Sahana Roy Chowdhury

Education : Ph.D and M.S.( Indian Statistical Institute )

Specialization : Economics

Designation : Associate Professor - Economics ; Area Chair - Economics , Chairperson- Economics Club( MUDRA) ,Business Club (BIZZAFFAIRS)

Curriculum Vitae: View More

Contact: +91-33-6652 9669

Email: [email protected]

About Sahana Roy Chowdhury

Dr. Sahana Roy Chowdhury has more than 14 years of post-doctoral research and teaching experience in economic theory and policy.

She is the Editor-in-chief of the journal STUDIES IN MICROECONOMICS (Sage journal-Scopus,ABDC,UGC-CARE,RePEc listed) and Associate Editor of IMI-KONNECT .

Prior to joining IMI-Kolkata she was a researcher at NIPFP (Macro-Finance Division), Delhi. She has worked with ICRIER (Delhi), ICRA Ltd (Monetary Research Project Division) and was a visiting scientist at Cornell University, USA. She has delivered invited lectures to the IRS and IAS trainees on fiscal policy and taxation and taught at the Indian Statistical Institute on Growth theory. She was responsible for providing key research inputs to the Expenditure Management Commission formed by the Ministry of Finance-Department of Economic Affairs in 2014. She presented papers in several national and international conferences at Cornell University (USA), IFMR (Chennai), ISI (Delhi), DSE (Delhi) etc.

She was in the advisory board of the National Colloquium on Public-Private Partnership – A Viable Synergy for Sustainable Development arranged by Women’s Christian College (Department of Commerce, Management Studies and Corporate Economics), Chennai. She served as an expert panelist in the research meeting on Employability organized by the Centre for Policy Research in Higher Education, New Delhi (Department of Educational Finance – under MHRD, GOI). She is currently serving as journal referees for Economic Modelling, Journal of Economics, Indian Growth and Development Review, Global Business Review etc.

  1. Roy Chowdhury, S., Gupta, K., Tzeremes, P. (2023). US housing prices and the transmission mechanism of connectedness, Finance Research Letters (ScienceDirect); CiteScore: 10.8; Impact Factor: 10.4 []
  2. Mukherjee, P., Roy Chowdhury, S., Bhattacharya, P. (2021). Does Financial Liberalization Lead to Financial Development? Evidence from Emerging Economies, Journal of International Trade and Economic Development, 30(8): 1263-1287, Taylor & Francis.
  3. Roy Chowdhury, S. (2010), Technology and outsourcing: an explanation to the rising wage gap, Economic Modelling, 27(1): 380-387 (Elsevier).
  4. Roy Chowdhury, S. (2013), Wealth Inequality, Entrepreneurship and Industrialization, Journal of Economics, 108(1): 81-102 (Springer)
  5. Roy Chowdhury, S. (2013), Inequality and size of the informal sector during recession: A note, Metroeconomica, 64(4): 591-597 (Wiley-Blackwell).
  6. Gooptu, S., Bros, C., Roy Chowdhury, S. (2023), Estimating Skill Mismatch in the Indian Labour Market: A Regional Dimension, Global Business Review: https:// journals. sagepub. com/ doi/ 10. 1177/ 09721509221146400.
  7. Ghosh, D., Roy Chowdhury, S., Apoorva M. (2023). The Influence of Economic Perception on the Adoption of App-based Financial Transactions: A Study Among the Young Population in India, Global Business Review (Sage) [accepted].
  8. Roy Chowdhury, S. (2014), Skill mismatches in Indian labor market: Policy priorities & challenges ahead, The Indian Journal of Industrial Relations, Invited Special Issue: Skill Development, 49(3): 422-438.
  9. Roy Chowdhury, S. (2023), Emigration and Back-Door Brain Drain: Do Restrictive Immigration Policies Make Unequals Worse Off?, Arthaniti: Journal of Economic Theory and Practice (Sage).
  10. Ghosh, D., Roy Chowdhury, S. (2023) Income shock and child labor: Revisiting the poverty link, The Indian Economic Journal (Sage) [accepted].
  11. Banik, A., Nag, T., Roy Chowdhury, S., Chatterjee, R. (2020). Why Do COVID-19 Fatality Rates Differ Across Countries? An Explorative Cross-country Study Based on Select Indicators, Global Business Review, 21(3), 607-625.
  12. Roy Chowdhury, S. (2010), Inducing human capital formation: How efficient is an education subsidy? International Journal of Business and Economics, 9(2): 105-114
  13. Roy Chowdhury, S. (2020), Migration and City Competitiveness: A Comparative Analysis with Surat as a Special Case, Vision: The Journal of Business Perspective (Sage).
  14. Sadhukhan, A., Roy Chowdhury, S. (2021). Export-induced Loss in Employment and Earnings during the First Year of the COVID-19 Pandemic: Identifying Key Industries in India, Economic and Political Weekly (Special Article), 56(41), October 9, 2021.
  15. Roy Chowdhury, S. (2011), Impact of global crisis on small and medium enterprises, Global Business Review, 12(3): 377-399.
  16. Roy Chowdhury, S. (2008), Migration in a model of occupational choice, Indian Growth and Development Review, 1(1): 84 – 94 (Emerald Group).
  17. Roy Chowdhury, S. (2014), Wealth inequality and occupational choice, Development Studies Research, 1(1): 176-185 (Routledge: Taylor & Francis)
  18. Roy Chowdhury, S. (2016), When do referees shirk in a peer review process? Economics and Business Letters, 5(2): 45-49 (Oviedo University Press)
  19. Roy Chowdhury, S. (2017). The Two Asian Growth Paths of Stagnation and Prosperity: Japan and India, in edited book “Towards A Common Future: Understanding Growth, Sustainability in the Asia-Pacific Region”, Palgrave Macmillan.
  20. Roy Chowdhury, S. (2018), Do the maids get a meager pie? Journal of Quantitative Economics, Springer
  21. Roy Chowdhury, S. (2020). Health Sector Scenarios in Sri Lanka: Policy Designing and Implications, in edited book “Trade in Health Services in South Asia”, Springer.
  22. Roy Chowdhury, S and Jha, G. (2020). Health Sector Scenarios in Pakistan: Policy Priorities and Challenges Ahead, in edited book “Trade in Health Services in South Asia”, Springer.
  23. A Banik, T Nag, S Roy Chowdhury, R Chatterjee (2020). Why Do COVID-19 Fatality Rates Differ Across Countries? An Explorative Cross-country Study Based on Select Indicators, Global Business Review, 21 (3)
  24. Roy Chowdhury, S. Bros, Catherine, Gooptu, Sayoree (2020), Education, skills mismatch and wage differentials, in edited book “India Higher Education Report 2020 Employment and Employability of Higher Education Graduates in India” (Centre for Policy Research in Higher Education, MHRD, GOI) , Routledge.
  25. Bhattacharya, R., Tripathi, S., Roy Chowdhury, S. (2019), Financial structure, institutional quality and monetary policy transmission: A Meta-Analysis, NIPFP Working Paper No. 274.
  26. Case Study Analysis: Roy Chowdhury, S. (2016), Bharti Airtel and Zain: A Journey into New Territories, Global Business Review, 17(6): 1522-1523
  27. Mukherjee, P., Bhattacharya, P., Roy Chowdhury, S. (2022) Financial Liberalization and Convergence of Financial Development Among BRICS Economies, India Studies in Business and Economics, in: Paramita Mukherjee (ed.), Revisiting the Indian Financial Sector, pages 85-118, Springer.


  1. Roy Chowdhury, S. and Ghosh, A. (2023) Design, approach and challenges of the vocational education and training framework in the USA: Delving into the state level diversity (ch 9), in: Mona Khare (ed.), Sustainable and Dynamic Graduate Employability: A Comparative Overview across Geographies, Routledge.
  2. Roy Chowdhury, S. and Roy Chowdhury, S.(2023) Health Care and Social Development, in: Arindam Banik, Munim Kumar Barai (eds.), Two Bengals: A Comparative Development Narrative of Bangladesh and West Bengal of India, Springer.



Blog/Newspaper Articles


  1. Roy Chowdhury, S. was consulted by Outlook India for her opinion and valuable insights on “Should RBI Go For Rupee Free Float After India’s Entry Into JPMorgan Bond Index?, as published in their article on October 6, 2023:
  2. Sadhukhan, A., Roy Chowdhury, S. (2023), Does India’s Foreign Trade Policy 2023 Address Its Export Fragility?. Outlook India:
  3. Roy Chowdhury, S., Ghosh, D. (2023), How AI will shape the future of jobs.

The Hindu Business Line:

  1. Ketkar, S., Puri, R. and Roy Chowdhury, S. (2023). Bridging the Gender Pay Gap, T20 POLICY BRIEF, MAY 25 2023, G20:
  2. Ghosh, D., Roy Chowdhury, S. (2023), Inside the Minds of Consumers: Economic Sentiments & Outlooks. Market express: Global Insights & Analysis Sharing Platform:
  3. Ganguly, N, Roy Chowdhury, S. (2023), India’s GDP growth encouraging, but some cautions must for sustaining its resilience. Market express: Global Insights & Analysis Sharing Platform:
  4. Roy Chowdhury, S, Pandey, R. (2021), Fiscal rules during the Covid-19 pandemic. Ideas For India, International Growth Centre (Directed by the London School of Economics and University of Oxford): .
  • Roy Chowdhury, S. selected for the ‘Scholarship Scheme for Faculty Members from Academic Institutions – 2023’ of Reserve Bank of India (DEPR), Mumbai. Duration: December 18, 2023 to March 18, 2024). [Report submitted]
  • Roy Chowdhury, S. (with R. Katuria, M. Kedia and S. Srivastav), “An Inquiry into the Impact of India’s APP Economy”, submitted-July 2015, ICRIER-IAMAI (Internet and Mobile Association of India) Report.
    • Selected under the ‘Scholarship Scheme for Faculty Members from Academic Institutions – 2023’ of Reserve Bank of India (DEPR), Mumbai.
    • Invited with Erasmus+ grants under the EU funded Staff Mobility Program organized by Université Gustave Eiffel Paris, France Delivered invited lectures in 2017,2018,2019,2023 .
    • Raghuram Rajan Young Scholar Grant for attending NBER Summer Institute, Cambridge, Massachusetts, USA in 2014.
    • Prize for Academic Proficiency from Department of Economics, Bethune College, Calcutta University, 2000 & 2001.


  • Macro Economics Theory and Policy
  • Indian Economy
  • International Business
  • Project appraisal: Cost-benefit analysis
  • Games people play: Strategic Thinking for Managers