Sudipto Karmakar

Research Adviser - Financial Stability Strategy and Projects Division


Sudipto is a Research Adviser in our Financial Stability Strategy and Risk Directorate. He is a macroeconomist with interest in macroprudential policy, real-financial sector linkages and issues related to corporate investment and productivity. He has extensive experience in working with DSGE (dynamic stochastic general equilibrium) models and large scale micro datasets.

Before he joined us, he worked as an Economist in the research department of the Bank of Portugal, as a Technical Adviser and a Visiting Researcher at the Bank for International Settlements and as a research intern at the International Monetary Fund.

Sudipto has a PhD in Economics from Boston University, an MSc in Economics from the University of Calcutta and a BSc in Economics from Presidency College, Kolkata.

Sudipto's selected academic publications

Global capital flows and the role of macroprudential policy, with Diogo Lima, Journal of Financial Stability, 2023

Real Effects of Financial Distress: The Role of Heterogeneity, with Francisco Buera, The Economic Journal, 2021
To Ask or Not to Ask: Bank Capital Requirements and Loan Collateralization, with Hans Degryse and Artashes Karapetyan, Journal of Financial Economics, 2021
Do households care about cash? Exploring the heterogeneous effects of India's demonetization, with Abhinav Narayanan, Journal of Asian Economics, 2020
Leverage and Risk Weighted Capital Requirements, with Leonardo Gambacorta, International Journal of Central Banking, 2018
Macroprudential Regulation and Macroeconomic Activity, Journal of Financial Stability, 2016
Bank Capital and Lending: An Analysis of Commercial Banks in the United States, with Junghwan Mok, Economic Letters, 2015
Financial Development: Level Depth and Access, Chapter 20, Building Integrated Economies in West Africa: Lessons in Managing Growth, Inclusiveness and Volatility. International Monetary Fund Publications. ISBN: 978151351832


This page was last updated 07 February 2024