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.
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 Economics, American 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.
Registration - 5 May 2022 - 1:00 PM tp 2:00 PM
5 May 2022
|2:00 PM - 2:10 PM||Inauguration and Welcome Address by Dr Ananya Mukherjee, Vice Chancellor, Shiv Nadar University, Delhi-NCR|
|2: 10 PM- 2:15 PM||Opening Remarks by Dr Partha Chatterjee, Head of the Department, Economics, Shiv Nadar University, Delhi-NCR|
|2:15 PM - 3:15 PM||PLENARY SESSION by Dr Per Krusell, Stockholm University (online)|
|3:15 PM - 3:30 PM||TEA BREAK|
|3:30 PM - 4:10 PM||Devasmita 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 PM||Discussion by Dr Saikat Sinha Roy, Jadavpur University|
|4:30 PM - 5:10 PM||Asif Iqbal, University of Liverpool - "Risk Aversion Heterogeneity and the Instability of Money Demand" (online)|
|5:10 PM - 5:30 PM||Discussion by Dr Kurt Horner, Shiv Nadar University, Delhi-NCR|
|5:30 PM - 5:45 PM||TEA BREAK|
|5:45 PM - 6.25 PM||Prasenjit Chakrabarti, IIM Ranchi - "Foreign Currency Borrowing and Risk Exposure of Firms: An Emerging Market Economy Viewpoint"|
|6:25 PM - 6:45 PM||Discussion by Dr Parag Waknis, Ambedkar University, Delhi|
|6.45 PM - 7.25 PM||Aakash 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 PM||Discussion by Dr Meeta Keswani Mehra, Jawaharlal Nehru University|
|8:00 PM onwards||Dinner|
6 May 2022
|1:00 PM - 2:00 PM||Lunch|
|2:00 PM - 2:15 PM||Address by Dr Rajat Kathuria, Dean, School of Humanities and Social Sciences, Shiv Nadar University, Delhi-NCR|
|2:15 PM - 2:55 PM||Parantap Basu, Durham University Business School - "How Many will Get a Jab, With and Without Herd Immunity?" (online)|
|2:55 PM - 3:15 PM||Discussion by Dr Arpita Chatterjee, IIM Bangalore (online)|
|3:15 PM- 3:30 PM||TEA BREAK|
|3:30 PM - 4:10 PM||Bikramaditya Datta, IIT Kanpur - "Cryptocurrency, Mining Pools’ Concentration, and Asset Prices"|
|4:10 PM - 4:30 PM||Discussion by Dr Parantap Basu, Durham University Business School (online)|
|4:30 PM - 5:10 PM||Rahul Rao, IIM Bangalore - "Land Misallocation and Industrial Development"|
|5:10 PM - 5:30 PM||Discussion by Dr Mausumi Das, Delhi School of Economics|
|5:30 PM - 5:45 PM||Tea Break|
|5:45 PM - 6:25 PM||Anand Chopra, IIT Kanpur - "Insurance Cyclicality"|
|6:25 PM - 6:45 PM||Discussion by Dr Kartik B Athreya, Federal Reserve Bank of Richmond (online)|
|6:45 PM - 7:45 PM||PLENARY SESSION by Dr Kartik B Athreya, Executive Vice President and Director (Research), Federal Reserve Bank of Richmond (online)|
|7:45 PM - 8:00 PM||Vote of Thanks by Dr Partha Chatterjee, Head of the Department of Economics, Shiv Nadar University, Delhi NCR|
|8:00 PM onwards||DINNER|
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.