Mujumdar is visiting scholar at Reserve Bank of India
Dr.
Sudesh Mujumdar, assistant professor of economics, is overseas
on a two-month appointment as visiting scholar at the Reserve Bank
of India (RBI), the country’s central bank.
As visiting scholar, he is affiliated with the Department of
Economic Analysis and Policy and the Department of Monetary Policy
to conduct a research project entitled, “Hands Off or Not?
Property Markets and Central Bank Policy.”
“The project seeks to develop a practical guide to the appropriate
monetary policy response of a central bank to rapidly rising
property prices in the context of developing countries,” Mujumdar
said. |
Mujumdar |
The office of the governor of the RBI
entertains proposals throughout the year and bases the selection
of visiting scholars on the currency and practical implications of
the proposed research.
Mujumdar said the project relates to his teaching interests. One
aspect of the course he teaches in development economics is
helping students understand how examining a country’s economic
policies can help a person recognize investment opportunities in
that country.
The RBI headquarters is located in Mumbai (formerly known as
Bombay). Mujumdar returned to his native country in May to conduct
the research project. He holds bachelor’s and master’s degrees
from the University of Bombay and a second master’s and a
doctorate from the University of Cincinnati.
The USI Board of Trustees recently approved tenure and promotion
for Mujumdar. Tenure will be effective August 18, 2008. His
promotion to associate professor will be effective August 20,
2007. Mujumdar joined the College of Business in 2001. |
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