Monday, May 21, 2007
Mujumdar is visiting scholar at Reserve Bank of India
 Dr. Sudesh Mujumdar, assistant professor of economics, has completed a two-month appointment as visiting scholar at the Reserve Bank of India (RBI), the country’s central bank. As visiting scholar, he was 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 prior to the trip. 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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