Hardik A. Marfatia, Ph.D.
Economics
Associate Professor
Office:
BBH 344G
Phone:
(773) 442-5712
Email:
h-marfatia@neiu.edu
Office Hours:
Spring 2026 by appointment: Monday and Wednesday 11:00 - 11:30 a.m. and 2:15 - 3:00 p.m.; Mondays 3:30 - 5 p.m. (Google Meet); Wednesdays 5:00 - 6:30 p.m. (Google Meet)
Research Interests
Macroeconomics & Monetary Policy, Financial Economics, Econometrics.
Education
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.
Additional Information
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