisis and the role of government policies.

SIGNIFICANT PUBLICATIONS:

• Employment growth in the face of exchange rate uncertainty: The role of trade and foreign equity finance, 2021, Southern Economic Journal, vol. 88(1), pages 79-117
• Operational Currency Mismatch and Firm Level Performance: Evidence from India, 2014, Macroeconomics and Finance in Emerging Market Economies (Taylor and Francis)(forthcoming)
• Operational Currency Exposure and Firm Level Performance: Evidence from India, 2014, International Symposia in Economic Theory and Econometrics; Vol. 23; Macroeconomic Analysis and International Finance; edited by Georgios Kouretas, Athanasios Papadopoulos; ISBN: 978-1-783
• Transmission of Real Exchange Rate Changes to The Manufacturing Sector Performance – Evidence from an Emerging Market, 2015, International Economics; Vol. 143, October 2015, pp 48-69.
• Terms of Trade Shocks, Foreign Reserves and Growth in Africa, 2014, (Under review)
• Private Insurance In The Presence of Externality And Long Term Growth, 2013 (under review)
• Optimal Foreign Reserves and Commodity Price Shocks in Africa, 2012 (Forthcoming African Development Review)
• A Generic Model of Public Provision of Insurance in The Presence of Externalities, 2012, IIMB Working Paper
• India’s Real Exchange Rate and Trade Balance: Fresh Empirical Evidence, 2012, IIMB Working Paper
• Threshold Effect of Foreign Reserves In Developing Countries, 2011, IIMB Working Paper 

• Welfare Gains of Aid Indexation in Small Open Economy, The Developing Economies, Vol. 48, No. 2, June, 2010.
• External Capital Flows And Welfare In Developing Countries: Theory and Empirics, 2009, VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG, Saarbrucken, Germany.
• “Foreign Reserves Adequacy in Sub-Saharan Africa”, IMF Working Paper No. 08/150). Available at: http://www.imf.org/external/pubs/ft/wp/2008/wp08150.pdf 
• “Long-Run Behavior of Commodity Prices: New Empirical Evidence”, 2007.
• “Commodity Price Fluctuations and Debt Sustainability in Heavily Indebted Poor Countries”, 2006.

WORK IN PROGRESS

• Manufacturing Employment and Real Exchange Rate Volatility – What are the Transmission Channels.
• Labor Market Rigidity and Adjustment to Price Shocks: Evidence from emerging markets.
• Large Devaluations and Output Growth: What does the Firm Level Data tell Us?
• Are Devaluations Contractionary? Revaluating the Marshall-Lerner Conditions