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Dr. Mandal joined the Siena College Economics department in Fall 2009 as Visiting Assistant Professor in Economics. He holds a PhD in Economics from University at Albany, SUNY. He also holds a Masters Degree in Economics from Delhi School of Economics, Delhi and a Bachelors Degree in Economics from St. Stephens College, Delhi. His primary areas of research in labor search theory. He is also interested in econometrics and system dynamics. Prior to joining Siena College, he taught as Visiting Assistant Professor in Economics at Hartwick College and as an adjunct lecturer in Economics at University at Albany, SUNY. He also worked at Fidelity Investments and New York State Ways and Means Committee.

Degree Program University
Ph.D. Economics University at Albany, SUNY
M.A. Economics Delhi School of Economics
B.A.(Hons) Economics St. Stephens College, University of Delhi

My Siena Experience

My Teaching Philosophy

My teaching interests mainly revolve around connecting theory with reality. I believe every big idea starts with a simple idea and often simple ideas emerge from our daily lives. Economics is a social science where theory connects very intimately with reality. Avoiding either of these aspects will fail the purpose of teaching economics. Therefore, in my courses, I try to link day-to-day decisions with simple theory, often using a simple demand and supply framework. It is my experience that students gain a deeper understanding of an issue when they discuss it with their peers. Consequently, I encourage students to participate in class discussions and I provide projects and assignments.

What I Love About Siena

Best part of being a teacher is the ability to interact with students. At Siena due to its smaller class size and its emphasis on liberal arts education, I am able to develop deeper connection with my students. It's always fun to interact with students and having deeper conversation on various economic and social issues. Also, Siena as community is extremely supportive and collegial. Being a part of this community gives me a sense of belonging.

My Favorite Courses to Teach

I enjoy teaching principles of macroeconomics and microeconomics. Teaching these introductory classes is extremely refershing for me. Apart form these, I also enjoy teaching upper level Financial Crisis, History of Economic Doctrines and Economics of Discrimination.

My Professional Experience

Year Title Organization
2021 - Now Professor of Economics Siena College
2019 - 2022 Department Chair Siena College
2015 - 2016 Interim Director for International Studies Minor Siena College
2015 - 2021 Associate Professor of Economics Siena College
2011 - 2015 Assistant Professor of Economics Siena College
2009 - 2011 Visiting Assistant Professor of Economics Siena College
2008 - 2009 Visiting Assistant Professor of Economics Hartwick College
2007 - 2008 Adjunct Lecturer University at Albany, SUNY
2006 - 2006 Technical Intern Fidelity Investments
2003 - 2007 Graduate Assistant University at Albany, SUNY
2002 - 2003 Research Economist TARU

Current Research

Macroeconomics, Labor Economics, Econometrics, System Dynamics, Economics of Discrimination

Articles & Book Reviews

  • Do Employment Protection Legislations Increase Total Factor Productivity? A Cross-Country Panel Data Analysis of OECD Countries
    Empirical Economics Letters, vol. 20
    January, 2021
  • Transnational Remittances and State Protection of Human Rights: A Case for Caution
    Economic Notes
    April, 2019
  • A Note on How and Why Growth and Unemployment Go Hand in Hand in Developing Economies
    International Economic Journal, vol. 29
    November, 2015
  • Productivity Shocks, Sectoral Shifts and Unemployment in a Two Sector Search Framework
    International Conference on Emerging Trends in Computational and Applied Mathematics (ICCAM)
    2014
  • The Indian Stock Market and the Great Recession
    Theoretical and Applied Economics, vol. XIX
    March, 2012
  • Job and Worker Flows: Evidence from New York State Counties
    New York State Economics Association
    2010
  • Understanding Labor Flows in New York State Using Local Employment Dynamics Data
    New York State Economics Association, vol. 2
    October, 2009
  • Consumer Confidence and Labor Market in New York State
    New York State Economics Association, vol. 5
    Fall, 2012
  • Consumer Confidence and the Unemployment Rate in New York State: A Panel Study
    New York Economic Review, vol. 44
    Fall, 2013
  • Do Labor Rights Help to Protect Human Rights? An Empirical Exploration
    Applied Economics Letters, vol. 28
    Winter/Spring, 2021
  • Does NOTA Affect Voter Turnout? Evidence from State Legislative Elections in India
    Asian Journal of Economic Modelling, vol. 5
    Fall, 2017
  • Does a Free Media Protect Labor Rights?
    Applied Economics Letters, vol. 26
    Spring/Summer, 2019
  • Health, Health Production and Input Financing: A Theoretical Note
    Theoretical and Applied Economics, vol. XXXVIII
    Spring, 2021
  • Matching Function: Estimations Using JOLTS
    THE INTERNATIONAL JOURNAL OF APPLIED ECONOMICS AND FINANCE, vol. 5
    Spring, 2011
  • Rape of the Subaltern: India's Recent Sexual Violence in Perspective
    International Review of Modern Sociology, vol. 43
    Spring, 2017
  • Saints Christmas Trees Pricing Analysis
    Journal of Business Case Studies, vol. 9
    Jan/Feb, 2013

Awards & Distinctions

  • NEH Summer Institute, The History of Political Economy
    Category: Teaching-Research
    National Endowment for Humanities, 2016
  • ACE Community-Engaged Faculty Member of the Year
    Category: Service-University
    Academic Community Engagement Office, 2013
  • Curriculum Diversification Award
    Category: Teaching
    Committee on Teaching and Faculty Development and DAC, 2013
  • Summer Research Fellowships
    Category: Research
    Committee on Teaching and Faculty Development, 2011

Books & Book Chapters

  • The Globalization Conundrum--Dark Clouds behind the Silver Lining: Global Issues and Empirics
    Springer
    2019

Presentations

  • Does Higher Economic Complexity Improve Labor Rights? A Cross-Country Panel Analysis
    2023
    New York State Economics Association Annual Conference, Old Westbury, New York
  • Do Better Labor Rights Lead to Lower Suicides? A Cross-Country Panel Analysis
    2022
    Southern Economic Association, Fort Lauderdale, Florida
  • Does Foreign Aid Promote Labor Rights and Human Rights? An Empirical Investigation
    2022
    New York State Economics Association Annual Conference, Old Westbury, New York
  • Does Higher Minimum Wage Discourage College Enrollment? A Cross-State Empirical Study
    2022
    Southern Economic Association, Fort Lauderdale, Florida
  • Financialization of the Global Economy and State Protection of Human Rights
    2021
    New York State Economics Association Annual Conference, Online, New York
  • Minimum Wage and College Enrollment: An Empirical Analysis
    2021
    New York State Economics Association Annual Conference, Online, New York
  • Do Better Labor Rights Led to Better Health Outcomes? A Cross-Country Panel Analysis
    2020
    New York State Economics Association Annual Conference, New York, New York
  • Do Employment Protection Legislations Lower Labor Productivity? A Cross-Country Panel Data Analysis of OECD Countries
    September, 2019
    New York State Economics Association Annual Conference, Rochester, New York
  • Labor Market Regulation and the Security of Human Rights
    September, 2019
    New York State Economics Association Annual Conference, Rochester, New York
  • Does Greater Political Representation of Women help to Protect Worker Rights? A Cross-national Investigation
    May, 2019
    Inclusive and sustainable economic growth. Challenges, measures and solutions (ISEG-2019), Brasov, Romania
  • Does Increased Capital Account Openness Protect Human Rights? A Cross Country Analysis
    March, 2019
    Eastern Economic Association Annual Conference, New York, New York
  • Does Greater Political Representation of Women help to Protect Worker Rights? A Cross-national Investigation
    2019
    Calcutta University Political Economy Workshop, Kolkata, India
  • Does Greater Political Representation of Women help to Protect Worker Rights? A Cross-national Investigation
    2019
    St. Xavier College, Kolkata, India
  • Does Immigration Weaken Worker Rights? An Empirical Investigation
    2019
    OP Jindal Global University, Sonipat, India
  • Globalization and the Indian Economy
    2019
    St. Paul School, Darjeeling, India
  • Does Greater Political Representation of Women help to Protect Labor Rights? An Empirical Investigation
    October, 2018
    New York State Economics Association Annual Conference, Rochester, New York
  • Transnational Remittances and State Protection of Human Rights: A Case for Caution
    September, 2018
    URPE 50th Anniversary Conference, Amherst, Massachusetts
  • Does Greater Political Representation of Women help to Protect Worker Rights? A Cross-national Investigation
    2018
    International Assocation for Feminist Economics Conference, New Paltz, New York
  • Does a Free Media Protect the Rights of Labor? A Comparative Perspective
    2018
    Eastern Economic Association Annual Conference, New York, New York
  • Financialization and Labor Rights: An Empirical Investigation
    February, 2017
    Eastern Economic Association Annual Conference, New York, United States of America
  • Does Trade Improve Labor Rights in Developed Countries? An Empirical Investigation
    2017
    New York State Economics Association Annual Conference, Farmingdale, New York
  • Do Small Businesses Create More Jobs? Evidence for New York State from Quarterly Workforce Indicators
    2016
    International Academic Conference on Development in Scinece and TEchnology, Paris, France
  • Does Negative Voting Affect Voter Turnout? Evidences from State Legislative Elections in India
    2016
    Invited Presentation in Visva-Bharati University, India, Bolepur, India
  • Does Trade Improves Labor Rights in Developed Countries? An Empirical Investigation
    2016
    5th IIFT Conference on Empirical Issues in International Trade and Finance, Kolkata, India
  • U.S. Housing Crisis: Lessons for India
    2016
    Invited Lecture in BML Munjal University India, Gurgaon, India
  • Witch-hunting the subaltern: India's recent sexual violence in perspective
    2016
    Justice Studies Association Conference, Albany, New York
  • Do Small Businesses Create More Jobs? Evidence for New York State from Quarterly Workforce Indicators
    October, 2015
    New York State Economic Association, Loudonville, New York
  • Does Negative Voting Affect Voter Turnout? Evidence from Indian Elections
    October, 2015
    New York State Economic Association, Loudonville, New York
  • Productivity Shocks, Sectoral Shifts and Unemployment in a Two Sector Search Framework
    June, 2014
    International Conference on Emerging Trends in Computational and Applied Mathematics (ICCAM), Gurgaon, India
  • Seasonality and Autocorrelation: The typical problem children in business statistics
    January, 2013
    Joint Mathematical Meetings, San Diego, California
  • The Great Recession and Labor Market Flows in New York State: A Gender Perspective
    January, 2013
    American Economics Association, San Diego, California
  • The Great Recession and Gender Based Discrimination in Labor Market: Evidence from New York State
    2013
    Capital District Feminist Studies Conference, Loudonville, New York
  • The Great Recession and Gender Based Discrimination in Labor Market: Evidence from New York State
    2013
    New York State Economics Association, Farmingdale, New York
  • Consumer Confidence and Labor Market in New York State
    2012
    New York State Economics Association, Farmingdale, New York
  • Saints Christmas Trees Pricing Analysis
    2012
    Siena College, Loudonville, New York
  • A Measure to Identify 'Bubble Formation' in Real Estate Markets
    2011
    New York State Economics Association, Rochester, New York
  • The Indian Stock Market and the Great Recession
    2011
    University of Lancaster/G.D. Goenka World Institute, Gurgaon, India
  • Unemployment and Labor Search Theory
    2011
    Calcutta University, Kolkata, India
  • Job and Worker Flows: Evidence from New York State Counties
    2010
    New York State Economics Association, Rochester, New York
  • Vacancies and Unemployment in Two Sector Search Framework
    2010
    Southern Economic Association, Atlanta, Georgia
  • Understanding Labor Flows in New York State Using Local Employment Dynamics Data
    2009
    New York State Economics Association, Ithaca, New York
  • Vacancies and Unemployment in Two Sector Search Framework
    2009
    Indian Institute of Technology, Delhi, India
  • Vacancies and Unemployment in Two Sector Search Framework
    2009
    Siena College, Loudonville, New York