Senior Lecturer, University of Hertfordshire (2008-2012)
Maxwell Fry Research Fellow, University of Birmingham (2006-2008)
Assistant Professor, Indian Institute of Management Lucknow (2004-2006)
Corporate / Public Sector Leadership
Research Officer, Reserve Bank of India (2002-2004)
Current Projects
On rural indebtedness (a research study funded by NABARD)
Other Professional Appointments
Fellow of the Higher Education Academy, UK
Member of Editorial Board, Journal of Accounting in Emerging Economies
Member of Editorial Board, Risk Governance and Control: Financial Markets & Institutions
Member of Scientific Board, Journal of Reviews on Global Economics
Research Areas
Macroeconomics
Banking
Financial Markets
Applied Econometrics
Significant Publications
“Efficiency of Micro Finance Institutions in India: A Stochastic Distance Function Approach” (co-author: Nitin Kumar), Journal of Emerging Market Finance, 16(2), 151-168, 2017.
"The Relationship between Competition and Risk Taking Behavior of Indian Banks" (co-author: Sanjukta Sarkar), Journal of Financial Economic and Policy, 8(1), 95-119, 2016.
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"Forecasting the price of gold: An error correction approach" (co-authors: Abhishek Jangir and Kausik Gangopadhyay), IIMB Management Review, 28(1), 6-12, 2016.
"Measuring monetary policy and its impact on the bond market of an emerging economy" (co-author: Indranil Bhattacharyya), Macroeconomics and Finance in Emerging Market Economies, 9(2), 109-130, 2016.
"Corporate governance determinants of FII in Indian IT firms" (co-authors: Vidya Panicker and Sumit Mitra), Indian Journal of Corporate Governance, 9(1), 1-18, 2016.
“Employment Programs for the Poor and Female Empowerment: The Effect of NREGS on Gender-based Violence in India” (co-authors: Sofia Amaral and Siddhartha Bandyopadhyay), Journal of Interdisciplinary Economics, 27(2) 199-218, 2015.
“An analysis of the factors determining crime in England and Wales: A quantile regression approach” (co-authors: Siddhartha Bandyopadhyay and Samrat Bhattacharya), Economics Bulletin, 35(1) 665-679, 2015.
“Crime across conflict and non-conflict states in India” (co-authors: Sofia Amaral, Siddhartha Bandyopadhyay and Samrat Bhattacharya), Economics of Peace and Security Journal, 9(1) 46-56, 2014.
“Non-linearities in emerging financial markets: Evidence from India” (co-author: Ayan Bhattacharya), IIMK Society & Management Review, 2(2): 165-175, 2013.
“State ownership, credit risk and bank competition: a mixed oligopoly approach” (co-author: Bibhas Saha), Macroeconomics and Finance in Emerging Market Economies, 6(1), pp 1-13, 2013
“Mixed Ownership, Managerial Incentives And Bank Competition” (co-author: Bibhas Saha), Bulletin of Economic Research, 63(4), pp 385-403, 2011
“Academic specialization and returns to education: Evidence from India” (co-author: Bibhas Saha), Journal of Education and Work, 24(5), pp 501-520, 2011
“Asymmetric effects of interest rate changes: the role of the consumption-wealth channel” (co-authors: Andy Mullineux and Garry MacDonald), Applied Economics, 43(16), pp 1991-2001, 2011
“Corporate Finance and Macroeconomic Volatility in the European Union” (co-authors: Andy Mullineux and Victor Murinde), International Economics and Economic Policy, 8 (1), pp 79-92, 2011
“Evolving Corporate Financing Patterns in Europe: Is there Convergence?” (co-authors: Andy Mullineux and Victor Murinde), in Welfens, P (Ed.) EU Financial Market Integration, Stability and Growth, Springer: Heidelberg and New York, pp 159-175, 2011
“Partial Privatization and Bank Performance: Evidence from India” (co-author: Subrata Sarkar), Journal of Financial Economic Policy, 2(4), pp 276-306, 2010
“Convergence of Corporate Financing Patterns in Europe” (co-authors: Andy Mullineux and Victor Murinde), Economic Issues,15(2), pp 49-68, 2010
“Efficiency, scale economies and valuation effects: Evidence from bank mergers in India” (co-author: M Jayadev), International Journal of Financial Services Management, 4(4), pp 311-337, 2010
“Are Bank Stocks Sensitive to Risk Management?” (co-author: M Jayadev), Journal of Risk Finance, 10(1), pp 7-22, 2009
“Stock Market Volatility and Market Risk in Emerging Markets: Evidence from India” (co-authors: Sumon Bhaumik and Suchismita Bose), in Gregoriou, G.N (Ed.) Stock Market Volatility, Chapman Hall-CRC/Taylor and Francis: London, pp 571-586, 2009
“Deregulation, Ownership and Profit Performance of Banks: Evidence from India”, Applied Financial Economics, 18(19), pp 1581-1595, 2008
“The Distributive Role of Managerial Incentives in a Mixed Duopoly” (co-author: Bibhas Saha), Economics Bulletin, 12(28), pp 1-10, 2008
“How Effective are Monetary Policy Signals in India?” (co-author: Indranil Bhattacharya), Journal of Policy Modeling, 30(1), pp 169-183, 2008
“Non-Performing Assets in Indian Banking: Magnitude, Determinants and Impact of Recent Policy Initiative” (co-author: Kausik Chaudhuri), in Radhakrishna, R (Ed.) India Development Report, Oxford University Press: New Delhi, pp 134-144, 2008
“Determinants of Merger Activity: Evidence from India” (co-author: Madhuri Agrawal), International Journal of Financial Services Management, 2(4), pp 277-288, 2007
“Mergers in Indian Banking: An Analysis”, (co-author: M Jayadev), South Asian Journal of Management, 14(4), October-December, pp-20-49, 2007
“Interest Rate Signals, Stock Returns and FII Inflows: Exploring the Inter-linkages” (co-author: D Tripati Rao), Metamorphosis, 6(1), pp 54-68, 2007
“School Dropout and Informal Apprenticeship” (co-author: Padmini Dasgupta and Bibhas Saha), India Macroeconomics Annual, pp 88-125, 2006
“Money-Price Variability and Asset Prices Volatility: Evidence from India” (co-author: Deba Prasad Rath), Journal of Quantitative Economics, New Series 4(2), pp 59-74, 2006
“Are Foreign Banks Always the Best? Comparison of State-Owned, Private and Foreign Banks in India”, Economic Modeling, 23(4), pp 717-735, 2006
“Signaling Instruments of Monetary Policy: The Indian Experience” (co-author: Indranil Bhattacharya), Journal of Quantitative Economics, New Series 3(3) pp 180-196, 2005
“Cost and Profit Efficiency of Indian Banks During 1986-2003: A Stochastic Frontier Analysis”, Economic and Political Weekly, pp 1198-1209, March 19-25, 2005
“Economic Reforms and Indian Industry” (co-author: K G Sahadevan) in Srinivasan, R (Ed.) The New Indian Industry: Structure and key players, New Delhi: Macmillan, pp 1-10, 2005
“Net Interest Margin: Does Ownership Matter?” (co-author: Saurabh Ghosh), Vikalpa – The Journal of Decision Makers, 29(1), January-March, 2004
“Divestment and Bank Competition” (co-author: Bibhas Saha), Journal of Economics (Zeitschrift für Nationalokonomie), 81(3), pp 223-247, 2004
“Impact of Terrorist Attacks in U.S.: Examination of Some Macroeconomic Variables” (co-author: Kausik Chaudhuri), Economic and Political Weekly, November 24, 2001, pp 4346-4350
Working Papers
Non-linearites in emerging financial markets: Evidence from India
Ayan Bhattacharya,Rudra Sensarma (2013) Abstract
Determinants Of Crime Across Conflict And Non-Conflict States In India
Rudra Sensarma (2014) Abstract
An Analysis of the Factors Determining Crime in England and Wales: A Quantile Regression Approach