

Sushanta Kumar Mallick
BA
(Hons.) (Utkal), MA (Hyderabad), PhD (Warwick)
Professor of International Finance
Queen Mary
University of London
Telephone: +44 (0)20-7882 7447
Fax: + 44 (0)20-7882 3615
E-mail: s.k.mallick@qmul.ac.uk
I am a Professor
at the
Recent and Forthcoming Papers
1.
The real effects of financial stress in the Eurozone (with Ricardo M. Sousa), International Review of Financial
Analysis (forthcoming).
2.
Explaining cross-country differences in exporting
performance: The role of country-level macroeconomic environment (with Yong
Yang), International Business Review (forthcoming).
3.
Fiscal Policy and Crowding-Out in Developing Asia
(with Seok-Kyun Hur and
4.
Productivity performance of export market entry and
exit: Evidence from Indian firms (with Yong Yang), Review of International Economics
(forthcoming).
5.
Impact of
6.
Disentangling the poverty effects of sectoral output, prices and policies in
7.
Fiscal Policy in the BRICs
(with Fredj Jawadi and
Ricardo M. Sousa), Studies in Nonlinear Dynamics & Econometrics (SNDE)
(forthcoming).
8.
Commodity prices, inflationary pressures, and monetary
policy: Evidence from BRICS economies (with Ricardo M. Sousa), Open
Economies Review (forthcoming).
9.
Exchange rate regime, real misalignment and currency
crises (with Oliver Holtemöller), Economic
Modelling (forthcoming).
10. Determinants of Bank
Credit Default Swap Spreads: The role of the housing sector (with Nadia Benbouzid), North-American Journal of Economics and
Finance, 24 (1): 243–259, January 2013.
11. Identifying sources of
macroeconomic and exchange rate fluctuations in the UK (with James P.
Cover), Journal of International Money and Finance, 31 (6): 1627-1648,
October 2012.
12. Financial reforms and
income inequality (with Luca Agnello and Ricardo
M. Sousa), Economics Letters, 116 (3): 583-587, September 2012.
13. Real
Effects of Monetary Policy in Large Emerging Economies (with Ricardo M.
Sousa), Macroeconomic Dynamics, 16 (S2): 190-212, September 2012.
14. Pricing to market
with trade liberalization: The role of market heterogeneity and product
differentiation in India’s exports (with Helena Marques), Journal
of International Money and Finance, 31 (2): 310-336, March 2012 [This paper was included in Media
Briefings following presentation at the Royal Economic Society Annual
Conference during 18-20 April 2011].
Papers published in Referred-Journals during 2010-2011 (in reverse chronological order)
1.
Sources
of Financing, Profitability and Productivity: First Evidence from Matched Firms
(with Yong Yang), Financial Markets, Institutions and Instruments, 20 (5):
221–252, December 2011.
2.
Chinese Exchange Rate and
Price Effects on G3 Import Prices (with Brigitte Granville and Ning Zeng), Journal of Asian Economics,
22 (6): 427-440, December 2011 (published as lead article).
3.
On the Real
Effects of Inflation in Open Economies: Theory and Empirics (with Mohammed Mohsin), Empirical Economics, 39 (3):
643-673, December 2010.
4.
Export-Premium,
Self-selection and Learning-by-Exporting: Evidence from Chinese Matched Firms
(with Yong Yang), The World Economy, 33 (10):
1218–1240, October 2010.
5.
Income
and poverty in a developing economy (with A.K. Chattopadhyay
and G. J. Ackland), Europhysics
Letters (EPL), 91 (5), 58003, September 2010.
6.
The
Impact of Information Technology on the Banking Industry (with Shirley Ho),
Journal
of the Operational Research Society, 61 (2): 211-221, February 2010.
7.
Monetary Policy in
Russia: Identifying exchange rate shocks (with Brigitte Granville), Economic
Modelling, 27 (1): 432-444, January 2010.
8.
Data
frequency and exchange rate pass-through: Evidence from India's exports (with Helena Marques), International
Review of Economics and Finance, 19 (1): 13-22,
January 2010.
Referred-Journal publications during 2008-2009
1.
Monetary and Financial
Stability in the Euro Area: Pro-cyclicality versus Trade-off (with Brigitte
Granville), Journal of International Financial Markets, Institutions & Money, 19 (4): 662–674, October 2009.
2.
Estimating
consumption deprivation in India using survey data: A state-level rural-urban analysis
before and during reform period (with T. Krishna Kumar and Jayarama Holla), Journal
of Development Studies, 45 (4): 441-470, April 2009 (published as lead
article).
3.
The Effect of Monetary
Policy on Output in EMU3: A Sign Restriction Approach (with M.S. Rafiq), Journal of Macroeconomics, 30 (4):
1756-1791, December 2008.
4.
On
Network Competition and Solow Paradox: Evidence from U.S. Banks (with
Shirley Ho), The Manchester School, 76 (s1): 37-57, September 2008.
5.
Pass-through
of exchange rate and tariffs into import prices of India: Currency depreciation
versus import liberalization (with Helena Marques), Review of International Economics,
16 (4): 765-782, September 2008.
6.
Income distribution and consumption deprivation: An
analytical link, Journal of Income Distribution,
17 (2): 25-36, June 2008.
7.
When does growth trickle down to the poor? The Indian
case (with Santonu Basu), Cambridge
Journal of Economics, 32 (3): 461-477, May 2008.
8.
Exchange
rate transmission into industry level export prices: A tale of two policy
regimes in India (with Helena Marques), IMF Staff Papers, 55 (1):
83-108, April 2008.
9.
Foreign
capital in a growth model (with Tomoe Moore), Review of Development Economics,
12 (1): 143-159, February 2008.
Referred-Journal Publications during 2001-2007
1.
Monetary
Policy in High Inflation Open Economies: Evidence from Israel and Turkey
(with Mohammed Mohsin), International Journal of Finance
and Economics, 12 (4): 405-415, October 2007.
2.
On
the Effects of Inflation Shocks in a Small Open Economy (with Mohammed Mohsin), Australian Economic Review, 40 (3):
253-266, September 2007.
3.
Income
distribution dependence of poverty measure: A theoretical analysis (with Amit Chattopadhyay), Physica A: Statistical
Mechanics and its Applications, 377 (1): 241–252, April 2007.
4.
Policy
Instruments to Avoid Output Collapse: An Optimal Control Model for India, Applied
Financial Economics, 16 (10): 761-776, June 2006.
5.
Does
inflation or currency depreciation drive monetary policy in Russia? (with
Brigitte Granville) Research in International Business and Finance, 20 (2):
163-179, June 2006.
6.
Sectoral exchange rate pass-through: Testing the impact of
policy reforms in India (with Helena Marques), Scottish Journal of Political
Economy, 53 (2): 280-303, May 2006.
7.
Impact of World Bank
lending in an adjustment-led growth model (with Tomoe Moore), Economic
Systems, 29 (4): 366-383, December 2005 (published as lead article).
8.
Tight credit policy
versus currency depreciation: Simulations from a trade and inflation model of
India, Journal of Policy Modeling, 27 (5), 611-627, July 2005.
9.
Financial Globalisation: The Need for a Single Currency and a Global
Central Bank (with Philip Arestis and Santonu Basu), Journal
of Post Keynesian Economics, 27 (3), 507-531, Spring
2005.
10. How
best to link poverty reduction and debt sustainability in IMF-World Bank
Models? (with Brigitte Granville), International
Review of Applied Economics, 19 (1): 67-85, January 2005.
11. Pension
Reforms and Saving Gains in the UK (with Brigitte Granville), The Journal of Policy Reform, 7
(2): 123-136, June 2004.
12. Fisher
Hypothesis: UK evidence over a century (with Brigitte Granville), Applied
Economics Letters, 11 (2), February 2004, 87-90.
13. A Dynamic Macroeconometric Model for Short-Run Stabilization in India, Applied Economics, 36 (3), February 2004, 261-276.
14. Determinants of Long-term Growth in India: A Keynesian Approach, Progress in Development Studies, 2 (4), October 2002, 306-324.
15. A Linear Liquidity Preference Function admitting a Liquidity Trap with Application to India (with T.K. Kumar), The Asia Pacific Journal of Economics and Business, 5(2), December 2001, 67-81.
16. Dynamics of Macroeconomic Adjustment with Growth: Some Simulation Results, International Economic Journal, 15(1), Spring 2001, 115-139.
Chapters in Books
1.
Financial intermediation and economic development:
Evidence from Bihar (with Sanjay Banerji, Krishna Gangopadhyay, and Prashant
Gupta), in Ashima Goyal
(ed.), Handbook of the Dynamic Indian Economy, Oxford University
Press,
2.
Assessing Exchange Rate Pass-Through in India during
Recent Globalization (with Helena Marques), in Helena Marques, Elias Soukiazis, and Pedro Cerqueira
(eds.), Integration and Globalization: Challenges for Developed and Developing
Countries, Edward Elgar, 2009, pp.143-161.
3.
A macroeconomic policy approach to poverty reduction,
in Subrata Ghatak and Paul
Levine (ed.), Development Macroeconomics: Essays in Memory of Anita Ghatak, Routledge, 2009,
pp.95-119.
4.
Does Technological Change Induce Unemployment? (with Santonu Basu), in Arestis, P., and J.S.L. McCombie
(ed.), Missing Links in the Unemployment Relationship, Palgrave
Macmillan, 2009, pp.158-181.
5.
Is Growth Alone Sufficient to Reduce Poverty? In
Search of the Trickle Down Effect in Rural India (with Santonu
Basu), in Arestis, P., M. Baddeley and J.S.L. McCombie (ed.),
Economic
Growth: New Directions in Theory and Policy, Edward Elgar, 2007,
pp.259-278.
6.
Monetary Policy in Russia (with Brigitte Granville),
in Lucio Vinhas de Souza
and Oleh Havrylyshyn
(eds.), Return to Growth in CIS Countries and the Macroeconomic Framework,
Springer, 2006, pp.73-89.
7.
Integrating Poverty Reduction in IMF-World Bank Models
(with Brigitte Granville), in Alberto Paloni and
Maurizio Zanardi (eds.), The IMF, World Bank
and Policy Reform, Routledge:
8.
Designing Adjustment Policies with Growth for India:
An Optimal Control Framework, in V. Pandit and K. Krishnamurty
(eds.), 2004, Economic Policy
Modelling for India, Oxford University Press, New Delhi, pp.110-133.
9. Does
capital market reform boost savings? Evidence from the UK Pension Reforms
(with Brigitte Granville), in Seiichi Masuyama and
Donna Vandenbrink (eds.), 2004, The Development
of Capital Markets and their Governance, Tokyo Club Papers No. 16,
Tokyo Club Foundation for Global Studies: Tokyo, pp.7-36.
Working Papers
1.
Disentangling
the poverty effects of sectoral output, prices and
policies in India, UN-ESCAP Development Papers 1202, May 2012,
2.
What
explains cross-country growth in South Asia? Female education and the growth
effect of international openness (with Arusha Cooray), BWPI Working Paper No. 145, 2011.
3.
Fiscal
Policy and Crowding Out in Developing Asia (with
4.
Effectiveness
of Countercyclical Fiscal Policy: Time-Series Evidence from Developing Asia
(with S. Jha, D. Park, and P. Quising),
ADB Economics Working Paper No. 211, August 2010.
5. Exchange Rate
Pass-through in India’s Exports to Developed and Emerging Markets (with Helena
Marques), RIS Discussion Paper No.144,
September 2008.
6.
A macroeconomic policy approach to poverty
reduction, BWPI Working Paper No.31, March 2008.
7. Estimating Consumption Deprivation in India using Survey Data: A State-Level Rural-Urban Analysis before and during Reform Period (with T. Krishna Kumar and Jayarama Holla), Centre for Globalisation Research, Working Paper No.7 (October 2007).
8.
Foreign
Capital in a Growth Model (with Tomoe Moore), Centre for Globalisation Research, Working Paper No.5 (September
2007).
9.
Pass-through
of Exchange Rate and Tariffs into Import Prices of India: Currency Depreciation
versus Import Liberalisation (with
10. The Impact of
Information Technology on the Banking Industry: Theory and Empirics (with
Shirley Ho), presented at the Workshop on Knowledge Flows, Queen Mary,
University of London, 23 March 2007.
11. Income distribution dependence of
poverty measure: A theoretical analysis (with Amit
Chattopadhyay), 2005.
12. Is
Growth Alone Sufficient to Reduce Poverty? In Search of the Trickle Down Effect
in Rural India (with Santonu Basu),
2004, presented at Sir Arthur Lewis Anniversary Conference,
13. Global
price transmission from China (with Brigitte Granville), 2004, presented at
the T5
Research Conference, held at The Brookings Institution, Washington
DC, 9-10 February.
14. Integrating poverty
Reduction in IMF-World Bank Models? (with Brigitte Granville), presented at
the 2003 Annual DSA Conference,
Book Reviews
Fifteen books reviewed in the areas of econometrics,
monetary, financial and development economics, which are published in the
following journals: Economic Journal (2003), International Review of
Applied Economics (2003),
Canadian Journal of Development
Studies (2003), Journal of
Development Studies (2003),
International Affairs (2002, 2003, 2004), Progress in Development Studies (2001), Kyklos (1994), Deccan Herald (1993), Southern Economist (1993), Indian Economic Review (1993), Indian Journal of Applied Economics
(1992), Journal of Quantitative
Economics (1992), International
Journal of Development Banking (1992).
Journal Publications in the 1990s
1.
Designing Adjustment Policies with Growth for India:
An Optimal Control Framework, Journal
of Quantitative Economics
(special issue: policy modelling for India), 15(2):
161-176, July 1999.
2.
Causality between Exports and Economic Growth in
India: Evidence from Cointegration based Error
Correction Models, Indian Journal of Economics, 76(302): 307-320, January 1996.
3.
International Trade and Economic Growth: An Examination
of Interdependence using VARs with reference to India, Journal of Foreign Exchange and International Finance, 8(4):
437-446, January-March 1995.
4.
Neoclassical Models of Economic Growth: Old and New, Indian Economic Journal, 42(4):
76-88, April-June 1995.
5.
A Non-econometric Review of Indian Macroeconomic
Models (with T.K. Kumar), Arthavijnana, 37(1): 1-45, March 1995.
6.
Macroeconomic Adjustment in India: Policy and
Performance in the Recent Years (with T.K. Kumar), Journal of Indian School of Political Economy, 7(1): 44-68,
January-March 1995.
7.
Exports and Economic Growth, Journal of Indian School of Political Economy, 6(3): 505-515,
July-September 1994.
8.
Capital Formation in Indian Agriculture: Recent
Trends, Indian Journal of Agricultural
Economics, 48 (4): 667-677, October-December 1993.
9.
The Small Scale Industries in Orissa: A Profile, Small
Enterprises Development, Management and Extension (SEDME) Journal,
20(3): 1-12, September 1993.
10. Exports Growth
and Industrial Development: Empirical Evidence from India, Indian Journal of Quantitative
Economics, 8 (1 & 2): 99-105, 1992.
Academic Refereeing
Guest Editor: International Journal of Public Policy (2012); International Journal of Business and Emerging Markets (2012); International Journal of Monetary Economics and Finance (2011).
Guest Co-editor: Review of International Economics (2012); Macroeconomics and Finance in Emerging Market Economies (2012); International Journal of Economic Policy in Emerging Economies (2011, 2010); International Journal of Trade and Global Markets (2010); The Journal of Financial Decision Making (2009)
Member: AIEFS – Association of Indian
Economic and Financial Studies [Executive Committee (2009- )]; European
Economics and Finance Society (EEFS)
[Scientific Committee (2007- )]
Conference Organizer: Co-organized a Workshop on ‘International
Political Economy and Cross-Border Effects’ at Queen Mary, University of
London, UK; Co-organized an International
conference on Quantitative Approaches to Public Policy (QAPP) – in honour of Professor T Krishna Kumar – at Indian Institute
of Management Bangalore, 10-12 August 2009.
Conference Papers Reviewer: Reviewed papers for AIB, INFER and INFINITI
Conferences.
Grant Proposals and Reports
Assessor: ESRC,
Foundation for Science and Technology (FCT),
Ph.D. Thesis Examiner: Loughborough
University (2012); University of East Anglia (2012); Pondicherry University
(2012, 2011); London Metropolitan University (2012); University of London
(2011, 2009, 2007); University of Leicester (2011, MPhil);
University of Warwick (2010); Lancaster University (2010); Kingston University
(2010); IIT Bombay (2010); Coventry University (2009); University of Hull
(2008); University of Newcastle Australia (2008, Doctorate).
Book Proposals Reviewer: Ashgate, McGraw-Hill,
Here is a list of
some interesting links
Centre for Globalisation
Research, Queen Mary,
My
photo in a conference in New York
FairModel A
macroeconometric model of the
Economists on the Web
Some Economists’ home pages
Some other links:
Ministry of Finance Government of
Reserve Bank of India

Please forward your comments and suggestions to: s.k.mallick@qmul.ac.uk