Indradeep Ghosh

Biography

Education

B.A., St. Stephen's College, New Delhi

M.A., Girton College, University of Cambridge

Ph.D., Massachusetts Institute of Technology

Research

Indradeep Ghosh’s research interests lie primarily in international economics, happiness economics, and new paradigmatic approaches to economics. In his published research, Deep has studied the relationship between trade and FDI in developing countries, and current account dynamics in the presence of imperfect substitutability between financial assets.

In his current work, Deep and his colleague Bish Banerjee, along with two other co-authors, are investigating an extensive dataset from Slovakia to understand the impact of central bank intervention in foreign exchange markets. In a paper that is presently out to a journal, the authors demonstrate that the Slovak central bank's purchases and sales of euros during 1999-2007 succeeded in calming disorderly movements in the market value of its domestic currency, the koruna. The existing literature on central bank intervention has typically failed to demonstrate such effectiveness because it has failed to properly account for a simultaneous equations problem. In their paper on Slovakia, the authors point to a new way to solve this identification problem.

Deep is also developing an avid interest in happiness economics. With his colleague, Bish Banerjee, he is analyzing a unique dataset drawn from a survey of Macedonian households to determine what economic and social factors contribute to household happiness, and whether such factors differ systematically across the different ethnic groups in present-day Macedonia.

Deep is also very interested in exploring new approaches to economic thinking, especially the transdisciplinary possibilities across Economics and Sociology and Economics and Philosophy. With Haverford colleague, Mark Gould, Professor of Sociology, Deep is studying deviant behavior in social situations as part of a broader attempt to reconstruct the logic of economic theory in sociological terms. With his colleague, philosopher Joshua Ramey, Deep is studying the nature of money and its implications for political economy solutions to the current crisis of late capitalism.

At Haverford, Deep teaches courses in Money and Financial Markets, Open Economy Macro, and Introductory Macro.  In Fall 2011, Deep will teach a new course on "Crises" which will introduce students to a rigorous treatment of the 2008 Financial Crisis, through a variety of different perspectives, ranging from modern macroeconomic theory, to economic history, to political economy.

Courses: Fall 2012, Haverford

Courses: Spring 2013, Haverford