Dr. Arpan Chakraborty
Assistant Professor of Economics, JAIN (Deemed-to-be University), Bengaluru
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About me
About me
I am an Assistant Professor in the Department of Economics, School of Humanities and Social Sciences, at JAIN (Deemed-to-be University), Bengaluru. I joined in May 2026 after completing my Ph.D. in Economics at IIT Kharagpur.
I work on behavioural macroeconomics. My models replace rational expectations with simple forecasting rules that people switch between as the rules’ track records change. I take these models to data to study business cycles, India’s recovery from COVID-19, and how monetary and fiscal policy should work together. A second line of work uses instrumental-variable and GMM methods to revisit the empirics of long-run growth.
My doctoral dissertation, Behavioral Expectations and Institutional Fundamentals in Macroeconomics, was supervised by Dr. Siddhartha Chattopadhyay. Before academia, I spent two years as a Business Analyst at Genpact.
Research themes
Research themes
Expectations and business cycles
Expectations and business cycles
How simple forecasting rules create waves of optimism and pessimism, and what they mean for output, inflation and India’s post-pandemic recovery.
Monetary and fiscal policy
Monetary and fiscal policy
How central banks and governments should coordinate at the zero lower bound, and why the maturity of government debt matters, studied in behavioural New Keynesian models.
Growth and econometrics
Growth and econometrics
Revisiting the Mankiw–Romer–Weil growth model with GMM and historical instruments, and measuring India’s output gap and Phillips curve over the long run.
Education
Education
Ph.D. in Economics
Indian Institute of Technology Kharagpur, 2021–2026
M.A. in Economics
Jadavpur University, 2017–2019
B.Sc. in Economics
Ramakrishna Mission Residential College, Narendrapur, 2014–2017
Gold Medallist, First Class First
Experience
Experience
Assistant Professor of Economics
JAIN (Deemed-to-be University), Bengaluru, 2026–present
Business Analyst
Genpact India, 2019–2021
Travel awards
Travel awards
Young Scholars Initiative of the Institute for New Economic Thinking, ICSSR, IGIDR, Shiv Nadar Institution of Eminence, Hamburg Institute for Social Research, and IIT Kharagpur, 2023–2025
News
News
Sept 2026
Invited Talk at Christ Deemed to be University
July 2026
“Behavioral Expectations in New Keynesian DSGE Models: Evidence from India's COVID-19 Recovery and Vaccination Program”, with Siddhartha Chattopadhyay, accepted for publication in the International Journal of Computational Economics and Econometrics.
June 2026
Completed my Ph.D. in Economics at IIT Kharagpur.
May 2026
Joined JAIN (Deemed-to-be University), Bengaluru, as Assistant Professor of Economics.
December 2025
“Testing Acemoglu’s Critique”, with Siddhartha Chattopadhyay and Sohini Sahu, published online in Arthaniti: Journal of Economic Theory and Practice.
November 2025
Presented at the 44th RSEP Conference at the University of Washington Rome Center.
September 2025
Presenter, organiser and discussant at the Hamburg Institute for Social Research workshop on fiscal and monetary coordination.
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