Profile
Roles:
Biography:
Sushanta Mallick is a Professor of International Finance at the School of Business and Management, Queen Mary University of London, UK. Since October 2024, he has been serving as Managing Editor of Oxford Economic Papers—a prestigious journal with an 86-year legacy. This editorial role follows his decade-long tenure as Co-editor-in-Chief of Economic Modelling, which concluded in December 2024. He also serves as Co-editor-in-Chief of the Journal of Economic Surveys (a 35-year-old literature survey journal published by Wiley) and as one of the Co-editors of Economic Analysis and Policy (the journal of the Economic Society of Australia, established 54 years ago).
Professor Mallick holds a PhD in Economics from the University of Warwick, UK, and has published over 100 peer-reviewed articles in leading academic journals. According to the IDEAS/RePEc rankings, he is among the top 5% of economists globally.
Before transitioning to academia, he worked for six years in policy think tanks in India and the UK and spent nearly three years (1999–2001) in the private financial sector, covering Asian emerging markets at JPMorgan Chase (formerly Chase Manhattan Bank) in Hong Kong. Prior to joining Queen Mary in October 2006, he held academic and research positions at the Department of Economics, Loughborough University, UK [2003-2006]; Royal Institute of International Affairs (Chatham House), London, UK [2001-2003]; JPMorgan Chase (previously Chase Manhattan Bank) based in Hong Kong [1999-2001], and Institute for Social and Economic Change (with a year at Indian Statistical Institute), Bangalore, India [1991-1995].
His academic journey began at ISEC/ISI, followed by a Commonwealth Scholarship to pursue a PhD in Economics at Warwick (1995–1998). In addition to publishing a book based on his PhD research (Routledge Publishing, 1999), he has contributed 15 book chapters and published extensively in top international peer-reviewed journals.
Research
Research Interests:
Sushanta Mallick’s main research interests lie in international economics, banking & finance, and growth & development.
His current research focuses on three key areas:
- International Trade & Finance – Investigating how exporters’ pricing behavior evolves post-policy reforms (previously funded by the British Academy) and analyzing the real effects of monetary, fiscal, and exchange rate shocks in both advanced and emerging market economies.
- Banking & Financial Stability – Examining the link between monetary policy and asset prices, the impact of alternative financing sources on firm performance, strategies to prevent corporate financial misreporting, and efficiency & credit risk issues in banking.
- Innovation, Growth and Development – Measuring poverty through consumption deprivation (previously funded by the British Academy), studying social alienation (funded by the Leverhulme Trust), exploring the linkages between innovation and firm performance, and assessing the growth effects of human capital and financial development in low-income countries.
Centre and Group Membership:
Publications
Professor Mallick's research spans international economics, banking & finance, and innovation & development.
His work examines both macro and microeconomic aspects of international finance and development, including monetary policy, financial markets, economic growth, poverty, and macroeconomic modelling. His research has been published in high-impact journals, including: Journal of Econometrics, Journal of Corporate Finance, European Journal of Operational Research, British Journal of Management, Research Policy, Industrial Relations, British Journal of Industrial Relations, Economic Theory, Journal of Banking & Finance, Journal of Economic Behavior & Organization, Oxford Bulletin of Economics & Statistics, IMF Economic Review, Cambridge Journal of Economics, Journal of International Money and Finance, World Development, and many others.
Journal articles
- Cooray A, Mallick S, Dutta N (2014) “Gender-specific human capital, openness and growth: Exploring the linkages for south Asia”, Review of Development Economics, 18(1): 107-122
- Yang Y, Mallick S (2014) “Explaining cross-country differences in exporting performance: The role of country-level macroeconomic environment”, International Business Review, 23(1): 246-259
- Jawadi F, Mallick SK, Sousa RM (2014) “Nonlinear monetary policy reaction functions in large emerging economies: The case of Brazil and China”, Applied Economics, 46(9): 973-984
- Jha S, Mallick SK, Park D, Quising PF (2014) “Effectiveness of countercyclical fiscal policy: Evidence from developing Asia”, Journal of Macroeconomics, 40: 82-98
- Jawadi F, Mallick SK, Sousa RM (2014) “Fiscal policy in the BRICs”, Studies in Nonlinear Dynamics and Econometrics, 18(2): 201-215
- Mallick, S. K. (2014), Disentangling the Poverty Effects of Sectoral Output, Prices, and Policies in India. Review of Income and Wealth. doi: 10.1111/roiw.12026
- Mallick, S.K., and R.M. Sousa (2013), The real effects of financial stress in the Eurozone, International Review of Financial Analysis, 30: 1–17, December (published as lead article).
- Mallick, S.K., and Y. Yang (2013), Productivity performance of export market entry and exit: Evidence from Indian firms, Review of International Economics, 21 (4): 809-824, September.
- Cover, J.P., and S.K. Mallick (2012), Identifying sources of macroeconomic and exchange rate fluctuations in the UK, Journal of International Money and Finance, 31 (6): 1627-1648, October.
- Agnello, L., S.K. Mallick, and R.M. Sousa (2012), Financial reforms and income inequality, Economics Letters, 116 (3): 583-587, September.
- Mallick, S., and H. Marques (2012), Pricing to market with trade liberalization: The role of market heterogeneity and product differentiation in India’s exports, Journal of International Money and Finance, 31 (2): 310-336, March [This paper was included in Media Briefings, following presentation at the Royal Economic Society Annual Conference during 18-20 April 2011].
- Mallick, S., and Y. Yang (2011), Sources of Financing, Profitability and Productivity: First Evidence from Matched Firms, Financial Markets, Institutions and Instruments, 20 (5): 221–252, December.
- S.J, Ho., S.K. Mallick (2010), The impact of information technology on the banking industry, Journal of the Operational Research Society, 61(2):211-221, February.
- B. Granville, and S. Mallick, (2010) Monetary Policy in Russia: Identifying exchange rate shocks, Economic Modelling, 27 (1): 432-444, January.
- Granville, B., and S. Mallick (2009), Monetary and Financial Stability in the Euro Area: Pro-cyclicality versus Trade-off, Journal of International Financial Markets, Institutions & Money, 19 (4): 662–674, October.
- T.K. Kumar, S, Mallick J. Holla (2009) Estimating Consumption Deprivation in India Using Survey Data: A State-Level Rural-Urban Analysis Before and During Reform Period, Journal of Development Studies, 45(4): 441-470.
- Mallick, S.K., and S.J. Ho (2008), On Network Competition and Solow Paradox: Evidence from U.S. Banks, The Manchester School, 76 (s1): 37-57, September.
- S.K, Mallick, and H. Marques, (2008) Pass-through of exchange rate and tariffs into import prices of India: Currency depreciation versus import liberalization, Review of International Economics, 16 (4): 765-782
- Basu, S., and S. Mallick (2008), When Does Growth Trickle Down to the Poor? The Indian Case, Cambridge Journal of Economics, 32 (3): 461-477, May.
- S.K. Mallick, and H. Marques, (2008) Exchange rate transmission into industry level export prices: A tale of two policy regimes in India, IMF Staff Papers (now IMF Economic Review), 55 (1): 83-108
- S.K. Mallick, M. Mohsin (2007) Monetary Policy in High Inflation Open Economies: Evidence from Israel and Turkey, International Journal of Finance and Economics, 12(4):405-415
- B. Granville, S. Mallick, (2006) Does Inflation or Currency Depreciation Drive Monetary Policy in Russia? Research in International Business and Finance, 20(2): 163-179, ISSN: 0275-5319,
- S. Mallick (2006), Policy Instruments to Avoid Output Collapse: An Optimal Control Model for India Applied Financial Economics, 16(10): 761-776, ISSN: 0960-3107
- S. Mallick, H. Marques (2006) Sectoral Exchange Rate Pass-Through: Testing the Impact of Policy Reforms in India, Scottish Journal of Political Economy, 53(2): 280-303, ISSN: 0036-9292
- S. Basu, P. Arestis, S. Mallick, (2005) Financial Globalization: The Need for a Single Currency and a Global Central Bank, Journal of Post Keynesian Economics, 27: 507-531, ISSN: 0160-3477
- B. Granville, S. Mallick, (2005) How Best to Link Poverty Reduction and Debt Sustainability in IMF-World Bank Models? International Review of Applied Economics, 19(1): 67-85, ISSN: 0269-2171
- B. Granville, S. Mallick, (2004) Fisher Hypothesis: UK Evidence Over a Century, Applied Economics Letters, 11(2): 87-90, ISSN: 1350-4851
- B. Granville, S. Mallick, (2004) Pension Reforms and Saving Gains in the UK, Journal of Policy Reform, 7(2): 123-136, ISSN: 1384-1289
- S. Mallick (2004) A Dynamic Macroeconometric Model For Short-Run Stabilization in India, Applied Economics, 36(3): 261-276, ISSN: 0003-684
Books & chapters
- B. Granville, S. Mallick, (2006) Monetary Policy in Russia, Chapter 4: 73-89 in L. Vinhas de Souza and O. Havrylyshyn (eds.), Return to Growth in CIS Countries, Monetary Policy and the Macroeconomic Framework, Springer, ISBN:10 3-40-34263-X, ISBN: 13 978-3-540-34263-2.
- B. Granville, S. Mallick, (2006) Integrating Poverty Reduction in IMF-World Bank Models, In A. Paloni and M. Zanardi (eds.), The IMF, The World Bank and Policy Reforms, Routledge: 191-208, ISBN: 0-415-35399-8
A list of Dr Mallick's latest publications can be found at: http://skmallick.busman.qmul.ac.uk
Scholarly Contributions
Co-Director, Finance Research Cluster