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I am an Associate Professor of Economics at Northeastern Illinois University, Chicago. My research interests are in macroeconomics, applied econometrics, and financial economics. I am also interested in international markets, particularly emerging market economics. I explore international macro-finance issues using state-of-the-art applied econometric frameworks.

I have developed innovative solutions to address practical challenges in optimal monetary policy design and developed an alternate measure of the Fed's policy stance, one that is not constrained at zero lower bound. I have used financial market information for empirical modeling of economic expectations and studied the dynamic impact of monetary policy shocks across international financial markets and how policy efficacy is related to the risk environment.

My contributions are also in the area of forecasting asset markets’ movements as well as understanding housing market movements and their dynamic connections to macroeconomic developments. On emerging market issues, I have researched on topics of forecasting economic growth, sectorial connections, dynamic linkages and spillover effects between policy and macroeconomy, and macro-financial implications of capital flows.

Research Interest:

Macroeconomics, Monetary and Financial Economics, Applied Econometrics, and International Economics.

Contact information:

Northeastern Illinois University

Department of Economics

Bernard J. Brommel Hall BBH 344G

5500 N St. Louis Ave,

Chicago, IL 60625.

Email: hardikam@gmail.com