Macro Workshop

This is the second edition of the Macroeconomics Workshop series that the department started in 2020. The workshop is in hybrid mode, and can be attended both online and in-person. The department wishes to make this two-day gathering an enabling and enriching platform for the exchange of new ideas with some of the most renowned economists of the world. There are 8 paper presentations over a span of two days, each followed by a discussion session. The workshop is being presided by two esteemed plenary speakers, Dr Per Krussell, from the University of Stockholm and Dr Kartik B Athreya, Executive Vice President and Director (Research), from Federal Reserve Bank of Richmond.

Click here for the Registration link

Plenary Speakers

Dr. Per Krusell
Professor of Economics, Institute for International Economic Studies, Stockholm University, Sweden

Per Krusell is a Professor of Economics at the Institute for International Economic Studies at Stockholm University, Sweden. Prior to his current position, he was a full professor at Princeton University (2004–2009) and, prior to that, at the University of Rochester; after his Ph.D. in economics at the University of Minnesota in 1992, he held positions at Northwestern University and the University of Pennsylvania and then joined the University of Rochester in 1994. He has served at the committee for the Sveriges Riksbank Prize in Economic Sciences in Honor of Alfred Nobel for many years; he was its chairman 2011–2013 and is currently the committee’s secretary. He has received numerous grants and awards; in 2020, he was the
President of the European Economic Association.

Professor Krusell’s research lies within macroeconomics, broadly defined: he has studied the role of technological change for economic growth and business cycles, political economy and public economics, labor markets, behavioral economics, and the causes and effects of inequality among consumers in their income and wealth. In collaboration with Anthony A. Smith, Jr. he developed the most widely-used computational algorithm for analyzing macroeconomic business-cycle models with heterogeneous consumers. Over the last decade and a half, his research also includes a number of studies of economics and climate change, as well as, most recently, macroeconomic studies of COVID-19. His work has earned close to 18,000 Google Scholar citations and he has published numerous papers in the top-5 international journals in economics.

Dr. Kartik B Athreya
Executive Vice President and Director of Research, Federal Reserve Bank of Richmond

Kartik Athreya is executive vice president and director of research at the Federal Reserve Bank of Richmond. Athreya's work has been published in a variety of academic journals, including the Journal of Monetary EconomicsAmerican Economic Journal: Macroeconomics, and International Economic Review. He is also an associate editor at the Journal of Economic Dynamics and Control. In recent years, Athreya has taught a doctoral course in macroeconomics at the University of Virginia and authored a book entitled Big Ideas in Macroeconomics (2013, MIT Press). He earned his doctorate from the University of Iowa in 2000.

Athreya's research interests are in macroeconomics and consumer finance. His current research aims to measure and understand household financial distress and debt repayment decisions, to quantify the links between household investments in human capital and in the stock market, and to assess the importance of risks associated with college enrollment for educational attainment and inequality.

Program Schedule

Registration - 5 May 2022 - 1:00 PM tp 2:00 PM

Venue: CO21
5 May 2022

2:00 PM - 2:10 PMInauguration and Welcome Address by Dr Ananya Mukherjee, Vice Chancellor, Shiv Nadar University, Delhi-NCR
2: 10 PM- 2:15 PMOpening Remarks by Dr Partha Chatterjee, Head of the Department, Economics, Shiv Nadar University, Delhi-NCR
2:15 PM - 3:15 PMPLENARY SESSION by Dr Per Krusell, Stockholm University (online)
3:15 PM - 3:30 PMTEA BREAK
3:30 PM - 4:10 PMDevasmita Jena, Madras School of Economics - "Monetary Response to Oil Price Shock in Asian Oil Importing Countries: Evaluation of Inflation Targeting Framework" (online)
4:10 PM - 4:30 PMDiscussion by Dr Saikat Sinha Roy, Jadavpur University
4:30 PM - 5:10 PMAsif Iqbal, University of Liverpool - "Risk Aversion Heterogeneity and the Instability of Money Demand" (online)
5:10 PM - 5:30 PMDiscussion by Dr Kurt Horner, Shiv Nadar University, Delhi-NCR
5:30 PM - 5:45 PMTEA BREAK
5:45 PM - 6.25 PMPrasenjit Chakrabarti, IIM Ranchi - "Foreign Currency Borrowing and Risk Exposure of Firms: An Emerging Market Economy Viewpoint"
6:25 PM - 6:45 PMDiscussion by Dr Parag Waknis, Ambedkar University, Delhi
6.45 PM - 7.25 PMAakash Dev, Shiv Nadar University - "Tracking Structural Transformation in the Indian Labour Market amidst COVID-19: An Application of Transition Matrix and Event Study Analysis"
7.25 PM - 7.45 PMDiscussion by Dr Meeta Keswani Mehra, Jawaharlal Nehru University
8:00 PM onwardsDinner

6 May 2022

1:00 PM - 2:00 PMLunch
2:00 PM - 2:15 PMAddress by Dr Rajat Kathuria, Dean, School of Humanities and Social Sciences, Shiv Nadar University, Delhi-NCR
2:15 PM - 2:55 PMParantap Basu, Durham University Business School - "How Many will Get a Jab, With and Without Herd Immunity?" (online)
2:55 PM - 3:15 PMDiscussion by Dr Arpita Chatterjee, IIM Bangalore (online)
3:15 PM- 3:30 PMTEA BREAK
3:30 PM - 4:10 PMBikramaditya Datta, IIT Kanpur - "Cryptocurrency, Mining Pools’ Concentration, and Asset Prices"
4:10 PM - 4:30 PMDiscussion by Dr Parantap Basu, Durham University Business School (online)
4:30 PM - 5:10 PMRahul Rao, IIM Bangalore - "Land Misallocation and Industrial Development"
5:10 PM - 5:30 PMDiscussion by Dr Mausumi Das, Delhi School of Economics
5:30 PM - 5:45 PMTea Break
5:45 PM - 6:25 PMAnand Chopra, IIT Kanpur - "Insurance Cyclicality"
6:25 PM - 6:45 PMDiscussion by Dr Kartik B Athreya, Federal Reserve Bank of Richmond (online)
6:45 PM - 7:45 PMPLENARY SESSION by Dr Kartik B Athreya, Executive Vice President and Director (Research), Federal Reserve Bank of Richmond (online)
7:45 PM - 8:00 PMVote of Thanks by Dr Partha Chatterjee, Head of the Department of Economics, Shiv Nadar University, Delhi NCR
8:00 PM onwardsDINNER

Program Committee

Dr. Partha Chatterjee

Dr. Trishita Ray Barman

Dr. Kurt Horner

Dr. Nirvana Mitra

Previous Macroeconomics Workshop

1st Shiv Nadar University Macroeconomics Workshop

The first Shiv Nadar University, Delhi-NCR Macroeconomics Workshop was conducted on 10 and 11 December 2020. Due to the ongoing pandemic, the workshop was fully online. The objective of the workshop was to create a forum for budding researchers to obtain important feedback from experts in the field. We had six papers presented, each followed by detailed discussions. The presenters were all either Ph.D. students or junior researchers in macroeconomics. 

Among the discussants, we had Dr. Satyajit Chatterjee from the Federal Reserve Bank of Philadelphia, Dr. Urvi Neelakantan from the Federal Reserve Bank of Richmond, Dr. Parantap Basu from Durham University, Dr. Parag Waknis from Ambedkar University, Dr. Arpita Chatterjee from the University of New South Wales, and Dr. Kurt Horner from Shiv Nadar University.

Dr. Satyajit Chatterjee was also our plenary speaker for the workshop. The 2-day event was inaugurated by our then vice-chancellor, Dr. Rupamanjari Ghosh followed by opening remarks by our Head of the Department, Dr. Partha Chatterjee. 

The workshop was a tremendous success. The number of registrations was well above 300 and the event enjoyed worldwide participation. 

Call for Papers