Kausik Chaudhuri

Kausik Chaudhuri

Senior Lecturer

+44 (0)113 34 30192
Academic, Economics
G.39, Liberty Building


BSc and MSc, Calcutta, India
MA and PhD State University of New York at Albany


Visiting Appointments:

  • Indian Institute of Management, Bangalore , India
  • University of New South Wales, Sydney, Australia
  • University of Sydney, Sydney, Australia,
    Madras School of Economics, Chennai, India

Associate Professor, Indira Gandhi Institute of Development Research, Mumbai, India

Consultant/Economist: World Bank, Washington DC, USA


Applied Econometrics, Empirical Development Economics and Political Economy


Current teaching

  • Applied Econometrics (Undergraduate)
  • Applied Econometrics (Postgraduate)
  • Mathematics for Economics and Business (Undergraduate)#

Past Teaching 

  • Economic Growth (undergraduate and postgraduate)
  • Mathematics and Statistics for Business and Economics 1: Statistics Component

Published Papers (including chapters in edited books)

1. Estimation of firm performance from a MIMIC model (co-author S.C. Kumbhakar and  L. Sundaram), European Journal of Operational Research, vol. 255(1), 298-307, 2016

2. Forecasting distributions of inflation rates: the functional auto-regressive approach (co-author M. Kim and Y. Shin), Journal of Royal Statistical Society-Series A: Statistics in Society, vol. 179(1), 65-102, 2016

3. Subsidized Credit versus Public Works Programme in Rural India (co-author D. Dasgupta), Chapter 13, Environment and Development : Essays in Honour of Dr U. Sankar, edited by K. R. Shanmugam and K. S. Kavi Kumar, Sage, 2016

4. A Markov-Switching Model for Indian Stock Price and Volume (co-author A. Kumar) Journal of Emerging Market Finance, vol. 14(3):239-257, 2015

5. Job satisfaction, age and tenure: A generalized dynamic random effects model (co-author K.T. Reilly and D. A Spencer), Economic Letters, vol.130(13-16), 2015

6. Crime in India: specification and estimation of violent crime index (co-author P. Chowdhury and S. C. Kumbhakar), Journal of Productivity Analysis,, vol. 43(1), pages 13-28, 2015

7. A New Perspective on Violent Crime Burden Index: Evidence from Indian Districts (co-author P. Chowdhury and K. Reilly), Social Indicators Research- An International and Interdisciplinary Journal for Quality-of-Life Measurement,, vol. 110(2), pages 771-789, 2013

8. On the Asymmetric U-Shaped Relationship between Inflation, Inflation Uncertainty, and Relative Price Skewness in the UK (co-author M. Greenwood-Nimmo, M. Kim & Y. Shin, Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(7), pages 1431-1449, 2013

9. Credit Rationing in Rural Credit Markets of India (co-author M. Cherical), Applied Economics, vol. 44(7), pages 803-812, 2012

10. Financial Performance Evaluation (co-author T. Chowdhury), Journal of Emerging Market Finance, vol. 11(1), pages 1-36, 2012

11. Gender Equality in Fertility Choices in Tamil Nadu (co-author A. Chakrabarti), Journal of South Asian Development, vol. 6(2), pages 195-212, 2011

12. The Size and Development of the Shadow Economy in India: A First Attempt at a Public Choice Explanation (co-author F. Schneider), Chapters, in: Handbook on the Shadow Economy, chapter 3 Edward Elgar Publishing, 2011.

13. Gender gap in educational attainment: evidence from rural India (co-author S. Roy), Education Economics, vol.17(2), 215-238, 2009

14. U.S. Natural-Gas Volatility and the Collapse of Enron (co-author S. Abosedra and A. Dah), The Journal of Energy and Development 

15. School Dropouts and Economic Growth: A Cross-Country Analysis (co-author P.  Maitra), Review of Development Economics, vol. 12(1), 90 – 105, 2008 

16. Non-Performing Assets in Indian Banking: Magnitude, Determinants and Impact of Recent Policy Initiative, (co-author R. Sensarma), India Development Report (Chapter 9), edited by Prof. K. S. Parikh and Prof. R. Radhakrishna, 2007.  

17. Antenatal and Maternal Health Care Utilization: Evidence from North-Eastern States of India (co-author A. Chakrabarti), Applied Economics, Volume 39, No. 6, 683 – 695, August 2007.  

18. A Dynamic Panel Macroeconometric Model for Labour Markets: Evidence across Australian States (co-author J. Sheen), Topics in Macroeconomics, The B.E. Journals in Macroeconomics, Volume 7, Issue 1, Article 1, January 2007, Available at: http://www.bepress.com/bejm/vol7/iss1/art1  

19. Do Parents Spread Educational Expenditure Evenly across the Two Genders? (co-author S. Roy), Economic and Political Weekly, Volume 41, No. 51, December 23, 2006

20. WTO, the TRIPs and Indian Pharmaceutical Industry (co-author S. Das), Journal of Quantitative Economics, New Series Volume 4, No. 1, 97-110, November 2006 

21. The Size and Development of the Shadow Economy: an Empirical Investigation from States of India (co-author S. Chattopadhyay and F. Schneider), Journal of Development Economics, Vol. 80(26), 428-443, August 2006 

22. Political Budget Cycles in Indian States: an Empirical Investigation (co-author S. Dasgupta), Journal of Development Studies, Vol. 42(4), 640 - 661, May 2006  
23. The Political Determinants of Central governments’ Economic Policies in India: an Empirical Investigation (co-author S. Dasgupta), Journal of International Development, Vol. 17(7), 957 – 978, October 2005
24. Is Devaluation working? Evidence from India in phase of Economic Liberalization, Journal of Quantitative Economics, New Series, Vol. 3(2), 67 – 81, July 2005 
25. An Empirical Analysis of Industrial Disputes: Evidence from Indian States (co-author R. Pal), Journal of Quantitative Economics, New Series, Vol. 3(1), 115-132, January 2005 

26. Purchasing Power Parity across States and Goods within Australia (co-author J. Sheen), Economic Record, Volume 80(250), 314-329, September 2004  

27. Deficit, Money and Price: the Indian Experience (co-author S. Chattopadhyay and S. Asra) Journal of Policy Modeling, Volume 26(3), 289-299, April 2004 

28. Fluctuations in Output in Indian Agriculture and Industry- a Reexamination (co-author R. Kavita Rao) Journal of Policy Modeling, Volume 26(2), 223-237, February 2004  

29. Stock Market and Aggregate Economic Activity: Evidence from Australia (co-author S. Smiles) Applied Financial Economics, Volume 14(2), 121-129, January 2004 

30. Mean Reversion in Stock Returns in Emerging Markets: Evidence using Panel data (co-author Y. Wu) Managerial Finance, Volume 30(1), 22-37, January 2004 

31. Random Walk versus Breaking Trend in Stock Prices: Evidence from Emerging Markets (co-author Y. Wu), Journal of Banking and Finance, Volume 27(4), 575-592, April 2003.  

32. Real Exchange Rate Fluctuations in Indian Currency: Role of Real and Nominal Factors, The Empirical Economics Letters, Volume 1(2), November 2002 

33. Convergence of Inflation Rates during Flexible Exchange Rate Period, Indian Economic Review, 37(1), 59-68, Jan.-June 2002 

34. Electoral Cycles and The Economic Policies of Governments in India (co-author S. Dasgupta), India Development Report (Chapter 15), edited by Prof. K. S. Parikh and Prof. R. Radhakrishna 

35. Impact of Terrorist Attacks in US: Examination of some Macroeconomic Variables (co-author R. Sensarma), Economic and Political Weekly, 4346 – 4350, November 24, 2001

36. Volatility of Stock Returns: Importance of Economic Fundamentals (co-author K. Koo), Economic and Political Weekly, 3852 - 3856, October 6, 2001
37. Long Run Prices of Primary Commodities and Oil Prices, Applied Economics, 33 (4), 531 – 538, March 2001  

38. Dearth of Private Capital Flows in Sub-Saharan Africa, (co-author D. K. Srivastava), Applied Economic Letters, 6(6), 365 – 368, June 1999 

39. Long Run Equilibrium Real Exchange Rates and Oil Prices, (co-author B. C. Daniel), Economic Letters, 58(2), 231 – 238, February 1998
40. Purchasing Power Parity: Evidence from South Asian Economies, Indian Journal of Economics, 291 – 303, January 1998 

41. Cointegration, Error Correction and Granger Causality: an Application with Latin American Stock Markets, Applied Economics Letters, 4(8), 469-471, August 1997 

42. Stock Returns in Emerging Markets: a Common Trend Analysis, Applied Economic Letters, 4(2), 105-108, February 1997 

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