Assistant Professor, University of Wisconsin-Milwaukee
Associate Professor of Economics (with Tenure), Department of Economics, University of Wisconsin-Milwaukee Fall 2012-
Assistant Professor of Economics, Department of Economics, University of Wisconsin-Milwaukee, Fall 2007-Spring 2012.
Assistant Professor of Economics, Department of Economics, Texas Tech University, Fall 2005-Spring 2007
University of Washington, Seattle, PhD in Economics, August 2005
Delhi School of Economics, Delhi, India, MA in Economics, 2000
University of Delhi, Delhi, India, BA Honors in Economics, 1998
Fields of Specialization
Macroeconomics and Monetary Economics, Financial Economics
Time Series Econometrics, Forecasting, Indian Economy
A Note on Time-Variation in a Forward-Looking Monetary Policy Rule: Evidence from European Countries, forthcoming, Macroeconomic Dynamics.
Bank Lending Channel in India: Evidence from Indian States (with Vipul Bhatt), forthcoming, Empirical Economics
Modeling Inflation in India: The Role of Money, forthcoming, Singapore Economic Review.
VAR Estimation and Forecasting When Data are Subject to Revision (with Evan F. Koenig), Journal of Business and Economic Statistics, 2012, 30(2), pp. 181-190.
Business Cycle Synchronization in the Proposed East African Monetary Union: An Unobserved Component Approach (with John M. Ssozi), Review of Development Economics, 2011, 15(4), pp. 664-675.
Data Revisions in India: Implications for Monetary Policy, Journal of Asian Economics, 2011, 22(2), pp. 164-173.
Inflation Convergence and Currency Unions: The Case of the East African Community (with John Ssozi), Indian Growth and Development Review, 2010, 3(1), pp. 36-52.
The Success of the Fed and the Death of Monetarism (with Levis A. Kochin), Economic Inquiry, 2007, 45(1), pp. 56-70.
Does Consumption Respond More to Housing Wealth than to Financial Market Wealth? If So, Why? Journal of Real Estate Finance and Economics, 2007, 35(4), 427-448.
Revise and Resubmit
Yield Spreads as Predictors of Economic Activity: A Real-Time VAR Analysis (with Evan F. Koenig), (Revision Resquested, Journal of Money, Credit and Banking).
The Instability in the Monetary Policy Reaction Function and Estimation of Monetary Policy Shocks (with Monique Newiak), (Revision Resubmitted, Contemporary Economic Policy).
Consumption-Wealth Ratio and Expected Housing Return (with Swati Kumari), (Revision Requested, Journal of Real Estate Research)
Are Shocks to Food and Energy Prices Transitory? Evidence from Indian Economy (with Vipul Bhatt) ), (Revision Requested, Journal of Policy Modeling)
The Time-Varying Response of Foreign Stock Markets to U.S. Monetary Policy Surprises: Evidence from the Federal Funds Futures Market (with Hardik Marfatia) Revision Requested, Journal of International Financial Markets, Institutions and Money)
Other Publication (Peer Reviewed)
The Superiority of Greenbook Forecasts and the Role of Recessions, National Bank of Poland Working Paper
Consumption and Expected Asset Returns: An Unobserved Component Approach (with Swati Kumari) Under Review.
Do Fluctuations in the Consumption-Wealth Ratio Predict Aggregate Stock Returns in Real-Time?
What Moves the Price-Rent Ratio? A Latent Variable Approach (with James Morley).
A Time-Varying Parameter Model for a Forward-Looking Monetary Policy Rule Based on a Real-Time Data (with Chang-Jin Kim and Charles R. Nelson).
Testing Fiscal Sustainability using the Present-Value Model (with Antonio Galvao and Fabio Reis Gomes).
Rude Awakenings: Contrasts between the European Sovereign Bond Market during the Interwar and Today (with Shilpa Jindal and Antu Murshid).
Visiting Fellow, Delhi School of Economics, June-August 2007.
Faculty, Wind Science and Engineering Research Center, Texas Tech University, Fall 2005-2007.
Research Assistant to Prof. Charles R. Nelson, 2004.
Intern at the Federal Reserve Bank of Dallas, June - September 2003.
Research Assistant at Delhi School of Economics, Delhi, India, 1999.
Assistant Professor at University of Wisconsin-Milwaukee
Graduate Econometrics, Graduate Time-Series Econometrics, Graduate Macroeconomics, Seminar Course in Empirical Macroeconomics, Forecasting Methods, Intermediate Macroeconomics,
Assistant Professor at Texas Tech University
Intermediate Macroeconomics, Graduate Macroeconomics
Instructor at University of Washington
Introductory Econometrics, Graduate Mathematical Economics (Refresher Course), Intermediate Macroeconomics, Introductory Macroeconomics
Teaching Assistant at University of Washington
Graduate Macroeconomics, Graduate Microeconomics, Introductory Microeconomics, Introductory Macroeconomics