Photo of Professor Marfatia in a suit, smiling at the camera
Associate Professor, Economics Advisor
College of Arts and Sciences
(773) 442-5712
Macroeconomics & Monetary Policy, Financial Economics, Econometrics
Courses Taught
Principles of Macroeconomics
Principles of Microeconomics
Money and Banking
Intermediate Macroeconomics
Financial Economics
Business & Economics Statistics I
Economic Development
Research Interests
Macroeconomics & Monetary Policy, Financial Economics, Econometrics.

Ph.D. Economics, University of Wisconsin-Milwaukee, 2013.

M.A. Economics, University of Wisconsin-Milwaukee, 2009.

M.A. Economics, University of Mumbai, India, 2005.

B.A.  Commerce, University of Mumbai, India, 1998.

Selected Publications

Estimating the New Keynesian Phillips Curve for the U.K.: Evidence from the Inflation-Indexed Bonds Market. The B.E. Journal of Macroeconomics, Forthcoming.

A Fresh Look at Integration of Risks in the International Stock Markets: A Wavelet Approach. Review of Financial Economics, Forthcoming.

The Dynamic Relationship between Housing Prices and the Macroeconomy: Evidence from OECD Countries. (with N. Kundan Kishor). The Journal of Real Estate Finance and Economics, 2017, Vol 54(2): 237-268.

The Role of Push and Pull Factors in Driving Global Capital Flows. Applied Economics Quarterly, 2016, 62(2): 117-146.

Monetary policy's time-varying impact on the US bond markets: Role of financial stress and risks. The North American Journal of Economics and Finance, 2015, 34: 103-123.

Room BBH 344G
Northeastern Illinois University
5500 North St. Louis Avenue
Chicago, IL 60625
United States

(773) 442-5712
Office Hours
Summer 2024 - Through June 28, 2024
Monday & Wednesday : 4-6 p.m.
-or by appointment via Google Meets-
Main Campus