Maitreesh Ghatak

Last updated

Maitreesh Ghatak
Born (1968-02-07) 7 February 1968 (age 55)
NationalityIndian
Academic career
Institution London School of Economics
Field Development economics, Microeconomics, Contracts and Organizations, Public Economics
School or
tradition
Development Economist
Alma mater University of Calcutta (B.Sc.)
University of Delhi (M.A.)
Harvard University (Ph.D.)
Doctoral
advisor
Eric Maskin
Contributions Microfinance, Property Rights, Public Organizations
Information at IDEAS / RePEc

Maitreesh Ghatak FBA (born 7 February 1968) is an Indian economist who is the professor of economics at the London School of Economics. [1] [2] [3] He is an applied microeconomic theorist with research interests in economic development, public economics, and the economics of organisations.

Contents

Works

His research interests include microfinance, property rights, occupational choice, collective action, and the economics of NGOs and non-profits. [4] He did his schooling in Patha Bhavan, Kolkata and went on to do his undergraduate studies at Presidency College, Kolkata. He has a M.A. in economics from the Delhi School of Economics and a PhD in economics from Harvard University under the supervision of Eric Maskin and Abhijit Banerjee. He taught at the department of economics of University of Chicago [5] before moving to the London School of Economics [1] where he has taught since 2002. He has held visiting positions at the Institute for Advanced Study in Princeton, Yale University, Northwestern University, and the Indian Statistical Institute, Kolkata. He is currently a co-editor of Economica, a former managing editor of the Review of Economic Studies , [6] a former editor in chief of the Journal of Development Economics , [7] and a former co-editor of the Economics of Transition. He directs the research group Economic Organization and Public Policy (EOPP) [2] [8] at the LSE. He is the Lead Economist of the DFID-funded [9] International Growth Centre's India (Bihar) programme. [10] He is a board member [11] of the Bureau for Research in the Economic Analysis of Development, [12] also known as the BREAD. He writes occasional essays in various newspapers and magazines on economic and political issues, in English as well as in Bengali. [13] [14] [15] [16] [17]

In July 2018 Ghatak was elected Fellow of the British Academy (FBA). [18]

Select bibliography

Related Research Articles

<span class="mw-page-title-main">Public good (economics)</span> Good that is non-excludable and non-rival

In economics, a public good is a good that is both non-excludable and non-rivalrous. Use by one person neither prevents access by other people, nor does it reduce availability to others. Therefore, the good can be used simultaneously by more than one person. This is in contrast to a common good, such as wild fish stocks in the ocean, which is non-excludable but rivalrous to a certain degree. If too many fish were harvested, the stocks would deplete, limiting the access of fish for others. A public good must be valuable to more than one user, otherwise, its simultaneous availability to more than one person would be economically irrelevant.

Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels.

<span class="mw-page-title-main">State ownership</span> Ownership of industry, assets, or businesses by a public body

State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership.

<span class="mw-page-title-main">Public goods game</span> Experimental economics game

The public goods game is a standard of experimental economics. In the basic game, subjects secretly choose how many of their private tokens to put into a public pot. The tokens in this pot are multiplied by a factor and this "public good" payoff is evenly divided among players. Each subject also keeps the tokens they do not contribute.

<span class="mw-page-title-main">IZA Institute of Labor Economics</span> German think tank

The IZA - Institute of Labor Economics, until 2016 referred to as the Institute for the Study of Labor (IZA), is a private, independent economic research institute and academic network focused on the analysis of global labor markets and headquartered in Bonn, Germany.

<span class="mw-page-title-main">Michael Kremer</span> American economist and Nobel laureate (born 1964)

Michael Robert Kremer is an American development economist currently serving as University Professor in Economics at the University of Chicago and Director of the Development Innovation Lab at the Becker Friedman Institute for Research in Economics. Kremer formerly served as the Gates Professor of Developing Societies at Harvard University, a role he held from 2003 to 2020. In 2019, Kremer was jointly awarded the Nobel Memorial Prize in Economic Sciences, together with Esther Duflo and Abhijit Banerjee, "for their experimental approach to alleviating global poverty."

<span class="mw-page-title-main">Tim Besley</span> British academic economist

Sir Timothy John Besley, is a British academic economist who is the School Professor of Economics and Political Science and Sir W. Arthur Lewis Professor of Development Economics at the London School of Economics (LSE).

<span class="mw-page-title-main">Fabrizio Zilibotti</span> Italian economist

Fabrizio Zilibotti is an Italian economist. He is the Tuntex Professor of International and Development Economics at Yale University. Zilibotti was previously professor of economics at University College London, the University of Zürich, and at the Institute for International Economic Studies in Stockholm.

Property rights are constructs in economics for determining how a resource or economic good is used and owned, which have developed over ancient and modern history, from Abrahamic law to Article 17 of the Universal Declaration of Human Rights. Resources can be owned by individuals, associations, collectives, or governments.

<i>Economica</i> Academic journal

Economica is a peer-reviewed academic journal of generalist economics published on behalf of the London School of Economics by Wiley-Blackwell. Established in 1921, it is currently edited by Nava Ashraf, Oriana Bandiera, Tim Besley, Francesco Caselli, Maitreesh Ghatak, Stephen Machin, Ian Martin, and Gianmarco Ottaviano.

<span class="mw-page-title-main">Abhijit Banerjee</span> Indian economist

Abhijit Vinayak Banerjee is an Indian-born naturalized American economist who is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. He is co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), an MIT based global research center promoting the use of scientific evidence to inform poverty alleviation strategies. In 2019, Banerjee shared the Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer, "for their experimental approach to alleviating global poverty." He and Esther Duflo are married, and became the sixth married couple to jointly win a Nobel or Nobel Memorial Prize.

<span class="mw-page-title-main">Abdul Latif Jameel Poverty Action Lab</span> Global research center working to reduce poverty

The Abdul Latif Jameel Poverty Action Lab (J-PAL) is a global research center working to reduce poverty by ensuring that policy is informed by scientific evidence. J-PAL conducts randomized impact evaluations to answer critical questions in the fight against poverty, and builds partnerships with governments, NGOs, donors, and others to generate new research, share knowledge, and scale up effective programs.

Conflict economics is a branch of economics that puts the allocation of resources by means of violent fighting, i.e. conflict, into economic models.

<span class="mw-page-title-main">Uri Gneezy</span> Israeli-American behavioral economist

Uri Hezkia Gneezy is an Israeli-American behavioral economist, known for his work on incentives. He currently holds the Epstein/Atkinson Endowed Chair in Behavioral Economics at the University of California, San Diego's Rady School of Management. He is also a visiting research professor at the University of Amsterdam and NHH in Bergen.

<span class="mw-page-title-main">Robin Burgess</span> British economist

Robin Burgess, is a Professor of Economics, Co-founder and Director of the International Growth Centre, as well as Co-Founder and Director of the Economics of Energy and the Environment (EEE) program at the London School of Economics and Political Science.

Fiscal capacity is the ability of the state to extract revenues to provide public goods and carry out other functions of the state, given an administrative, fiscal accounting structure. In economics and political science, fiscal capacity may be referred to as tax capacity, extractive capacity or the power to tax, as taxes are a main source of public revenues. Nonetheless, though tax revenue is essential to fiscal capacity, taxes may not be the government's only source of revenue. Other sources of revenue include foreign aid and natural resources.

<span class="mw-page-title-main">Oriana Bandiera</span> Italian economist

Oriana Bandiera, FBA is an Italian development economist and academic, who is currently the Sir Anthony Atkinson Professor of Economics at the London School of Economics. Her research focuses on development, labour, and organisational economics. Outside of her academic appointment, she is co-editor of Econometrica, and an affiliate of the Centre for Economic Policy Research and Bureau for Research and Economic Analysis of Development. A fellow of the Econometric Society and the British Academy, she received the Yrjö Jahnsson Award in 2019, an award granted annually to the best European economist(s) under the age of 45.

Jeanne Lafortune is a Canadian economist who currently works as an Full Professor in Economics and Director of Research at the Pontifical Catholic University of Chile. She is also a researcher at the Abdul Latif Jameel Poverty Action Lab, which is a global research center that aims to reduce poverty and improve life quality of people in the Caribbean and Latin America. Lafortune holds a Ph.D. in economics from the Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts. Her research interests focus on three main fields, including economic history, family and development economics.

Stephen Thomas Redvers Coate is a British-American economist and currently Kiplinger Professor of Public Policy at Cornell University. His research focuses on developing economic models to analyze public policy issues.

Emily Breza is an American development economist currently serving as the Frederic E. Abbe Professor of Economics at Harvard University. She is a board member at the Abdul Latif Jameel Poverty Action Lab, and an affiliated researcher at the International Growth Centre and National Bureau of Economic Research. Breza's primary research interests are in development economics, in particular the interplay between social networks and household finance. She is the recipient of a Sloan Research Fellowship.

References

  1. 1 2 "Maitreesh Ghatak, Economics Department, LSE" . Retrieved 8 March 2011.
  2. 1 2 "Staff Biography, STICERD, LSE" . Retrieved 8 March 2011.
  3. "Maitressh Ghatak, LSE Research and Expertise" . Retrieved 8 March 2011.
  4. "Maitreesh Ghatak's Publications on LSE Research Online" . Retrieved 8 March 2011.
  5. "The University of Chicago Record" (PDF). p. 6. Retrieved 8 March 2011.
  6. "Current Editorial Board of Review of Economic Studies". Archived from the original on 27 July 2011. Retrieved 8 March 2011.
  7. "Journal of Development Economics Home Page" . Retrieved 8 March 2011.
  8. "Economic Organisation and Public Policy Programme (EOPP)". Archived from the original on 20 June 2011. Retrieved 8 March 2011.
  9. "About US, International Growth Centre" . Retrieved 8 March 2011.
  10. "International Growth Center, Bihar". Archived from the original on 2 April 2011. Retrieved 8 March 2011.
  11. "BREAD Board of Directors". Archived from the original on 8 March 2013. Retrieved 8 March 2011.
  12. "Bureau for Research and Economic Analysis of Development" . Retrieved 8 March 2011.
  13. Ghatak, Maitreesh (24 August 2009). "Small is Smart". Financial Express. Retrieved 14 August 2018.
  14. Ghatak, Maitreesh (9 January 2010). "What Crisis Has Taught Economics". Financial Express. Retrieved 8 March 2011.
  15. Ghatak, Maitreesh (23 March 2009). "Poor Man's Capitalism". Financial Express. Retrieved 8 March 2011.
  16. Ghatak, Maitreesh (12 January 2009). "Barefoot businessmen". Financial Express. Retrieved 8 March 2011.
  17. Maitreesh Ghatak; Sanjay Banerji (30 September 2009). "No way out of this plot". Financial Express. Retrieved 8 March 2011.
  18. "Record number of academics elected to British Academy | British Academy". British Academy. Retrieved 22 July 2018.
  19. Ghatak, M (1999). "Group lending, local information and peer selection". Journal of Development Economics. 60 (1): 27–50. doi:10.1016/S0304-3878(99)00035-8.
  20. Ghatak, M (1999). "The economics of lending with joint liability: theory and practice". Journal of Development Economics. 60 (1): 195–228. doi: 10.1016/S0304-3878(99)00041-3 .
  21. Ghatak, Maitreesh; Morelli, Massimo; Sjostrom, Tomas (2001). "Occupational Choice and Dynamic Incentives". Review of Economic Studies. 68 (4): 781–810. doi:10.1111/1467-937X.00190.
  22. Besley, Timothy; Ghatak, Maitreesh (2001). "Government versus Private Ownership of Public Goods*". Quarterly Journal of Economics. 116 (4): 1343–1372. CiteSeerX   10.1.1.584.6739 . doi:10.1162/003355301753265598. S2CID   39187118.
  23. Banerjee, Abhijit V.; Gertler, Paul J.; Ghatak, Maitreesh (2002). "Empowerment and Efficiency: Tenancy Reform in West Bengal". Journal of Political Economy. 110 (2): 239–280. doi:10.1086/338744. S2CID   35935397.
  24. Besley, Timothy; Ghatak, Maitreesh (2005). "Competition and Incentives with Motivated Agents". American Economic Review. 95 (3): 616–636. CiteSeerX   10.1.1.322.9595 . doi:10.1257/0002828054201413. S2CID   11320344.
  25. Besley, T; Ghatak, M (2007). "Retailing public goods: the economics of corporate social responsibility☆". Journal of Public Economics. 91 (9): 1645–1663. CiteSeerX   10.1.1.469.2929 . doi:10.1016/j.jpubeco.2007.07.006.
  26. Ghatak, Maitreesh; Mueller, Hannes (2011). "Thanks for nothing? Not-for-profits and motivated agents". Journal of Public Economics. 95 (1–2): 94–105. CiteSeerX   10.1.1.368.5977 . doi:10.1016/j.jpubeco.2010.09.003. S2CID   9696431.
  27. Ghatak, Maitreesh; Jaravel, Xavier (2020). "Is Funding a Large Universal Basic Income Feasible? A Quantitative Analysis of UBI with Endogenous Labour Supply". LSE Public Policy Review. 1 (2). doi: 10.31389/lseppr.9 .