Academic Background___________________________________________________

2012-2015                 University of Hyderabad

                               PhD: Economics (Divergence and Decoupling of Global Economy with special reference to Indian business cycle

2011 - 2012            University of Hyderabad

                                MPhil: Economics (ASEAN Economies’ Business Cycle Analysis)

2009 - 2011             University of Hyderabad

                                MA: Economics (Specialization: Econometrics and Time Series Analysis)

2006 - 2009             RK Mission Residential College, Narendrapur (Calcutta University)                                              

                                    BSc: Economics, Statistics and Mathematics

Professional Experience________________________________________

Since December 2017   Assistant Professor, Economics and Finance, IIT Patna, Bihar

September 2016 -     Assistant Professor, Economics and Finance, BITS Pilani, Rajasthan

November, 2017

January - 2016              Assistant Professor, Economics and Finance, SSSIHL, Andhra Pradesh

September 2016

Research Work  ____________________________________________

Book Published: Studies in International Economics and Finance (Springer) Ed. 2022

Foreword by Prof. C. Rangarajan (Former RBI Governor and Chairman of the Prime Minister's Economic Advisory Council)

Key Features of the Festschrift Volume  

·         Provides a contemporary view of the Indian as well as global economy

·         Employs the latest time series and financial modelling methods

·         Covers different aspects of international economics, financial markets, and macroeconomics

Project and Consultancy:

o   Title of the project: Signal Jamming and Central Bank Communication: Do Experts Mislead the Market

         Funding Agency: Science and Engineering Research Board(CRG-SERB-DST), GoI (2023-2025)

         Funding Amount: 14.45 lakhs INR

       Role-PI  (With Dr. Sriparna Saha, CO-PI, IIT Patna)

o   Title of the project: Metasurance- Blockcahin Base Insurance Administration System with ML Driven Dynamic Pricing for Metaverse Products  

         Funding Agency: IIT Bhilai (TIH)  (2022-2024)

         Funding Amount: 19.97 lakhs INR

         Role-CO-PI (With Dr. Raju Halder, PI, IIT Patna)

o Title of the project: Assessment of PMJAY Scheme in Bihar 

      Funding Agency: ICSSR- Short term empirical project

      Funding Amount: 5.5 lakhs INR

             Role: PI

o Title of the Consultancy: Introduction to business Finance

         Funding Agency: Tata Consultancy Services (TCS-iON)  (2021)

         Funding Amount: 3.6 lakhs INR

Role-PI

o   Title of the Consultancy: Basic Econometrics

         Funding Agency: Tata Consultancy Services (TCS-iON)  (2022)

         Funding Amount: 3.2 lakhs INR

         Role-PI

Title of the Consultancy: Basic Econometrics

         Funding Agency: Tata Consultancy Services (TCS-iON)  (2024)

         Funding Amount: 3.8 lakhs INR

         Role-PI

Awards:

o   Reserve Bank of India (RBI) Faculty Fellowship for the year 2022

o   Best Teacher award- 2018 (UG courses-HSS Dept.) at IIT Patna

o   Invited Research Scholar in International Delhi Economics Conclave (14-15 December, 2012) Organized by Ministry of Finance, India, NIPFP and CII in New Delhi.

Journal Papers:  

o When all speak, should we listen? A cross-country analysis of disagreement in policy-making and its implications: Spandan Banerjee, RN Paramanik, Rounak Sil & Unninarayanan Kurup, Economic Notes, Wiley , 2024 

      https://onlinelibrary.wiley.com/doi/full/10.1111/ecno.12234

       o Doomed in din or synced with signal: a study of dissent within Indian monetary policy committee, Suresh Kumar, A., Sil, R., Kurup, U., & Paramanik, R. N. (2025).

           Applied Economics Letters, Taylor & Francis, PP 1-5., 2025

           https://www.tandfonline.com/doi/full/10.1080/13504851.2025.2450086

o An Assessment of the Feldstein-Horioka Puzzle for India: A Markov Regime Switching Approach ,Archana Kulkarni & RN Paramanik

    The Singapore Economic Review , World Scientific, 2024

    https://www.worldscientific.com/doi/10.1142/S0217590824500073

o Youkta, K., & Paramanik, R. N. (2024). Are women satisfied with childbirth services provided in public health facilities? Evidence from two districts in Bihar, India. International Journal of Quality & Reliability Management, 41(10), 2627-2645.

https://www.emerald.com/insight/content/doi/10.1108/ijqrm-06-2023-0188/full/html

o Youkta, K., Paramanik, R.N. Assessing women’s satisfaction with childbirth services in Bihar: implications for healthcare revisit intentions. J. Soc. Econ. Dev. (2025). https://doi.org/10.1007/s40847-025-00431-2

o Navigating Food Security in India: Unraveling the Interplay of Climatic and Non-Climatic Factors", S. Mahali, Rajendra N. Paramanik and J. Pradhan , Environment, Development and Sustainability, Springer Nature, 2024

https://link.springer.com/article/10.1007/s10668-024-04486-9

o Nexus among Indian business cycle–financial cycle and Policy Uncertainty Index, Kundan Kumar , RN Paramnaik, Anoop S Kumar. SN Business & Economics , Springer Nature, 215 (2023). https://doi.org/10.1007/s43546-023-00586-2

o Nexus between monetary policy shock and financial imbalance in India, K Kumar, RN Paramanik, ZN Ansari

    Asian Journal of Economic Modelling 11 (2), 107-116 https://ideas.repec.org/a/asi/ajemod/v11y2023i2p107-116id4834.html

o Sources of Business Cycle Volatility in the Indian Economy: Indian Journal of Economics and Development, Volume 19, Issue 2, Pages 394 - 40, 2023

      https://www.soed.in/article/789

o   Chorus in the Cacophony: Dissent and Policy Communication of India’s Monetary Policy Committee, Applied Economic Letters, Taylor and Francis, 2023 https://doi.org/10.1080/13504851.2023.2208823

o   Dynamic Connectedness among Business Cycle, Financial Cycle, and Policy Uncertainty Index in India, Advances in Decision Sciences, vol. 26(4), pages 127-146, 2022

         https://doi.org/10.47654/v26y2023i4p127-146

o   Role of entrepreneurship in social enterprises and master weaver enterprises: case of handloom weaving industry, India, International Journal of Entrepreneurship and Small Business, Indrscience Journal, (Forthcoming)

        https://www.inderscience.com/info/ingeneral/forthcoming.php?jcode=ijesb

o   Does Digital Awareness reduce Misreporting of Covid-19 Data? An Empirical Investigation: Review of Economic Analysis, University of Waterloo Journal https://openjournals.uwaterloo.ca/index.php/rofea/article/view/5166

o   Financial cycle, business cycle, and policy uncertainty in India: An empirical investigation. Bulletin of Economic Research, Wiley & Sons Vol: 74, pages-825–837, 2022

          https://doi.org/10.1111/boer.12320

o   Convergence analysis of health expenditure in Indian states: Do political factors matter? GeoJournal   Springer Open, Vol: 87, pages-1469–1478, 2022

         https://doi.org/10.1007/s10708-020-10313-1

o   Epidemiological model for India's COVID-19 Pandemic. Journal of Public Affairs. Wiley & Sons , 2021

         https://doi.org/10.1002/pa.2639

o   Sentiment Analysis of Indian Stock Market Volatility, Procedia Computer Science, Elsevier, Vol: 176 pages-330–338, 2020

         https://doi.org/10.1016/j.procs.2020.08.035

o   Nexus between Indian economic growth and financial development: A non-linear ARDL approach, The Journal of Asian Finance, Economics, and Business (Korea D Science Association), Volume-7, Issue-6, Pages-109-116, 2020

          https://doi.org/10.13106/jafeb.2020.vol7.no6.109

o   Sustainability of Public Debt: An Analytical Framework, Artha Vjnana, Gokhale Institute of Politics and Economics Journal, Volume-61, Issue- 3, pages- 239-260, 2019

         https://doi.org/10.21648/arthavij%2F2019%2Fv61%2Fi3%2F185876

o   Revisiting Kuznets Curve for selected ASEAN Economies”- Empirical Economic Letter,  Vol-17, No-20, 2018

http://www.eel.my100megs.com/volume-17-number-12.htm

o   An empirical analysis of Indian business cycle dynamics, Economic Annals, University of Serbia, Volume 62, Issue 213, Pages: 7-25, 2017

         https://doi.org/10.2298/EKA1713007P

o   A Structural Vector Autoregression Model for Monetary Policy Analysis in India, Margin-NCAER Journal, Sage Publisher, Volume-8, Issue- 4, pages- 401-429, 2014

         https://doi.org/10.1177/0973801014544580

o   Microfinance impact on women’s decision making: a case study of Andhra Pradesh, Journal of Global Entrepreneurship Research, Springer Open, volume 4(11), pags-1-13, 2014

https://doi.org/10.1186/s40497-014-0011-6

Book Chapters:

o Perceived Health Status Among Elderly in India: Leveraging Public Policies to Achieve SDG-3: Pages-179-187, Perceived Health Status Among Elderly in India: Leveraging Public Policies to Achieve SDG-3, Springer Nature , Sepetember, 2023.

https://link.springer.com/chapter/10.1007/978-981-99-3696-0_10

o   Neoliberalism in the Emerging Economy of India: The Political Economy of International Trade, Investment and Finance Pages 140 – 172,  Routledge, Taylor and Francis Inc.  July 2021

             https://www.taylorfrancis.com/chapters/edit/10.4324/9781003131762-11/india-

recent-slowdown-neoliberal-regime-accumulation-saswata-guha-thakurata-rajendra-paramanik

o   Nexus Between Financial Cycle and Business Cycle in India, Accounting, Finance, Sustainability, Governance and Fraud, Springer Cham,  Pages 15 – 27, 2020

             https://www.springerprofessional.de/en/nexus-between-financial-cycle-and-business- cycle-in-india/18626362

o   Long Memory and Correlation Structures of Select Stock Returns Using Novel Wavelet and Fractal Connectivity Networks, Studies in International Economics and Finance. India Studies in Business and Economics. Springer, Singapore.

        https://doi.org/10.1007/978-981-16-7062-6_30

o   A New Keynesian AD-AS Model for India, Incorporating the Effect of Covid-19 Pandemic, Studies in International Economics and Finance. India Studies in Business and Economics. Springer, Singapore.

        https://doi.org/10.1007/978-981-16-7062-6_2

o   Direction of Trade, Exchange Rate Regimes, and Financial Crises: The Indian Case, Analytical Issues in Trade, Development and Finance. India Studies in Business and Economics. Springer.

             https://doi.org/10.1007/978-81-322-1650-6_6

Working Papers:

o   Chorus in the Cacophony: Dissent and Policy Communication of India’s Monetary Policy Committee, IGIDR WP-2023-003

            http://www.igidr.ac.in/pdf/publication/WP-2023-003.pdf

o   An aggregate level Macro-Model for Indian Economy, ADBI Working Paper Series, No-1201, 2020

https://www.adb.org/sites/default/files/publication/660111/adbi-wp1201.pdf

o   Role of Social Network in Waiting Time Prioritization: Evidence from India, Annual Meeting of Population Association of America, P4-79, 2022

https://paa.confex.com/paa/2022/meetingapp.cgi/Paper/27277

Public Article in Newspapers:

o   Why National Pension Scheme must be modified, not shelved: The Economic Times, 6th March, 2023

https://economictimes.indiatimes.com/opinion/et-commentary/why-national-pension-scheme-must-be-modified-not-shelved/articleshow/98460131.cms

o   MPC's communication: How disparate perspectives can bring about better & more informed outcomes: The Economic Times, 28th November, 2022

https://economictimes.indiatimes.com/opinion/et-commentary/mpcs-communication-how-disparate-perspectives-can-bring-about-better-more-informed-outcomes/articleshow/95836405.cms

o   30 years on, economic reforms paid off: The Hindu Business Line, 10th September, 2021

https://www.thehindubusinessline.com/opinion/30-years-on-economic-reforms-have-paid-off/article36386547.ece

o   Why Covid was harder on big economies? The Hindu Business Line, 16th  June, 2021

https://www.thehindubusinessline.com/opinion/why-covid-was-harder-on-big-economies/article34823656.ece

o   Economy showing symptoms of stagflation, The Hindu Business Line, 30th May, 2021

https://www.thehindubusinessline.com/opinion/economy-showing-symptoms-of-stagflation/article34683323.ece

Conference Presentations

o   Presented a paper titled- “A Leading Composite Indicator for Indian Business Cycle Analysis” in IGIDR-RBI conference in Mumbai, 2104.

o   Presented a paper on “"Nexus between income inequality and financial development in selected Latin American economies”  at Korea University, Seoul, South Korea during 14-15 July, 2017

o   Nexus between Economic growth and Financial Development: an Indian experience. Johns Hopkins University, Washington, US during June 10-11, 2019.

o   Sentiment Analysis of Indian Stock Market Volatility: Knowledge-Based and Intelligent Information & Engineering Systems 24th International Conference KES2020: University of Verona, Italy (Virtual Mode)- August 2020

o   Chorus in the Cacophony: Internal Dissent and Policy Communication of India’s Monetary Policy Committee: SIBR Conference, Tokyo, Japan, 5-6th June, 2023

o  Role of Dissent in Monetary policy in India: Delhi School of Economics- Winter School, December, 2023 

Invited Talks and Workshops

o   Invited panelist for Budget 2022 Discussion on 8th February, 2022 at UPES Dehradun

o   Invited talk on Financial Modeling with STATA (FinMode) at IIT Kanpur- February-15-21, 2021

o   Speaker for a Webinar on ‘ Covid-19 and its Economic Impact’- conducted by Department of Economics of RK Mission College, Narendrapur, Calcutta on 6 August, 2020.

o   Organized a CEP course on Time Series Analysis with STATA at IIT Patna, 7th -9th December, 2019

o   Invited resource person for The Indian Econometric Society for econometrics workshop with STATA-software at Farook College, Kozhikode, Kerala during February-2019

o   Invited resource person for workshop on econometrics of time series and panel data at Jammu University during December-17-21, 2018

o   Invited talk on Macroeconomics-Its evolution and evaluation at Christ University, Bangalore in special lecture series during 13-14 July, 2018.

o   Invited Resource person for Indian Econometrics Society (TIES) and Gokhale Institute of Politics and Economics, Pune for Financial Econometrics application workshop during 29 August-4 September, 2016. 

o   Invited Resource person for workshop on Statistical Technique in Social Science Research at Rajiv Gandhi Central University of Arunachal Pradesh during 2-6 December, 2015

o   Invited lecture on Applied Econometrics at Pondicherry Central University during 29-30 October, 2015.

o   Invited talk on Time Series Analysis and Financial Econometrics in Gokhale Institute of Politics and Economics, Pune during Winter Semester (July-December) 2015.