Department of Economics & Statistics

Faculty of Arts, University of Peradeniya

Prof. SJS de Mel

Director, Postgraduate Institute of Humanities and Social Sciences (PGIHS), University of Peradeniya

Professor in Economics

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About Me

Suresh de Mel is Professor in Economics in the Dept of Economics & Statistics of the University of Peradeniya, Sri Lanka, where he has been serving since 2001. Prior to joining Peradeniya, he served as the Economist at the International Monetary Fund’s Office of the Resident Representative in Colombo. Since 2005, he has been involved in several research projects focusing on small scale enterprises in Sri Lanka using randomized field experimental methods. This includes examining the rate of return to capital in micro-enterprises, the post-disaster recovery process of microenterprises, the relationship between economic health and mental health, the effect of formal registration on the performance of informal enterprises, the effect of business training on female-run micro-enterprises, and the growth dynamics of micro-enterprises following labour, capital and human capital interventions. This work has been published in the Quarterly Journal of Economics, American Economic Journal: Applied Economics, Journal of Development Economics, American Economic Review, Economic Journal, Science, World Bank Economic Review and Social Science & Medicine. More recently, he has been involved in two micro-savings related field experimental research projects -- looking at the effect of deposit collection service using point-of-service terminals and generating savings via a mobile phone linked bank account system. This work has been published / is forthcoming in American Economic Review, Review of Economic Studies and Review of Economics & Statistics.

Education

PhD

American University, Washington DC

MA

American University, Washington DC

BSc

University of Moratuwa

Current Positions

Professor in Economics - Department of Economics and Statistics, University of Peradeniya

Director - Postgraduate Institute of Humanities and Social Sciences (PGIHS), University of Peradeniya

Positions Held

SENIOR LECTURER, Grade I - Department of Economics, University of Peradeniya

2012-2018

Visiting Associate Professor - Department of Economics, National University of Singapore

January-June 2014

SENIOR LECTURER, Grade II - Department of Economics, University of Peradeniya

2001-2012

Teaching Fellow - American University, Washington DC, USA

1995-1996

Teaching/ Research Assistant - American University, Washington DC, USA

1994-1995

Teaching Assistant - The Academy for Educational Development, Washington DC, USA

June-September 1992

Instructor - Department of Electrical Engineering, University of Moratuwa

1990-1991

Memberships

Member - Faculty Quality Assurance Committee, Faculty of Arts, University of Peradeniya

Present

Member - University Senate, University of Peradeniya

2019-present

Member - Faculty Research Committee, Faculty of Arts, University of Peradeniya

2012-present

Faculty of Arts Representative to Senate Research Committee - University of Peradeniya

2017-present

Faculty of Arts Representative to University Strategic Planning Committee - University of Peradeniya

2019-present

Member and Chair - Board of Study for Economics & Management, Postgraduate Institute of Humanities & Social Sciences (PGIHS), University of Peradeniya

2015-2018; 2018-present

Member - Board of Management, Postgraduate Institute of Humanities & Social Sciences (PGIHS), University of Peradeniya

2015-2018; 2018-present

Faculty of Arts Representative to Senate Research Committee - University of Peradeniya

2011-2013; 2015-2016; 2016-2019

Member - Honor Society of Phi Kappa Phi (by invitation based on academic merit), American University, Washington DC, USA

1993

Awards

President’s Award for Scientific Publication 2010-2012 - President of Sri Lanka

2014

Dean's Scholar Award - College of Arts and Sciences, American University, Washington DC, USA

1994-1996

Teaching Unit Fellowship - Department of Economics, American University, Washington DC, USA

1994-1996

Hall of Nations Scholar - American University, Washington DC, USA

1992-1993

University of Moratuwa Exhibition Award - University of Moratuwa, Sri Lanka

1984

Publications

CHAPTERS IN BOOKS

“Who are the Microenterprise Owners?: Evidence from Sri Lanka on Tokman v. de Soto,” (co-authored with David McKenzie and Christopher Woodruff), In International Differences in Entrepreneurship, Josh Lerner and Antoinette Schoar (eds), National Bureau of Economic Research (NBER) and University of Chicago Press, 2010

JOURNAL ARTICLES

“What are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka”, (co-authored with Michael Callen, Craig McIntosh and Chris Woodruff), Review of Economic Studies, Vol. 86. No. 6, pp. 2491-2529, 2019

“Labour Drops: Experimental Evidence on the Return to Additional Labour in Microenterprises”, (co-authored with David McKenzie and Christopher Woodruff). American Economic Journal: Applied Economics, Vol 11, No. 1, pp. 202-235, 2019

“Radio Frequency (Un)Identification: Results from a Proof-of-Concept Trial of the Use of RFID Technology to Measure Microenterprise Turnover in Sri Lanka”, (co-authored with Dammika Herath, David McKenzie and Yuvraj Pathak). Development Engineering , Vol. 1, pp. 4-11, 2016

“Business Training and Female Enterprise Start-up, Growth and Dynamics: Experimental Evidence from Sri Lanka”, (co-authored with David McKenzie and Christopher Woodruff). Journal of Development Economics, Vol. 106, pp. 199-210, 2014

“Deposit Collecting: Unbundling the Role of Frequency, Salience and Habit Formation in Generating Savings”, (co-authored with Craig McIntosh and Christopher Woodruff). American Economic Review: Papers & Proceedings, Vol. 103, No. 3, pp. 387-392, 2013

“The Demand for, and Consequences of, Formalization among Informal Firms in Sri Lanka” (co-authored with David McKenzie and Christopher Woodruff). American Economic Journal: Applied Economics, Vol. 5, pp. 122-150, 2013

“Enterprise Recovery following Natural Disasters”, (co-authored with David McKenzie and Christopher Woodruff), Economic Journal, Vol. 122, Issue 559, pp. 64-91, 2012

“One-time Transfers of Cash and Capital have Long-Lasting Effects on Microenterprises in Sri Lanka”, (co-authored with David McKenzie and Christopher Woodruff), Science, Vol. 335, No. 6071, pp. 962-966, 2012

“Getting Credit to High Return Microentrepreneurs: The Results of an Information Intervention” (co-authored with David McKenzie and Christopher Woodruff), World Bank Economic Review. Vol 25, No. 3, pp. 456-485, 2011

“Wage Subsidies for Microenterprises”, (co-authored with David McKenzie and Christopher Woodruff), American Economic Review: Papers & Proceedings, Vol. 100, No. 2, pp. 614-618, 2010

“Are Women more Credit Constrained? Experimental Evidence on Gender and Microenterprise Returns”, (co-authored with David McKenzie and Christopher Woodruff), American Economic Journal-Applied Economics, Vol. 1, No. 3, pp. 1-32, 2009

“Measuring Microenterprise Profits: Must we ask how the sausage is made?,” (co-authored with David McKenzie and Christopher Woodruff), Journal of Development Economics, Vol. 88, No. 1, pp. 19-31, 2009

“Returns to Capital in Microenterprises: Evidence from a Field Experiment” (co-authored with David McKenzie and Christopher Woodruff), Quarterly Journal of Economics, Vol. 123, No. 4, pp. 1329-1372, 2008

“Mental Health Recovery and Economic Recovery after the tsunami: High frequency longitudinal evidence from Sri Lankan small business owners” (co-authored with David McKenzie and Christopher Woodruff), Social Science and Medicine Vol. 66, No. 3, pp. 582-595, 2008

“The Real Interest Differential Model after Twenty Years”, (co-authored with Alan Isaac), Journal of International Money and Finance, Vol. 20, pp. 473-495, 2001

“A Framework to Assess the Economics of Wind Power Generation using Horizontal Axis Wind Turbines” (co-authored with Ioni Fernando, Prasanna Pathirana, Rohan Lucas, Prinath Dias and Shavindra Fernando), The Engineer (Journal of Institution of Engineers, Sri Lanka), Vol. 19, No. 2, 1991

“Evaluation of Grid Connected Rural Electrification Projects in Developing Countries”, (co-authored with Ioni Fernando, Pradeep Perera, Tilak Siyambalapitiya and S.T.K. Rajapakse), IEEE Transactions on Power Systems, Vol. 6, No. 1, 1991

UNPUBLISHED THESIS

“Fiscal Expenditure and the Exchange Rate: A Sticky-Price Rational-Expectations Approach”, PhD Dissertation, American University, Washington DC, 1999

Teaching

ECN (MDP) - Basic Mathematics

University of Peradeniya

To Present

ECN (MA) - Economics of Finance & Investment

University of Peradeniya

To Present

ECN (MA) - Mathematical Economics

University of Peradeniya

To Present

ECN (BA) - Securities and Investment Analysis

Department of Economics

To Present

ECN (BA) - Financial Markets & Development Finance

Department of Economics

To Present

ECN (BA) - Advanced level Macroeconomics

Department of Economics

To Present

ECN (BA) - Introductory level Mathematical Economics

Department of Economics

To Present

Ongoing Research and Projects

PRINCIPAL LOCAL COLLABORATOR/RESEARCHER

Impact Evaluation of Women Entrepreneurs Finance Initiative (We-Fi) Project (Coordinating research project examining the impact of business training (developed and conducted by an external business consulting agency) and access to finance among women entrepreneurs in Sri Lanka. This initiative is conducted by the Ministry of Finance through selected banking institutions with funding from the Asian Development Bank)

CO-PRINCIPAL INVESTIGATOR

Enterprise Growth through Micro-equity Investments (Coordinating research project examining the impact of micro-equity investments in small scale enterprises in Hambantota district)



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Contact Details

Address
Department of Economics & Statistics,
Faculty of Arts,
University of Peradeniya
Peradeniya, 20400,
Sri Lanka
Telephone
Head:+94 (0)81 239 2620
Office:+94 81 239 2621/22
Fax
+94 (0)81 239 2620
Email
econ@pdn.ac.lk
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