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Economics - Faculty & Staff

Academics

Majors & Minors

Sujata Saha

  • Associate Professor of Economics, Asian Studies Program Chair

Photo of Saha, Sujata

Dr. Sujata Saha joined Wabash College in 2017. Her primary research interests are in the areas of International Finance and Trade, Open Economy Macroeconomics and Financial Inclusion, and as a researcher she investigates hot button issues that have significant effects on a macroeconomic level. As a teacher, she gets to introduce new and applicable concepts to the students that change and shape the way they think. Her goal is to make Economics more interesting for her students so that they can achieve higher goals in life. At Wabash, she regularly teaches Principles of Economics, the Global Economy, Financial Markets and Institutions, the Economics of Asia, International Trade, Investments and Senior Seminar (on Financial Crises). She has taught a Freshman Tutorial course on Global Tourism in Fall 2019. She loves teaching and it enhances her ability to present ideas clearly to a large set of individuals with diverse background.

She was a volunteer at the Make a Difference – Wisconsin, where she has taught Personal Finance to high school students. Apart from teaching at University of Wisconsin – Milwaukee, she has taught Economics and Statistics courses at University of Wisconsin – Whitewater, and have also been part of the Upward Bound program at the University of Wisconsin - Milwaukee, where she has tutored high school students in Math and Science. She considers herself extremely lucky doing what she gets to do, and she hopes to continue to do it for as long as she can.

In her spare time, Dr. Saha loves to cook different kinds of food and she loves to eat. Cooking relaxes her, it gives her the outlet to recharge so that she can get back to work and come up with solutions that had previously not occurred to her (a lot of her “eureka” moments generally happen when she cooks, plus she gets a lovely meal at the end of it, so it is truly a win-win scenario). She also likes to explore new places and meet new people. She has visited a few cities in the U.S. (her goal is to visit all the states and get fridge magnets from each). She is also interested in gardening. Finally, she likes to paint and in fact, has a Diploma Degree in Painting, but she hasn’t devoted time to it since she graduated from high school. But picked it up again since Summer 2020, and she is loving it.

Education

PhD in Economics, University of Wisconsin – Milwaukee, USA

MS in Economics, University of Calcutta, India

BS in Economics, University of Calcutta, India

Recent Course Offerings

  1. ECO 101: Principles of Economics

  2. ECO 220: The Global Economy

  3. ECO 262: Financial Markets and Institutions

  4. ECO 277: (a) The Economics of Asia, and (b) Finance in Emerging Economies

  5. ECO 321: International Trade

  6. ECO 362: Money and Banking

  7. ECO 377: Investments

  8. ECO 401: Senior Seminar (on Financial Crises)

  9. Freshman Seminar Courses: (a) Freshman Tutorial- Globetrotting: The Footprints of Global Tourism, and (b) Enduring Questions (EQ)

Research

International Finance , International Trade and Open Economy Macroeconomics

Recent Presentations

  • Southern Economic Association Conference, November 2023, “Overview of Financial Inclusion, Trade and Economic Growth”.
  • Midwest Economic Association Conference, March 2023, “Overview of Financial Inclusion, Trade and Economic Growth”.
  • Midwest Economic Association Conference, March 2022, “Impact of House Price Changes on Durable and Non-Durable Consumption in the United States”.
  • Wabash College Social Sciences Colloquium, March 2022, “Equity & Inclusive Teaching Practices in
    “The Economics of Asia” Course”.
  • Academy of Economics and Finance Conference, February 2022, “Impact of House Price Changes on Durable and Non-Durable Consumption in the United States”.
  • Midwest Economic Association Conference, March 2019, “Exchange Rate Risk and Commodity Trade between U.S. and India: An Asymmetry Analysis”.
  • Wabash College Social Sciences Colloquium, January 2019, “Exchange Rate Risk and Commodity Trade between U.S. and India: An Asymmetry Analysis”.
  • Midwest Business Administration Association (MBAA) International Conference, April 2016, “On the Relation between Exchange Rates and Stock Prices: A Non-Linear ARDL Approach”.

Recent Publications

(i) Refereed Journal Articles 

  1. “Global Uncertainty and Exchange Rate Conditions: Assessing the Impact of Uncertainty Shocks in Emerging Markets and Advanced Economies”, 2024, Journal of International Financial Markets, Institutions & Money, 96, 102060, https://doi.org/10.1016/j.intfin.2024.102060 (with Helena Glebocki).
  1. “The Asymmetric Effects of Exchange Rate Volatility on Domestic Investment in Asia”, 2024, The Journal of Developing Areas, 58(1), 21-38, https://doi.org/10.1353/jda.2024.a924513 (with Mohsen Bahmani-Oskooee).
  1. “On the Link between Indian Rupee and its Trade in Services: An Asymmetric Analysis”, 2024, Journal of Economic Development, The Economic Research Institute, 49(1), 1-20, https://jed.cau.ac.kr/archives/49-1/49-1-1.pdf (with Mohsen Bahmani-Oskooee).
  1. “Impact of House Price Changes on Durable and Non-Durable Consumption in the United States”, 2023, International Real Estate Review, 26(1), 73-93, https://ideas.repec.org/a/ire/issued/v26n012023p73-93.html (solo-authored).
  1. “Foreign Exchange and Global Monetary Shocks: The Asymmetric Effects of Advanced Economies’ Quantitative Easing on Exchange Rate Volatility in Emerging Markets”, 2022, International Economic Journal, 36(3), 339-361, https://doi.org/10.1080/10168737.2022.2098353 (with Helena Glebocki Keefe).
  1. “Spillover Effects of Quantitative Easing on Exports in Emerging Market Economies”, 2022, Global Economy Journal, 22(1), 1-25, https://doi.org/10.1142/S2194565922500038 (with Helena Glebocki Keefe).
  1. “On the Link between the Real Exchange Rate and Domestic Investment in Asia: Are There Asymmetric Effects?”, 2022, Journal of the Asia Pacific Economy, 29(2), 658-667, https://doi.org/10.1080/13547860.2022.2039440 (with Mohsen Bahmani-Oskooee).
  1. “Asymmetric Impact of Oil Price Changes on Stock Prices: Evidence from Country and Sectoral Level Data”, 2022, Journal of Economics and Finance, 46, 237-282, https://doi.org/10.1007/s12197-021-09559-3 (solo-authored).
  1. “Threshold Effects of Openness on Real and Nominal Effective Exchange Rates in Emerging and Developing Economies”, 2022, The World Economy, 45 (5), 1386-1408, https://doi.org/10.1111/twec.13212 (with Helena Glebocki Keefe).
  1. “On the Asymmetric Effects of Exchange Rate Volatility on the Trade Flows of India with each of its Fourteen Partners,” 2021, Macroeconomics and Finance in Emerging Market Economies, 14 (1), 66-85, https://doi.org/10.1080/17520843.2020.1765826 (with Mohsen Bahmani-Oskooee).
  1. “Exchange Rate Risk and Commodity Trade between U.S. and India: An Asymmetry Analysis”, 2020, Journal of the Asia Pacific Economy, 25 (4), 675-695, https://doi.org/10.1080/13547860.2019.1701307 (with Mohsen Bahmani-Oskooee).
  1. “On the Effects of Policy Uncertainty on Stock Prices”, 2019, Journal of Economics and Finance, 43, 764-778, https://doi.org/10.1007/s12197-019-09471-x (with Mohsen Bahmani-Oskooee).
  1. “On the Effects of Policy Uncertainty on Stock Prices: An Asymmetric Analysis”, 2019, Quantitative Finance and Economics, 3 (2), 412-424, https://doi.org/10.3934/QFE.2019.2.412 (with Mohsen Bahmani-Oskooee).
  1. “On the Relation between Exchange Rates and Stock Prices: A Non-Linear ARDL Approach and Asymmetry Analysis”, 2018, Journal of Economics and Finance, 42, 112-137, https://doi.org/10.1007/s12197-017-9388-8 (with Mohsen Bahmani-Oskooee).
  1. “Asymmetric Response of the U.S.-India Trade Balance to Exchange Rate Changes: Evidence from 68 Industries”, 2017, The World Economy, 40, 226-2254, https://doi.org/10.1111/twec.12521 (with Mohsen Bahmani-Oskooee).
  1. “Non-Linear Autoregressive Distributed Lag Approach and Bilateral J-Curve: India vs. Her Trading Partners”, 2017, Contemporary Economic Policy, 35 (3), 472-483, http://dx.doi.org/10.1111/coep.12197 (with Mohsen Bahmani-Oskooee).
  1. “Commodity Trade between the U.S. and Korea and the J-Curve Effect”, 2017, New Zealand Economic Papers, 51, 1-14, https://doi.org/10.1080/00779954.2015.1095786 (with Mohsen Bahmani-Oskooee and Jia Xu).
  1. “Do exchange rate changes have symmetric or asymmetric effects on stock prices”, 2016, Global Finance Journal, 31, 57-72, https://doi.org/10.1016/j.gfj.2016.06.005 (with Mohsen Bahmani-Oskooee).
  1. “Asymmetry Cointegration between the Value of the Dollar and Sectoral Stock Indices in the U.S.”, 2016, International Review of Economics and Finance, 46, 78-86, https://doi.org/10.1016/j.iref.2016.08.005 (with Mohsen Bahmani-Oskooee).
  1. “On the Relation between Stock Prices and Exchange Rates: A Review Article”, 2015, Journal of Economic Studies, 42(4), 707-732, https://doi.org/10.1108/JES-03-2015-0043 (with Mohsen Bahmani-Oskooee).

Working Papers 

  1. “The Effect of Financial Inclusion and Openness on Economic Growth: Evidence from Asian Countries”, revision requested by The Journal of International Trade & Economic Development (solo-authored).
  1. “Trading Capital Goods: The Growth Effects of Differing Combinations of Domestic and Imported Capital Goods”, submitted to The Journal of International Trade & Economic Development (with Uchechukwu Jarrett).

 (ii) Book Chapter

“An Economic Overview of India”, in Asian Countries: Economic, Political and Social Issues, Nova Science Publishers Inc., New York, 2021, 149-180.

 

Honors & Awards

Equity and Inclusion Pedagogy (EIP) Fellowship, Wabash College, 2021-2022, 2023-2024

Emergent Ventures Grant, Mercatus Center at George Mason University, 2023-2024

Wabash Public Policy Project (WPPP) Fellowship, Wabash College, Summer 2022

William L. Holahan Prize for Outstanding Teaching by a Graduate Student (2016)

 

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