Citra Amanda

Citra Amanda

Economist for Transition Finance and Carbon Market

Profile

Citra Amanda joined ERIA in January 2026 as an Economist for Transition Finance and Carbon Market. She holds a PhD in Finance from the Department of Accounting and Finance at the University of Auckland. Her research interests include banking and finance, climate and transition finance, capital markets, asset pricing, and financial economics. She has published in reputable academic journals and serves as a reviewer for Finance Research Letters, Economic Analysis and Policy, and the Journal of Banking & Finance.

Prior to joining ERIA, she worked as a Research Specialist at Bank Indonesia (the Central Bank of Indonesia), a Lecturer at BINUS University and Newcastle University (Australia), and an Industry Analyst at the Indonesia Deposit Insurance Corporation (LPS).

Expertise

  • Banking and Financial Institutions
  • Financial Economics
  • Sustainable Finance
  • Risk Management
  • Digital Finance and Technology

Education

2017 – 2021

PhD in Finance

The University of Auckland Business School, New Zealand

2012 – 2014

Master in Science Management

Universitas Indonesia

2008 – 2011

Bachelor of Economics

Padjadjaran University

2009

Business Administration

Ajou University, South Korea

2008 – 2013

Bachelor of Statistics

Open University Indonesia

Experience

Jan 2026 – Present

Economist

ERIA

2023 – 2026

Research Specialist, Senior Manager

Central Bank of Indonesia (BI)

2021 – 2023

Assistant Professor

Finance Program, BINUS University

2014 – 2017

Industry Analyst

Indonesia Deposit Insurance Corporation (LPS)

2011 – 2013

Management Accountant

Voith Paper Gm BH

Select Publications

  • Amanda, C., Margaritis, D. & Jayasuriya, D. (2025), 'Bank resolution and shadow pricing of rural banks equity'. SN Business and Economics 5, 190.
  • Yang, S. H., Jiang, R. A., Chang, C. P., Rishanty, A., & Amanda, C. (2025), 'The Impact of Digital Economy on the Quality Structure of Green Innovation'. Emerging Markets Finance and Trade, 1–15.
  • Anestiawati, C. A., Amanda, C., Khantinyano, H. and Agatha, A. (2025), 'Bank Fin Tech and credit risk: comparison of selected emerging and developed countries', Studies in Economics and Finance, Vol. ahead-of-print No. ahead-of-print.
  • Amanda, C., & Pradipta, A. D. (2024). 'Risk-Based Premiums of Insurance Guarantee Schemes: A Machine-Learning Approach'. Journal of Indonesian Economy and Business, 39(2), 121-142.
  • Amanda, C. (2023). 'Rural banking spatial competition and stability'. Economic Analysis and Policy, Vol 78, June 2023, Pages 492-504.
  • Amanda, C. (2023). 'Spatial competition on rural bank efficiency: Evidence from Indonesia'. Cogent Economics & Finance, 11(1), 2190216.
  • Amanda, C., & Pradipta, A. D. (2023). 'Deposit insurance for New Zealand: New scheme for the banking industry'. Corporate Governance and Organizational Behavior Review, 7(1), 140–149.
  • Ariefianto, D., Amanda, C., & Ananto Husodo, Z. (2024). 'Term structure of interest rate and macro economy: an empirical study on selected emerging countries sovereign bond'. Journal of Capital Markets Studies, 8(2), 195-211.
  • Sun, Y., Amanda, C. and Centana, B. C. (2023), 'The effect of hashrate, transaction volume, social media and macroeconomics on Bitcoin before and during the COVID-19 pandemic', Asian Journal of Accounting Research, 8(3), 293-306.
  • Handoko, B. L., Winoto, A., Kasenda, F., Amanda, C., & Wijaya, O. H. (2022, December). 'Behavioral Finance Model on Investor Decision Making in Cryptocurrency Airdrops'. In Proceedings of the 2022 4th International Conference on E-Business and E-Commerce Engineering (pp. 138-144).
  • Amanda, C. (2021). 'The risk of sub-prime mortgage crisis and COVID-19 pandemic: Lesson learned from indonesia'. Indonesian Journal of Business and Entrepreneurship (IJBE), 7(1), 73-73.
  • Amanda, C., & Husodo, Z. A. (2015). 'Empirical Test of Fama French Three-Factor Model and Illiquidity Premium in Indonesia'. Corporate Ownership and Control, 12 (2), 369-380.