Kausik Chaudhuri

Kausik Chaudhuri

Senior Lecturer

+44 (0)113 34 30192
Academic, Economics, Applied Institute of Research in Economics (AIRE)
GM.18 in Maurice Keyworth 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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