About
Since completing my PhD in Economics, I have specialized in the economic analysis of…
Experience
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Education
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London School of Economics and Political Science
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Activities and Societies: Presented my PhD research at various conferences in the US and Europe.
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RBI (Reserve Bank of India) Governor's Gold medal recipient for the highest rank
Volunteer Experience
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Vice-Chair, Board of Trustees
CAST Women
Economic Empowerment
Publications
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Human Capital and Economic Growth: A Focus on Primary and Secondary Education in the UK
LSE Growth Commission Report
• Led interviews with experts, international organizations and businesses
• Conducted policy and literature review on the secondary education sector in different countries
• The report was widely mentioned in media including Economist, FT, BBCOther authors -
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Fiscal Consolidation During a Depression
National Institute Economic Review
- Peer-reviewed journal publication
- Blogged about our paper on British Policy and Politics (LSE) and the VoxEU.org (21400 reads)
- Publication received popular coverage including FT, Wall Street Journal (US)
Abstract:
In 2009-10, the UK's budget deficit was about 11 per cent of GDP. A credible plan for fiscal consolidation was introduced in the UK over the fiscal years 2011-12 to 2016-17. In this paper, we assess the impact of the scale and timing of this fiscal…- Peer-reviewed journal publication
- Blogged about our paper on British Policy and Politics (LSE) and the VoxEU.org (21400 reads)
- Publication received popular coverage including FT, Wall Street Journal (US)
Abstract:
In 2009-10, the UK's budget deficit was about 11 per cent of GDP. A credible plan for fiscal consolidation was introduced in the UK over the fiscal years 2011-12 to 2016-17. In this paper, we assess the impact of the scale and timing of this fiscal consolidation programme on output and unemployment in the UK.
We contrast three scenarios: the consolidation plan implemented during a depression; the same plan, but with implementation delayed for three years when the economy has recovered; and no consolidation at all. The modelling confirms that doing nothing was not an option and would have led to unsustainable debt ratios. Under both our "immediate consolidation" scenario and the "delayed consolidation", the necessary increases in taxes and reductions in spending reduce growth and increase unemployment. The impact is partly driven by the magnitude of fiscal multipliers, and exacerbated by the prolongation of their impact due to hysteresis effects.
Our estimates indicate that the impact would have been substantially less, and less long-lasting, if consolidation had been delayed until more normal times.Other authors -
Honors & Awards
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ESRC Ph.D. Scholarship
ESRC
ESRC scholarship for my PhD at the LSE; covered full fees and living expenses.
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Faculty Fellowship
Graduate School of Arts and Sciences, Columbia University
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