Tapen Sinha (current as of December 2009)

Mugshot 1990

Mugshot 2000

Mugshot 2010

Current Position

Visiting Professor, Georgia State University (2010) and Federal Reserve Bank of Atlanta (2010)

ING Comercial America Chair Professor of Risk Management and Insurance, ITAM, Mexico

Professor, School of Business, University of Nottingham (concurrent appointment)

Founder and Director, International Center for Pension Research, ITAM, Mexico

Research Associate, Center for Risk and Insurance Studies (CRIS), School of Business, University of Nottingham

Technical Consultant, SYSTAT Software

Regular guest columnist for the Latin America Advisor (published by the Inter-American Dialogue, Washington, DC)

Office:
Instituto Tecnologico Autonomo de Mexico
Departamento de Actuaria y Seguros
Rio Hondo No.1
Tizapan, San Angel
C.P. 01000
Mexico, D.F.
MEXICO

Phone: (office) 52 55 5628 4088 (Mexico City)
Fax: (office) 52 55 5628 4086 (Mexico City)
Email tapen@itam.mx (Mexico)

Personal Data

Date of birth: 6 September 1957
Citizen: Australia

Languages: Fluent in reading, writing, speaking: English, Spanish, Hindi, Bengali
Married


Education

Ph.D. in (Financial) Economics, March, 1986.
University of Minnesota, Minneapolis, MN, USA

"Essays on the theory of uncertain lifetimes"

Chapter Zero, Chapter One, Chapter Two, Chapter Three, Chapter Four

M.S. in Econometrics, June 1978.
Indian Statistical Institute, Calcutta, India

B.S. (First Class Honors) in Statistics, June 1977.
Indian Statistical Institute, Calcutta, India

Honors and Awards

Memeber, National Academy of Sciences - Mexico.

Winner, Research Award from the Actuarial Education and Research Fund, Society of Actuaries, USA, Year 2002-3 for editing and writing a monograph on different aspects of insurance business in Mexico.

Winner, Retirement Implications of Demographic and Family Change Symposium Award Society of Actuaries, 2002.

Winner, the 2001 Lumina Award of Geneva Association for best research in the area of Insurance Regulation.

Won Research Award from the Actuarial Education and Research Fund, Society of Actuaries, USA, Year 2000.

Won the Shin Research Excellence Award of the International Insurance Society for the year 2000 (for a paper on Pension Privatization).

Won the Shin Research Excellence Award of the International Insurance Society for the year 1999 (for a paper on Service Quality in Insurance).

Won second prize for outstanding papers on insurance related issues in Mexico awarded by the Comision Nacional de Seguros y Fianzas, Mexico, 1998 (paper in Spanish on reinsurance pricing).

Member of National System of Investigators (SNI), Mexico (from 1998). (Level III - highest possible level)

Selected by Marquis Who's Who in the World (1991-1992) as a prominent researcher and educator in the field of Economics/Finance/Insurance (also in subsequent editions).

Selected by Dictionary of International Biographies (Edition XXII) for achievement in the field of Insurance.

Dean's Teaching Excellence Award, Bond University, School of Business, 1991 and 1994

Research Interests

Models of Insurance Demand
Comparative Social Security Systems

Retirement Decision-Making
Development and Insurance
Cross-country financial management

Emerging Markets: India and China
Pension Privatization

Cointegration Models of Stock Price Indices
Stock Price Behavior in the Emerging Markets
Risk and Return Relationship
Decision Making under Uncertainty

AIDS and Public Policy
Real Options Models
Mexican Insurance Industry
Deregulation of Insurance Industry in India

Teaching Experience

Undergraduate Courses:


Pension Management: Economics and Finance
Risk Management & Insurance

Introduction to Risk Theory

Economics of Uncertainty

Portfolio Choice and Investment

Fixed Income Investment
International Finance
Financial Institutions & Markets
Corporate Finance
Financial Management
Applied Financial Techniques
Mathematics of Finance
Microeconomic Theory
Money and Banking
Managerial Economics
Public Finance


Postgraduate Courses (MBA, Masters of Insurance and Executive MBA):

International Risk Management and Insurance

Economics of Insurance

Modern Methods of Risk Management

Pension Management: Economics and Finance

Social Security
Financial Institutions & Markets
Managerial Economics
Financial Management
Corporate Finance
Public Finance
International Trade and Finance


Postgraduate Courses (Ph.D.):

Microeconomic Theory
Theory of Finance

Professional Programs: Taught Finance and Managerial Economics for executives from Coca-Cola, South East Queensland State Electricity Board, ITT-Sheraton (taught in Fiji, Hong Kong, Singapore, Brunei, Japan, China, Malaysia, Indonesia, New Zealand, Australia etc.) and on Campus Executive MBA).

Academic Experience

2010 Visting Professor, Georgia State University and Federal Reserve Bank of Atlanta.

2006 Visiting Foreign Scholar (VFS), Institute of Social and Economic Research, Osaka University, Osaka, Japan.

2005 Visiting Professor, SYSTAT, Bangalore, India.

2004 Research Director and Swiss Re Visiting Professor, Institute for Insurance and Risk Management (IIRM), Hyderabad, India.

2003-2004 Visiting Scholar, Huebner Center, Wharton School of the University of Pennsylvania.

2000- Present, Special Professor, School of Business, University of Nottingham (concurrent appointment)

1996- Present, ING Comercial America Chair Professor of Risk Management and Insurance, Department of Actuarial Studies and Insurance, Instituto Tecnologico Autonomo de Mexico, Mexico.

1991-1996 Associate Professor of Finance, School of Business, Bond University, Gold Coast, Australia.

1989- 1990 Assistant Professor of Finance and Insurance, School of Business, Bond University, Gold Coast, Australia.

1987-1989 Lecturer of Financial Economics and Statistics, Department of Economics & Statistics, National University of Singapore, Republic of Singapore.

1984-1987 Assistant Professor of Economics, Division of Social Sciences, University of Wisconsin-Parkside, Kenosha, WI, USA.

1983-1984 Visiting Assistant Professor of Economics, Ripon College, Ripon, WI, USA.

1981-1983 Teaching Associate, Department of Economics, University of Minnesota, Minneapolis, MN, USA.

Administrative Experience

2001- Founder and Director of International Center for Pension Research (icpr.itam.mx).

2006 Co-organizer, Conference on pension in Latin America, Instituto Tecnologico Autonomo de Mexico, Federal Reserve Bank of Atlanta and the Wharton School, University of Pennsylvania.

2005 Co-organizer, Conference on pension in Mexico, Instituto Tecnologico Autonomo de Mexico.

2001 Organizer of an International Conference on Social Security Reform, Instituto Tecnologico Autonomo de Mexico.

2001 Organizer of a Conference on Social Security Reform in Mexico, Instituto Tecnologico Autonomo de Mexico.

1997- 1998 Interim Director, Masters of Risk Management and Insurance Program, Instituto Tecnologico Autonomo de Mexico

1995-96 Head of Department, Economics/Finance/Insurance, Bond University, School of Business

1991-96 School of Business Representative on Computing at Bond University

1989 Designed the entire risk management and insurance program at Bond University.

1988-1989 Coordinator, Financial Economics, National University of Singapore

1985-1986 Acting Head of the Department, Economics, University of Wisconsin-Parkside.

Editorial Activities

Associate Editor, Bond Management Review 1990-95.

Co-editor, Bond Management Review 1995-96.

Ad-hoc reviewer

Journal of Risk and Insurance
Journal of Finance
Journal of Political Economy
Economics Letters
Journal of Economic Behavior and Organization
Scandinavian Actuarial Journal
Singapore Economic Review
Bond Management Review
Economic Policy
Australian Accountant
Journal of Financial Accounting
Industrial Relations
Cambridge Journal of Pension Finance
Finance India
Manchester School Journal of Economics
Journal of Economics and Finance
Economics Bulletin
Assurances et Gestion des Risques
International Economic Review
El Trimestre Economico
Estudios Economicos
Ritsumeikan Journal of Asia Pacific Studies
Journal of Macroeconomics

Books and Monographs

AIDS in a Globalized World. Economic, Financial, Legal and Political Aspects (with B. Condon) published by Springer Verlag in 2008. ISBN 3540783911, 9783540783916, 365 pages.

Pension Reform in the Americas (edited with S. Kay) published by Oxford University Press 2008.

Trazando Lineas en Arena y Nieve: La Seguridad Fronteriza y la Integracion Economica en America del Norte (with B. Condon) published by Cameron May, 2008.

E Business Process Management (edited with J. Sounderpandian) published by Ideas Group Inc. January 2007.

The Indian Insurance Industry: Challenges and Prospects (Entire monograph available free of charge) Monograph Published by the Swiss Reinsurance Company, Hong Kong, 2005, 81 pages.

Insurance Regulation in North America: Integrating American, Canadian and Mexican Markets (joint work with B. Condon and J. Sadka), 220 pages, published by Kluwer Law International, 2003 (ISBN: 90-411-2226-5).

Drawing Lines in Sand and Snow: Border Security and North American Business and Economics (joint work with B. Condon) published by M. E. Sharpe 2003. 230 pages ISBN: 0-7656-1235-6.

Retrospective and Prospective Analysis of the Privatized Mandatory Pension System in Mexico (Entire monograph available free of charge) (Society of Actuaries Monograph M-RS02-1) the Society of Actuaries, Chicago, USA, June 2002, 117 pages, ISBN 0-938959-72-7.

Pension Reform in Latin America and Its Lessons for International Policymakers Kluwer Academic Publishers, Boston, Massachusetts, USA, July 2000 (Huebner international series on risk, insurance, and economic security no. 23), 306 pages, ISBN 0-7923-7882-2.

Articles in journals, conference volumes, chapters in books

"Who is that Masked Person? The Use of Face Masks on Mexico City Public Transportation During the Influenza a (H1N1) Outbreak," (with B. Condon) Health Policy April 2010 (Elsevier), vol. 95, issue 1, pages 50-56.

"The Effectiveness of Pandemic Preparedness" Florida Journal of International Law, University of Florida Law School, April 2010, Volume XXII, 1-30.

AIDS Prevention, Treatment and Legal Rights: Local Strategies for a Global Disease" in HIV/AIDS - Health Care & Human Rights Approach, Chapter 1 (Amicus Books, 2008) (with B. Condon).

"El Presente y Futuro de TLCAN," (with B. Condon) in volume edited by Arturo Oropeza Garcia, El Comercio Exterior y la Gestion Aduanal en el siglo XXI, 279-298, published by Universidad Nacional Autonoma de Mexico, 2009.

"Diario de la Peste," (with B. Condon), Nexos, Volume XXXI, June 2009, 29-37.

"Mujeres, Carreras, Ingreso y Retiro" Published by the Centro de Estudios para el Adelanto de las Mujeres y la Equidad de Genero. CEAMEG, Lower House of the Mexican Congress, Federal Government of Mexico.

"Comparativo de Nuevos Sistemas de Capitalizacion en America Latina," published by the State Government of Mexico on behalf of the Biblioteca Mexiquense del Bicentenario.

"Latin America's privatized pension funds in Mexico compared with elsewhere," Benefits & Compensation International April 2009, 3-7.

"Financial Risk Management: Of Normal Distributions and Black Swans," ICFAI Reader Finance 2008 (with R. Karandikar), January 2008, 37-41.

"An investigation into the cost of universal healthcare in Mexico," in Well Being and Social Policy Journal, Volume 4, No. 2, 2009.

"Las Patentes para Medicamentos y los Paises en Desarrollo" (with B. Condon) in Temas Selectos en el Derecho de la OMC Cameron May Publishers, London, 2008.

"Lessons from Pension Reform in the Americas," (with S. Kay) Benefits Quarterly Third Quarter, 2008, pages 34-39.

"Una Decada del Nuevo Sistema de Pensiones en Mexico: Lecciones y Moralejas," (with M. Yanez), IMEF Bulletin, No. 3-2008, pages 1-15.

"Cuando el Mundo Voltea a los Planes Nacionales de Retiro: Desde Bismarck hasta Behavioral Economics", Actu@rio, Volume 14, no. 1, pages 1-3.

"Putting Pension Reform Into Perspective," (with S. Kay) Econ South (Publication of the Federal Reserve Bank of Atlanta) Volume 10, No. 1, 2008, pages 1-5.

"AIDS Prevention, Treatment and Legal Rights: Local Strategies for a Global Disease," (with B. Condon) in HIV/AIDS Health Care & Human Rights (edited by N Sudarshan), Amicus Books, pages 1-45, 2007.

"Pension Reform in Mexico," (with M. Yanez) in Pension Reform in the Americas (edited T Sinha and S. Kay) Oxford University Press 2007, pages 257-285.

"Introduction," (with S. Kay) Pension Reform in the Americas (edited T. Sinha and S. Kay) to be published by Oxford University Press in 2007, pages 6-22.

"E Risk Management" (with B. Condon) in E Business Process Management (edited with J. Sounderpandian) published by Ideas Group Inc. 2007, 267-291. Reprinted in: Electronic Business: Concepts, Methodologies, Tools, and Applications (4 Volumes)
Edited By: In Lee, Western Illinois University, USA. Chapter 7.17.

This article is also reprinted in the following book: Selected Readings on Information Technology Management: Contemporary Issues, Edited By: George Kelley, University of Massachusetts-Boston, USA. Chapter XXIII, 424-440. 2009.

"Outsourcing," (with K. Subhadra) in E Business Process Management (edited T Sinha and J. Sounderpandian) published by Ideas Group Inc. 2007, pages 186-203. Reprinted in: Electronic Business: Concepts, Methodologies, Tools, and Applications (4 Volumes)
Edited By: In Lee, Western Illinois University, USA. Chapter 5.21.

"E Business Process Management," (with J. Sounderpandian) in E Business Process Management (edited with J. Sounderpandian) published by Ideas Group Inc. 2007, pages 6-12.

"E Risk Management" (with B. Condon) in E Business Process Management (edited with J. Sounderpandian) published by Ideas Group Inc. 2007.

"Outsourcing," (with K. Subhadra) in E Business Process Management (edited T Sinha and J. Sounderpandian) published by Ideas Group Inc. 2007.

"E Business Process Management," (with J. Sounderpandian) in E Business Process Management (edited with J. Sounderpandian) published by Ideas Group Inc. 2007.

"Determinants of Group Health Insurance," (with J. Munoz) ARCH Volume 2007, Issue 1, Society of Actuaries.

"Openness, Investment and Economic Growth in Latin America," International Journal of Applied Business and Economic Research, June 2007 (forthcoming).

"An Analysis of the Evolution of Insurance in India," International Insurance and Financial Institutions: Between Global Dynamics and Local Contingencies edited by J. David Cummins and Bertrand Venard, Springer New York, Chapter 13, 639-676.

"Global Diseases, Global Patents and Differential Treatment in WTO Law: Criteria for Suspending Patent Obligations in Developing Countries," (with B. Condon) Northwestern Journal of International Law and Business Fall 2005, Volume 26, No.1, 1-42 (lead article).

"Doing the NAFTA Laundry: Security and Cross-Border Capital Movements," (with B. Condon), Convergence and Divergence in North America: Canada and the United States edited by K. Froschauer et al, Centre for Canadian Studies, Simon Fraser University (forthcoming).

"Bancassurance in India: Who is Tying the Knot and Why," ARCH (Society of Actuaries), Issue 1, Society of Actuaries, 2006.

"The Cost of Minimum Pension Guarantee," (with A. Renteria) ARCH (Society of Actuaries), Issue 1, Society of Actuaries, 2006.

"Rainfall Insurance with Derivatives," (with E. Baqueiro) ARCH (Society of Actuaries), Issue 1, Society of Actuaries, 2006.

"Comparing Different Methods of Calculating Value at Risk," (with F. Chamu) The ICFAI Journal of Financial Risk Management September 2005, Volume II, No. 3, 60-75.

"Algunos Comentarios sobre Pensiones en Mexico," Actualidad y Futuro de los Sistemas de Pensiones Comision de Seguridad Social, House of Representative, Federal Government of Mexico, August 2005, 87-98.

"An Application of Multistage Real Options: International Expansion Strategies of Insurance Companies," [lead article] (with M. Arredondo) Revista Mexicana de Ciencias Actuariales (Journal of the National College of Actuaries), 2005, Volume 1, No. 1, 1-17.

"Pride and Prejudice: Links between the Nominal Exchange Rates of Indian and Pakistani Currencies during 1957-1997," (with J. Sounderpandian) Ritsumeikan Journal of Asia Pacific Studies Volume 15, January 2005, 65-82.

"2020 Vision: Insurance India," Asia Insurance Post February 2004, Volume 4, Issue 7, 19-26.

"The Mother of All Puzzles Would Not Go Away," (with D. Sinha) Economics Letters Volume 82 (2004), 259-267.

"Statistical Analysis of Market Penetration in a Mandatory Privatized Pension Market using Generalized Logistic Curves" (with V. Guerrero) Journal of Data Science (Academia Sinica) April 2004, 195-211.

"Strategic Expansion for Insurance Companies: Quantitative Methods Using Real Options," ARCH, Society of Actuaries, 2003, No. 1.

"Economic Crises and Health Risk: Evidence from Mexico," (with I. Hernandez) ARCH, Society of Actuaries, 2003, No. 1.

"States of India are Not Converging," (with D. Sinha) Indian Journal of Economics, Volume LXXXIII, No. 328, July 2002, 15-22.

"Transmission of Risk across Stock Markets in Latin America," (with M. Sanchez) Mexican Journal of Economics and Finance (Revista Mexicana de Economía y Finanzas) Volume 1, No. 3, 2002, 225-241.

"Can Latin American Experience Teach Us Something about Privatized Pensions with Individual Accounts?" in the Retirement Implications of Demographic and Family Change Symposium Monograph (SOA Monograph M-RS02-2) published by the Society of Actuaries in the Web-based monograph series.

"Openness, Investment and Economic Growth in Asia," (with D. Sinha) Indian Economic Journal, April-June, 2002, Volume 49, No. 4, 90-95.

"Learning from Latin America: The Case of Personal Retirement Account," The Actuary (invited article) Society of Actuaries, March 2002, 7-9.

"Three's Company: US Borders after September 11," (with B. Condon) Texas Business Review, February 2002, 1-5.

"Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj," in Economic Institutions in India (London: Palgrave and New York: Macmillan) edited by Parthasarathi Banerjee & Frank Jurgen Richter, 2002, pages 121-137.

"Digesting the regulatory layer cake in the North American insurance market," (with B. Condon) Global Reinsurance, December 2001/January 2002, 64-71.

"The Mexican Insurance Sector under the Shadow of the North American Free Trade Agreement (NAFTA)," (with B. Condon) Journal of Insurance Regulation, National Association of Insurance Commissioners, Washington, Winter 2001, 207-222.

"The Role of Financial Intermediation in Economic Growth: Schumpeter Revisited," in Economic Theory in the Light of Schumpeter's Scientific Heritage (edited by S. B. Dahiya and V. Orati) published by Spellbound Press, India (Chapter 2, pages 63-70).

"How to Privatize Social Security If You Must: Lessons from Latin America," in The Power of Leadership in the Knowledge Millennium, International Insurance Society Seminar Proceedings, 111-135. This paper was reprinted in a special issue in 2001 of the Journal of International Insurance, volume 2, number 1, 23-52.

"How to privatize social security if you must," Journal of International Insurance, Volume 2, No. 1, 23-52, 2001.

"Digesting the Regulatory Layer Cake," Études et Dossiers, The Geneva Association, Switzerland, #246, 81-93, November 2001.

"Marketing Compulsory Pension Plans as a Service: Experience from Mexico," (summary paper) with R. Benedict, North American Actuarial Journal, 2001, Volume 5, Number 1, January 127-128.

"Is NAFTA the Trojan horse of the US Insurance Industry?" with J. Sadka, Journal of International Insurance, Volume 2, No. 3, 285-320, Kluwer Law International.

"Analyzing management fees of pension funds: A case study of Mexico," Journal Actuarial Practice, Absalom Press, University of Nebraska Volume 9, No. 1-2, 5-45, 2001.

"Social Security in Mexico: Past, Present and Future," the Actuary, Society of Actuaries, November, 2000, 6-15.

"Menadzment Rizika i Osiguranje," ("Risk Management and Insurance") in Poslovna Politika (Business Policy), Belgrade, Yugoslavia (in Serbian) with B. Ljutic, Volume 29, June 2000, 26-31.

"An Aggregate Import Demand Function for Greece," with D. Sinha, Atlantic Economic Journal, June 2000, 196-209.

" A Primer and Assessment of Social Security Reform in Mexico" with M. Espinosa, Quarterly Review of the Federal Reserve Bank of Atlanta First Quarter, 2000, 1-23 (lead article).

"Metodos practicos para obtener la prima del reaseguro de "Stop Loss" en el seguro de vida," (with R. Nava) Comision Nacional de Seguros y Fianzas, Documento de Trabajo No. 74, julio 1999, 66 pages, Mexico.

"The Internet, Insurance, and Latin America", Texas Business Review December 1999, 4-5.

"Some Surprising Results of the AFOREs in Mexico," Benefits and Compensation International, December 1999, 23.

"Critique of Mexico's New Social Security Act," (with E. de Alba) North American Actuarial Journal (comment on Octavio Maupome-Carvantes), volume 3, no. 3, July 1999, 98-101.

"Developments in the Mexican insurance Market: Implications for the American Insurers," Chartered Insurance Institute Journal - London July 1999, 28-29.

"Aspects of Service Quality of Privatized Pension Plans," (with R. Benedict) in Linda Bock edited volume, An Industry in Transition, International Insurance Society, New York, 237-285.

"Optimal Paths to Retirement," (with. J. Ojeda) in Insurance: Mathematics and Economics 1999 Conference Proceedings, City University, London.

"Radical Changes Boosts Mexico," CII Journal July 1999, 28-32.

"The Relationship between Openness and Economic Growth: Evidence from 124 Countries," (with D. Sinha) Seoul Journal of Economics volume 12, 1999, no. 1, 67-83.

"Performance of Publicly Mandated Private Pension Funds in Mexico: Simulations with Transactions Cost (or, My Pension Fund is Better than Yours: Lies, Damn Lies and Statistics)" (with F. Martinez and C. Barrios-Muñoz) ARCH (Society of Actuaries) 1999:1, 323-354.

"The Great Pension Reform: AFOREs and the Future of Privatized Retirement in Mexico," in Texas Business Review, October 1998, 1-4.

"Positive Response to Pension Plan," Life Insurance International (UK), July 6-8, 1998.

"A Look at the Y2K Problem and Questions about its Cost," The Actuary (Society of Actuaries, Chicago), 4-5, June 1998.

"A Review of Privatized Pension in Mexico," Pensions and Investments, September 1998, p. 14.

"Cart Before the Horse? Saving-Growth Nexus in Mexico," (with D. Sinha) Economics Letters volume 61, no. 1, 43-47 (1998).

"Privatization of Publicly Mandated Retirement System in Mexico: A Scorecard," IBIS Review June 1998, 21-24.

"Macroeconometric Modeling of Saving and Investment for MERCOSUR Countries," (with D. Sinha) in Estudios Económicos, January-June, 1998, Volume 13, no. 1, 57-72.

"The Long Run Relationship between Saving and Investment in India," (with D. Sinha) Indian Economic Journal 45(1), July-Sept. 1997-98, 118-23.

"Changes in the Rules of the Game: Future of Insurance Business in Mexico," in International Business Lawyer (London, International Bar Association) January 1998, Volume 26, No. 1, 14-17.

"An Exploration of the Long Run Relationship Between Saving and Investment in the Developing Economies: A Tale of Latin American Countries," (with D. Sinha) Journal of Post Keynesian Economics, Spring 1998, Volume 20, No. 3, 435-443.

"A Comparison of Development Prospects in India and China" (with D. Sinha) Asian Economies, Vol. 27(2), June 1997, pp. 5-31.

"Is the Indian Stock Market Related to the Rest of the World?" (with D. Sinha) International Business Strategies for Asia Pacific at the Dawn of the 21st Century Conference Proceedings of the Academy of International Business (edited by James Willis), 1997, 296-300.

"The Relationship Between Saving and Investment in India," (with D. Sinha) International Business Strategies for Asia Pacific at the Dawn of the 21st Century Conference Proceedings of the Academy of International Business (edited by James Willis), 1997, 291-295.

"Openness and Economic Growth in India," (with D. Sinha) Indian Journal of Economics July 1996, 115-125.

"An Empirical Investigation into the Relationship Between Openness and Economic Growth: Evidence from Asia," (with D. Sinha) International Review of Economics and Business, April 1996, 359-70.

"Retirement Decision of Men and Women: A Preliminary Analysis" (with R. Benedict) Early Retirement (Australian Government Publishing Service, Canberra), 1996, 217-236.

"How have the Retirement Patterns Changed in Industrialised Countries and What can We Learn from them?" (with D. Sinha) Early Retirement (Australian Government Publishing Service, Canberra), 1996, 237-254.


"Pecuniary Aspect of Risk Taking: Are Singaporeans More Risk Averse than Americans?" in W.H. Loke (ed.) Human Judgement and Decision Making, Scarecrow Press, New York 1996, 139-148.

"Lessons from Barings," Chartered Accountants Journal Volume 74, No. 7, August 1995, 20-23.

"Financial Deregulation in India," (with D. Sinha) in Regional Integration and Global Competitiveness (edited by Greg Tower) Conference Proceedings of Academy of International Business (1995), 389-394.

"India: Privatisation and Liberalisation in a Trillion Dollar Economy," (with D. Sinha) in Regional Integration and Global Competitiveness (edited by Greg Tower) Conference Proceedings of Academy of International Business (1995), 469-474.

"Medical Education using Internet," Australasian and New Zealand Association for Medical Education Bulletin Volume 22, Number 4, October 1995, 20-30.

"Relationship between Latitude and Melanoma Incidence: International Evidence," (with R. Benedict) Cancer Letters (Elsevier Scientific Publishers) Volume 99, 1996, 225-231.

"Doing Business in India," (with D. Sinha) in the International Business Lawyer (1995) Volume 23, No. 5, 213-219. Published by the International Bar Association, London.

"Western Accounting Methods and Western Accounting Firms in China: Why They are Needed Now" Management Accounting (London) May 1995, 18-19.

"Small Business and Changes in Superannuation," (with R. Benedict) Accounting Forum December 1994, Volume 18, No. 3, 31-46.

"Artificial Neural Networks: A New Tool for Fund Managers," (with C. Tan) JASSA (Journal of the Securities Institute of Australia) September 1994, 30-31.

"Opportunities in India: Consequences of Liberalisation and Globalisation," (with D. Sinha) Journal of International Marketing November 1994, 2-10.

"Using Artificial Neural Networks," (with C. Tan) Professional Investor Blackwell Publications, London October 1994, 28-29.

"Incidence and Deadweight Loss from Superannuation Guarantee Charge," (with D. Sinha) Economic Papers (Journal of the Economic Society of Australia), Volume 13, No. 3, September 1994, 23-29.

"Artificial Neural Networks," Contingencies published by the American Academy of Actuaries Washington, DC Volume 6, No. 6, November/December 1994, 66-68.

"Modelling Superannuation," (with R. Benedict, C. Hollis and J. Smith) Quarterly Journal of the Institute of Actuaries of Australia June 1994, 6-27.

"An Integrated Conceptual Model of Age Pension and Superannuation," Proceedings of the Second Colloquium of Superannuation Researchers (edited by David Knox).

"Prospect Theory and the risk and return relationship: Another look" Journal of Economic Behavior and Organization July 1994, 225-231.

"Effects of Airline Deregulation in Australia," (with D. Sinha) World Competition: Law and Economics Review (Geneva) Volume 17, No.4, June 1994, 81-95.

"The Real Cost of the Superannuation Guarantee Charge," Australian Accountant April 1994, 24-26.

"Making Optimal Renting Decisions," Real Estate Review (New York), Summer 1994, 71-74.

"Risk and Return Relationship: A Behavioral Perspective," in the Fourth International Symposium of Actuarial Applications in Finance edited by James Tilley, Society of Actuaries, Volume 1, 195-215, 1994.

"Artificial Neural Networks: An Introduction for Actuarial Applications," Digital Doings (Society of Actuaries, Chicago) January 1994, 1-11.

"Modelling Superannuation: Cash Flows, Influences and Gaps in Perception." (with R. Benedict, C. Hollis, and J. Smith) Proceedings of the Australian Taxation Office Conference on Compliance, Canberra, Australia, December 1993.

"How Small Business Perceives the New Superannuation Guarantee Charge," (with R. Benedict) Proceedings of the Australian Taxation Office Conference on Compliance, Canberra, Australia, December 1993.

"Airline Deregulation in Australia" (with D. Sinha) JASSA (Journal of the Securities Institute of Australia) September 1993, 32-36.

"Superannuation and Small Business," (with R. Benedict) (Chapter 7) Current Issues in Superannuation edited by David Knox, Longman Professional Publishing: Melbourne, 1994.

"Reply: (Risk aversion and rational insurance purchase in the long run)" The Actuary November 1992, p. 15.

"What Small Business Thinks about Superannuation Guarantee Levy" (with R. Benedict) Insurance Record October 1992, p. 23-24.

"Risk/return relationship" JASSA (Journal of the Securities Institute of Australia) September 1992, p. 30-33.

"Risk and Return Relationship: Theory and Evidence" Problems and Prospects in International Business: Perspective from Asia and the Pacific (edited by O. Yau and W. Shepherd) Conference Proceedings (1992), Academy of International Business, pp 382-5.

"Regulation and Deregulation of the Domestic Aviation Industry in Australia" (with D. Sinha) Problems and Prospects in International Business: Perspective from Asia and the Pacific (edited by O. Yau and W. Shepherd) Conference Proceedings (1992), Academy of International Business, pp 92-5.

"Risk Aversion and Rational Insurance Purchase in the Long Run," (with J. Sounderpandian) The Actuary Volume 26, No. 4, August 1992, 8-14.

"Nonsubstitution theorem with joint production," (with D. Dasgupta) International Review of Economics and Business Volume XXXIX, August 1992, 701-708.

Gopher: Nice Little Critter, AARP, 1992.

"Should Australian super copy the Singapore model?," Superfunds No. 146, March 1992, 21-32.

"Insolvencies in Property/Liability Insurance Firms in the US : Lessons for Australia," Insurance Record Volume 17, No. 1, 27-29, 1992.

"Modelling Home Equity Conversion Mortgages: Comments," Transactions of the Society of Actuaries (Chicago) Volume XLIII, 277-279, 1991.

"The Superannuation Industry in Australia and the Central Provident Fund in Singapore: A Comparison of Two Systems," (with D. Sinha) in Asia Pacific Business: Issues and Challenges, edited by Chow Hou Wee and Tak Kek Hui, (AIB Conference Proceedings),186-192.

"Relation between Nikkei Index and Nikkei Futures during the Crash of 1987," in A. D. Wilkie (ed.) Actuarial Approach for Financial Risk, volume 3 (Institute of Actuaries, London, 1991), 441-454.

"Cross Cultural difference in Risk Taking," in the Papers and Proceedings of Third International Conference on Comparative Management, held in Taiwan, June 1990.

"Implications of Changes in Survival Probability and Attitudes Towards Risk in a Model of Adverse Selection," Actuarial Research Clearing House 1989:2, 183-200.

"A Model of Annuities with Adverse Selection," in Scandinavian Actuarial Journal, 1989, 161-171.

"Life Cycle Model on Trial: An Eclectic Survey," Quarterly Journal of Business and Economics vol. 27, no. 1, 1988, 83-103.

"An Upper Bound for Wealth Distribution in a Model of Accidental Bequests," Economics Letters vol. 25, no. 4, 1987, 385-388.

"An Application of a Model of Term Life Insurance," Scandinavian Actuarial Journal 1987, 37-41.

"Capital Accumulation and Longevity," Economics Letters vol. 22, no. 2, 1986, 485-489.

"The Effects of Survival Probabilities, Transactions Costs, and the Attitudes Towards Risk on the Demand for Annuities," Journal of Risk and Insurance 1986, 301-306.

Review Articles

"Economics of Uncertainty," by Eeckhoudt, L et al, Journal of Risk and Insurance 2006.

"Strategy, Value, and Risk-The Real Options Approach" by Jamie Rogers, Journal of Risk and Insurance Vol. 71, June 2004, 345-346.

"Handbook of Insurance" by G. Dionne (ed.) in the Journal of Risk and Insurance Vol. 68, December 2001, 711-714.

Nonexpected Utility and Risk Management" by C. Gollier and M. Machina (eds.) in the Journal of Risk and Insurance Vol. 64, December 1997, 321-323.


"Risk Management and Insurance" by E. Vaughan, in the Journal of Risk and Insurance Vol. 61, No. 2, June 1994, 359-360.

"Risk, Information & Insurance" (ed.) H. Louberge Kyklos. Vol 45, Fasc 2, p. 284-285.

"Casualty Actuarial Science," Journal of Risk and Insurance June 1992, p. 349-350.

"Economics of Insurance," by K. Borch (North Holland, 1990) in the Journal of Risk and Insurance , December 1990.


"The Economics of Uncertainty," by E. Karni (Harvard University Press, 1985), in Southern Economic Journal, January, 1987, 812-813.

"Microeconomic Theory: Recent Developments," by L. Samuelson ed. (Kluwer Nijhoff, 1986), in Kyklos, vol. 40, Fasc. 1, 1987, 136-137.

"Economics Journals and Serials: An Analytical Guide," by W. Sichel and B. Sichel (Greenwood Press, 1986), in Kyklos, vol. 40, Fasc. 2, 1987, 297-299.

"An Economic Mind," by A. Furnham and A. Lewis (St. Martin's Press, 1986), in Southern Economic Journal, October, 1987, 516-517.

"Rational Choice," by M. Reder and R. Hogarth ed. (Chicago University Press, 1987), in Kyklos, vol. 40, Fasc. 3, 1987, 438-440.

"Dynamic Macroeconomic Theory," by T. Sargent (Harvard University Press, 1987), in Kyklos, vol. 40, Fasc. 4, 1987, 513-514.

"Economics of Imperfect Information" by M. Greenhut et al. (Greenwood Press, 1987), in Choice, July/August 1987.

"Monetary Policy and Rational Expectations," by G. Macesich (Praeger, 1987), in Choice, July/August 1987.

Non-academic Publications

Latin America Advisor "Subprime Lending in Latin America," Published by the Inter-American Dialog, April, 2007.

Latin America Advisor "On the Meeting of Presidents and Immigration," Published by the Inter-American Dialog, March, 2007.

Latin America Advisor "Pension Fund Sector Competition," Financial Services Advisor, Published by the Inter-American Dialog, January, 2007.

Latin America Advisor "HSBC and the Finance Minister," Published by the Inter-American Dialog, January, 2007.

"Pensiones en Mexico," El Reforma, 24 de septiembre, 2006 en la sección Enfoque.

Latin America Advisor "Electoral Impasse in Mexico," Published by the Inter-American Dialog, August, 2006.

Latin America Advisor "Grupo Mexico and the Miners' Strike," Published by the Inter-American Dialog, July, 2006.

Latin America Advisor (Telecom) "Telmex Ruling," Published by the Inter-American Dialog, May, 2006.

Latin America Advisor "Why is the Inter-American Development Bank Lending to the Private Sector?" Published by the Inter-American Dialog, April, 2006.

Latin America Advisor "On the Striking Steel Workers in Mexico," Published by the Inter-American Dialog, April 2006.

Latin America Advisor "On the World Water Forum," Published by the Inter-American Dialog, April 2006.

Latin America Advisor "Security in Mexico-US Border," Published by the Inter-American Dialog, January, 2006.

Latin America Advisor "Oil Market, WTO and Mexico," Published by the Inter-American Dialog, January, 2006.

Latin America Advisor (Energy) "Nuclear Energy in Latin America," Published by the Inter-American Dialog, November, 2005.

Latin America Advisor (Banking) "Credit Card Default Rising in Mexico," Published by the Inter-American Dialog, November, 2005.

Latin America Advisor "Credit Card Default Rising in Mexico" Published by the Inter-American Dialog, October, 2005.

Latin America Advisor "New Private Sector Initiative for Reform in Mexico" Published by the Inter-American Dialog, September, 2005.

Latin America Advisor "Visa Requirement for Brazilians in Mexico" Published by the Inter-American Dialog, September, 2005.

Latin America Advisor "Fuel Price Rise in Latin America" Published by the Inter-American Dialog, September, 2005.

Latin America Advisor "Action Against WalMart in Latin America" Published by the Inter-American Dialog, August, 2005.

Latin America Advisor "Bankruptcy of SatMex" Published by the Inter-American Dialog, July, 2005.

Latin America Advisor "Private Pension and New Investment Regime" Published by the Inter-American Dialog, June, 2005.

Latin America Advisor "Political Uncertainty in Mexico" Published by the Inter-American Dialog, April, 2005.

Latin America Advisor "March for Democracy in Mexico" Published by the Inter-American Dialog, March, 2005.

Latin America Advisor "On Monetization of Silver in Mexico" Published by the Inter-American Dialog, March, 2005.

Latin America Advisor "Silicon Border Initiative" Published by the Inter-American Dialog, March, 2005.

Latin America Advisor "Labor Market Laws in Mexico" Published by the Inter-American Dialog, February, 2005.

Latin America Advisor "Social Security Reform in the US" Published by the Inter-American Dialog, February, 2005.

Latin America Advisor "SEC Action Against a Mexican Company" Published by the Inter-American Dialog, January, 2005.

Latin America Advisor "Mexican Annual Budget" Published by the Inter-American Dialog, November, 2004.

Latin America Advisor "Mexico Japan Free Trade Agreement" Published by the Inter-American Dialog, September, 2004.

Latin America Advisor "Political and Economic Reform in Mexico" Published by the Inter-American Dialog, September, 2004.

Latin America Advisor "Pension Reform in Mexico" Published by the Inter-American Dialog, August 2004.

Latin America Advisor "FTAA versus China and India" Published by the Inter-American Dialog, July, 2004.

Latin America Advisor "Bank Bailout in Mexico" Published by the Inter-American Dialog, July, 2004.

Latin America Advisor "Mexican Construction Industry" Published by the Inter-American Dialog, June 2004.

Latin America Advisor "Investment Deregulation in Pension Funds in Mexico" Published by the Inter-American Dialog, May, 2004.

Latin America Advisor "Bank Lending in Mexico" Published by the Inter-American Dialog, March, 2004.

Latin America Advisor "Currency Volatility and Earnings in Latin America" Published by the Inter-American Dialog, August, 2003.

Latin America Advisor "Future of CNI Canal 40" Published by the Inter-American Dialog, January, 2003.

Latin America Advisor "Grupo Santander" Published by the Inter-American Dialog, January, 2003.

Latin America Advisor "Pension plans in Mexico" Published by the Inter-American Dialog, April, 2002.

Campus Infotech Section, "CARL cuts a swath through the magazine rack," Campus Review, August 10-16, 1995.

Special feature in Bond Observer, "Primer of Finance," No. 1, 1995. p. 6.

Campus Infotech Section of Campus Review, "Inside Intel's 'Netmare'," Volume 5, No. 5, February 9-15, 1995.

Business Reports Section of Indian Link, "The Myth of Overpopulation in India," February 15, 1995.

Business Reports Section of Indian Link, "Economic Liberalisation in India: Progress and Prospect," December 13, 1994.

Internet Section of AAAR Newsletter (published by the AVCC), "Gopher: A Helpful Little Critter!," Volume 2, No. 8, November 1994, 8-10.

Investment Section of the Gold Coast Bulletin, "Truths about paying off your home mortgage sooner," July 15, 1992.

Investment Section of the Gold Coast Bulletin, "Good cheer among the superannuation fund managers, February 15, 1992.

Investment Section of the Gold Coast Bulletin, "Average figure of the CPI can mislead retirement planners," November 13, 1991.

Investment Section of the Gold Coast Bulletin, "Are We Over Estimating Our Retirement Needs?", June 12, 1991.

Op-ed page article: "Siberia Express's Calcutta Stop," Wall Street Journal, June 14, 1986.

Conference Paper Presentations

2006 "A Proposal for Risk Reduction for Pension Funds in Mexico," First AMEXCAP Conference, Mexico City, Mexico.

2006 "Determinants of Group Health Insurance," Actuarial Research Conference, Montreal, Canada.

2006 "Cost of Minimum Pension Guarantee," LACEA Conference, Mexico City, Mexico.

2006 "A Proposal for Pension Reform in Mexico," Consejo Consultativa, Mexico City, Mexico.

2006 "Risk of Pension Systems," World Actuarial Congress, Paris, France.

2006 "Market Share and Pension Cost," Latin American Studies Association Annual Conference, San Juan, Puerto Rico.

2005 "Bancassurance: Who Ties the Knot and Why" Actuarial Research Conference, Mexico City, Mexico.

2005 "Rainfall Insurance" Actuarial Research Conference, Mexico City, Mexico.

2005 "Cost of Minimum Pension Guarantee" Actuarial Research Conference, Mexico City, Mexico.

2004 "Doing the NAFTA Laundry: Security and Cross-Border Capital Movements," Convergence and Divergence in North America Conference, Vancouver, Canada.

2004 "Transportation in NAFTA," ISNIE Conference, Tucson, AZ, USA.

2003 "An Application of Multistage Real Options: International Expansion Strategies of Insurance Companies," LACEA Conference, Puebla, Mexico.

2003 "Financial and Legal Aspects of HIV/AIDS," Actuarial Research and Teaching Conference, University of Kent at Canterbury, UK.

2002 "International Expansion of Insurance Companies: Applications of Real Options," Actuarial Research and Teaching Conference, Oxford University, UK.

2002 "Economic Crises and Health Risk: Evidence from Mexico," Actuarial Research Conference, University of Waterloo, Canada.

2002 "International Expansion of Insurance Companies: Applications of Real Options," Actuarial Research Conference, University of Waterloo, Canada.

2002 "Electronic Risk Management," American Risk and Insurance Association, Montreal, Canada.

2002 "Impact of Insurance on Business Literature," American Risk and Insurance Association, Montreal, Canada.

2002 "Can Latin American Experience Teach Us Something about Privatized Pensions with Individual Accounts?" Retirement Implications of Demographic and Family Change Symposium, Society of Actuaries, San Francisco, CA, USA.

2002 "The Warmth of the North and the Chill of the South: American Borders after September 11," Western Hemispheric Trade 7th Annual Conference, Texas A&M University, Laredo, TX, USA.

2002 "AIDS, Anthrax, Patents and Government," Western Management Association International Conference, Puerto Vallarta, Mexico.

2002 "Electronic Risk Management," Western Risk and Insurance Association Meeting, San Diego, CA, USA.

2002 "Privatizing Pension in the USA: Learning from Latin America" Western Risk and Insurance Association Meeting, San Diego, CA, USA.

2001 "Hybrid Methods of Value at Risk (VaR)," Southwest Finance Association Annual Conference, New Orleans, LA, USA.

2001 "Market Structure, Cost Reduction in the Publicly Mandated Privately Managed Pension Systems," International Center for Pension Research Conference, Mexico City, Mexico.

2001 "Informal Markets and Pension," International Center for Pension Research Conference, Mexico City, Mexico.

2001 "International Law Affecting Insurance Regulation in the Americas: Implications for Future Business", Business Association of Latin American Studies Conference, San Diego, CA, USA.

2001 "Teaching in a Bilingual Setting," Actuarial Teachers Conference, London School of Economics, London, England.

2001 "Market Structure and Difficulty with Cost Reduction in Publicly Mandated but Privately Run Pension Plans," Insurance: Mathematics and Economics Conference, Penn State University, PA, USA.

2001 "Economic Crises and Health Risk: Evidence from Mexico," American Risk and Insurance Association Annual Meeting, Indianapolis, IN, USA.

2001 "Privatizing Pension in the USA: Learning from Latin America," American Risk and Insurance Association Annual Meeting, Indianapolis, IN, USA.

2001 "International Law Affecting Insurance Regulation in the Americas: Implications for Future Business," American Risk and Insurance Association Annual Meeting, Indianapolis, IN, USA.

2001 "Oil Shock and Growth" Southern Economic Association, Tampa, FL, USA.

2000 "NAFTA and Insurance," American Risk and Insurance Association Annual Meeting, Baltimore, Maryland, USA.

2000 "Marketing Models of Pension," American Risk and Insurance Association Annual Meeting, Baltimore, Maryland, USA.

2000 "Hybrid Methods of Value at Risk (VAR)," American Risk and Insurance Association Annual Meeting, Baltimore, Maryland, USA.

2000 "Executive Compensation in Mexico," Western Risk and Insurance Association Annual Meeting, Monterey, California, USA.

2000 "Transmission of Risk Across Stock Markets," Midwest Finance Association Annual Conference, Chicago, Illinois, USA.

2000 "Transmission of Risk Across Stock Markets," Southwest Finance Association Annual Conference, San Antonio, Texas, USA.

2000 "Insurance Marketing," Society of Actuaries Special Conference, Washington, DC, USA.

2000 "Relationship between Trade and Growth Revisited," The Association of Private Enterprise Education Conference, Las Vegas, Nevada, USA.

2000 "Economic Growth and Institutional Obstacles for Doing Business," The Association of Private Enterprise Education Conference, Las Vegas, Nevada, USA.

2000 "Rich Man's Solution to a Poor Man's Problem," Canadian Institute of Actuaries Conference on Retirement, Toronto, Canada.

2000 "How to Privatize Social Security if you must: Lessons from Latin America," International Insurance Society's Annual Conference, Vancouver, Canada.

1999 "Mexican Retirement System," North American Economics and Finance Association, Los Angeles, USA.

1999 "Transmission of Risk Across Stock Markets," Royal Statistical Society, University of Warwick, UK.

1999 "Optimal Paths to Retirement," Latin American Econometric Society, Cancun, Mexico.

1999 "Transmission of Risk Across Stock Markets," Latin American Econometric Society, Cancun, Mexico.

1999 "Economic Effects of Rising Life Expectancy," Paper presented at the Third International Conference of Insurance: Mathematics and Economics in London, UK.

1999 "Service Quality Aspects of Privatized Pension Plans," International Insurance Society, Berlin, Germany.

1999 " Transactions Cost and Compulsory Privatized Pension Plans," Paper presented at the Third International Conference of Insurance: Mathematics and Economics in London, UK.

1999 "Openness and Economic Growth: Evidence from 124 Countries," paper presented at the Association of Private Enterprise Education, Orlando, FL.

1999 "Openness, Investment and Economic Growth in Latin American Countries," paper presented at the Annual Conference of the Midwest Economic Association, Nashville, TN.

1999 "Cart Before the Horse? Saving Growth Nexus in Mexico," paper presented at the North American Economics and Finance Association Annual Conference in New York City, NY, USA.

1998 "Post-revolution Macroeconomics of China: Analysis of Newly Available Data Sets," Paper presented at the Conference of the International Statistical Institute, Aguascalientes, Mexico.

1998 "Performance of Publicly Mandated Private Pension Funds in Mexico: Simulations with Transactions Cost," Paper presented at the Second International Conference of Insurance: Mathematics and Economics in Lausanne, Switzerland.

1998 "My Pension Fund is Better than Yours: Lies, Damn Lies and Statistics" Paper presented at the Sixth Annual Conference of Pension Researchers, Melbourne, Australia.

1998 "A Macroeconometric Dynamic Stochastic Theory of Saving and Investment with Application for Latin American Economies," paper presented at the North American Economics and Finance Association Annual Conference in Chicago, IL, USA.

1998 "Pride and Prejudice: A Political Theory of Links between the Nominal Exchange Rates of Indian and Pakistani Currencies" presented at the Association of the Indian Economic Society, Chicago, IL, USA.

1997 "Is the Indian Stock Market Related to the Rest of the World?" paper presented at the Conference of the Academy of International Business, Kona, Hawaii, USA.

1997 "The Relationship Between Saving and Investment in India," paper presented at the Conference of the Academy of International Business, Kona, Hawaii, USA.

1997 "Estimating the demand elasticities for Insurance in Mexico" paper presented at the American Risk and Insurance Association Annual Meeting in San Diego, CA, USA.

1996 "Retirement Decision of Men and Women: A Preliminary Analysis" paper presented at the American Risk and Insurance Association Annual Conference, Philadelphia, PA, USA.

1996 "Openness and Economic Growth: Evidence from Asian Countries" paper presented at the North American Economics and Finance Association Annual Conference in San Francisco, CA, USA.

1995 Invited paper presented at the Early Retirement Seminar held by the Department of Social Security, Canberra, Australia entitled "Retirement Decisions of Men and Women: A Preliminary Analysis."

1995 Invited paper presented at the Early Retirement Seminar held by the Department of Social Security, Canberra, Australia entitled "How have the Retirement Patterns Changed in Industrialized Countries and What Can We Learn From Them?"

1995 Paper presented: "Are there 'Natural" Clusters of regions in insurance purchase?" at the American Risk and Insurance Association Annual Conference, Seattle, WA, USA.

1995 Paper presented: "Economic aspects of superannuation and women," at the Third Annual Colloquium of Superannuation Researchers, University of Melbourne, Australia.

1995 Paper presented: "Marketing in India in the 1990s and Beyond: What Can We Expect After Liberalisation?" paper presented at the Facing East/Facing West Conference at the Western Michigan University, MI, USA.

1995 Paper presented: "India: Liberalisation and Globalisation in a Trillion Dollar Economy" paper presented at the Academy of International Business Conference in Perth, Australia.

1995 Paper presented: "Financial Deregulation in India" paper presented at the Academy of International Business Conference in Perth, Australia.

1995 Paper presented: "Economic Consequences of Liberalization and Globalization: the Case of India," at the Midwest Economic Association Annual Meeting, Cincinnati, OH, USA.

1995 Paper presented: "Analysis of Life Insurance Expenditure Using State Level Data," at the North American Economics and Finance Association, Washington, DC, USA.

1995 Paper presented: "Indian Experience of Liberalization and Globalization: A Study in Contrast with China" at the Association of Indian Economic Studies, Washington, DC, USA.

1994 Paper presented: "Modelling Superannuation" at the Second Annual Researcher Conference on Superannuation, University of Melbourne, Australia.

1994 Paper presented: "Measuring the Cost of Superannuation," at the Economic Society of Australia's Annual Conference in Gold Coast, Australia.

1994 Paper presented: "Effects of Airline Deregulation in Australia," at the Economic Society of Australia's Annual Conference in Gold Coast, Australia.

1994 Paper presented: "Risk aversion and aging society," at the Fifth Annual Conference of Applied Demography, Bowling Green, OH, USA.

1994 Paper presented: "Life Insurance Purchase in the US," at the North American Economics and Finance Association, Boston, MA, USA. (also served as a discussant and chaired another session)

1994 Paper presented: "Time Series Modelling of Life Insurance Purchase," Western Risk and Insurance Association Conference, Honolulu, HI, USA.

1994 Paper presented: "Is there a relationship between skin cancer and latitude?" Western Risk and Insurance Association Conference, Honolulu, HI, USA.

1994 "Risk and Return Relation: An Analysis under a New Paradigm," Paper presented at the Fourth International Symposium of Actuarial Applications in Finance, Orlando, FL, USA.

1993 Paper presented: "Risk and Return Relationship: An Anomaly and a Solution," presented at the North American Economics and Finance Association, Anaheim, CA, USA.

1993 Paper presented: "Questioning the Normative Validity of Expected Utility Theory," TIMS/ORSA Annual Meeting, Chicago, IL, USA.

1993 Paper presented: "Small Business and Superannuation," First Colloquium of Superannuation Researchers, University of Melbourne.

1993 Paper presented: "Time Series Analysis of Insurance Purchase," American Risk and Insurance Association, San Francisco, CA, USA. (also served as a discussant)

1993 Paper presented: "How Small Business Perceives the New Superannuation Guarantee Charge," Australian Taxation Office Conference on Compliance, Canberra, Australia.

1993 Paper presented: "Modelling Superannuation: Cash Flows, Influences and Gaps in Perception." Australian Taxation Office Conference on Compliance, Canberra, Australia.

1992 Papers presented: "Risk and Return Relationship: Theory and Evidence", "Regulation and Deregulation of Domestic Aviation Industry in Australia", AIB Annual Conference, Brisbane.

1992 Paper presented: "Age and Pecuniary Aspect of Risk Taking," American Risk and Insurance Association Annual Meeting, Washington, DC, USA (also served as a discussant in one session).

1991 Paper presented: "The Superannuation in Australia and the Central Provident Fund in Singapore: A Comparison of Two Systems," AIB Annual Conference, Singapore.


1991 Paper presented: "Estimating Risk Aversion Using State Level Data," American Risk and Insurance Association Annual Meeting, San Diego, California, USA (also Chaired one session)

1990 Paper presented: "Risk Taking by Professionals," American Risk and Insurance Association Annual Meeting, Orlando, Florida, USA (also Chaired one session)

1989 Paper presented: "Are Singaporeans More Risk Averse Than Americans?" Conference on Judgements and Decision Making Under Risk, Singapore (also Chaired one session)

1987 Paper presented: "Interaction Between Social Security and Pension: Does Ricardian Equivalence Hold?" North American Finance and Economics Association Annual Meeting, New Orleans, Louisiana, USA

1985 Paper presented: "Two problems in the theory of Uncertain Lifetimes," Midwest Economic Association Annual Meeting, Chicago, Illinois, USA (also Chaired one session)

1985 Paper presented: "Why is Insurance Market Loaded in the Face of Competition?" European Group of Risk and Insurance Association meeting, Brussels, Belgium

1984 Paper presented: "Capital Accumulation and Longevity", Western Economic Association Annual Meeting, Denver, Colorado, USA

Invited Address

2009 "Comparative Analysis of Pension Systems in Latin America," Invited Presentation, Center for Strategic and International Studies (CSIS), Washington DC.

2008 "HIV/AIDS", Invited Presentation, American Statistical Association Annual Conference (JSM), Denver, Colorado.

2008 "Workers' Compensation and Migrant Workers," Keynote Presentation, Joint American Canadian Workers' Compensation Board Conference, Vancouver.

2008 "Annuities in Mexico: Death of a Market Foretold," International Pension Conference, Boston.

"Reformas al sistema de pensiones en Mexico y America Latina," Keynote Speaker, ITESM, Monterrey, Mexico, 2006.

"Seguridad Social en Mexico," MNA and CARITAM, Mexico City, Mexico, 2006.

"Reformas al sistema de pensiones en Mexico," IMEF, Merida, Yucatan, Mexico.

"Risk Management," National Aerospace Limited, Bangalore, India, 2006.

"Indian Economy: Past Present and Future," El Colegio de Mexico, Mexico City, Mexico, 2005.

"Information Technology in India," Special Lecture, ITESM, Monterrey, Mexico, 2005.

"An Analysis of Insurance in India," Institute of Social and Economic Development, Bangalore, India, 2005.

"Risk Management," SYSTAT Lectures, Bangalore, India, 2005.

"Bancassurance," Indian Institute of Finance, New Delhi, 2005.

"Riesgos Catastroficos," Actuarium, Keynote Speaker, Mexico City, 2005.

"Pensiones: Chile, Mole y Pozole," Keynote Speaker, Colegio Nacional de Actuarios, Mexico City, Mexico, 2004.

"A Prospective Analysis of Insurance in India," Institute of Insurance and Risk Management Inaugural Lecture, India, 2004.

"Can Latin American Experience Teach Us Something about Privatized Pensions with Individual Accounts?" Retirement Implications of Demographic and Family Change Symposium, Society of Actuaries, San Francisco, CA, USA 2002.

"Evolution of Demography in the Latin American Countries and it's Impact on the Social Security Systems," Annual Conference of the Insurance Companies of Central American Countries (ISCAPC), Managua, Nicaragua, 1997.

"The Impact of Internet on the Insurance Companies in the Next Millennium," Annual Conference of the Insurance Companies of Central American Countries (ISCAPC), Managua, Nicaragua, 1997.

"Internet y Seguros," VII Foro Nacional de Escuelas de Actuaria, Mexico, 1997.

"Early Retirement: Experience of the OECD Countries," Department of Social Security, Canberra, 1995.

"Superannuation and the Australian Economy: A Primer," The Rotary Club, Gold Coast, March 1994.

"Superannuation in the 1990s," at the Australian Law And Insurance Association of Queensland, March 1993.

"Centralisation of Superannuation in Australia," at the Insurance Institute of Queensland, June 1992.