Contact Information
202-452-3461
missaka.n.warusawitharana@frb.gov

Fields of Interest
Corporate Finance
Asset Pricing
Technological Change and Growth

Education
Ph.D., Finance, Wharton School, University of Pennsylvania, 2006

Professional Experience
Board of Governors of the Federal Reserve System, 2006-present

Selected Publications

• ''Predictable returns and asset allocation: Should a skeptical investor time the market?'' (with Jessica A. Wachter), Journal of Econometrics, vol. 148 (February 2009), pp. 162-178.
• ''Corporate asset purchases and sales: Theory and evidence,'' Journal of Financial Economics, vol. 87 (February 2008), pp. 471-497.
• ''Area under the curve as a measure of discounting'' (with Joel Myerson and Leonard Green), Journal of the Experimental Analysis of Behavior, vol. 76 (September 2001), pp. 235-43.
• What is the chance that the equity premium varies over time? Evidence from predictive regressions (with Jessica A. Wachter), Finance and Economics Discussion Series 2009-26. Washington: Board of Governors of the Federal Reserve System, 2009.
• Research and development, profits and firm value: A structural estimation, Finance and Economics Discussion Series 2008-52. Washington: Board of Governors of the Federal Reserve System, 2008.
• An efficiency perspective on the gains from mergers and asset purchases (with Sugata Ray), Finance and Economics Discussion Series 2007-39. Washington: Board of Governors of the Federal Reserve System, 2007.