Abhay Pratap Raghuvanshi

Abhay Pratap Raghuvanshi is a Ph.D. candidate in Economics at the Indian Institute of Technology Kanpur, with an expected graduation in June 2025. He holds an MPhil in Economics from Jawaharlal Nehru University and an MA in Economics from the University of Hyderabad. Abhay is an applied macroeconomist with expertise in monetary policy transmission, financial markets, and macro-financial linkages in emerging economies. His research focuses on the role of firm and bank heterogeneity in shaping monetary policy effects. Abhay combines empirical techniques such as time-series econometrics, local projection methods, and Bayesian VARs to explore complex monetary dynamics. He has extensive teaching and research experience at leading academic institutions.

Abhay has held various teaching and academic roles across institutions. He has served as a Teaching Assistant at the Department of Economic Sciences, IIT Kanpur from 2022 to 2025, supporting courses in macroeconomics, econometrics, and financial economics. In addition, he has been a Guest Faculty at BML Munjal University and MIT World Peace University, teaching monetary economics and econometrics. Earlier, he worked as an Assistant Professor at the School of Management Sciences, Lucknow, where he taught business and managerial economics, and as a remedial instructor at Jawaharlal Nehru University.

Abhay’s research focuses on applied macroeconomics with an emphasis on:

• Monetary policy transmission in emerging economies
• Firm and bank heterogeneity
• Macro-financial linkages
• Financial and sectoral transmission of macroeconomic shocks
• Role of structural features in shaping policy outcomes
   

Abhay believes in fostering critical and independent thinking among students by blending theoretical insights with empirical applications. He emphasizes clarity of concepts and policy relevance, using real-world datasets and case studies.

At IIT Kanpur (Teaching Assistant):

• Monetary Economics
• Financial Econometrics
• Advanced Macroeconomics
• Financial Economics
• Macroeconomics II
• Econometrics I
• Introduction to Mathematical Economics

As Guest Faculty:

•  Monetary Economics (BML Munjal University)
• Econometrics, Financial Economics (MIT World Peace University)

As Assistant Professor:

• Microeconomics
• Macroeconomics
• Managerial Economics
• Business Economics
• Business Statistics
   

• Best Paper Award, AIRC Conference 2025, IIM Lucknow
• Senior Research Fellowship, IIT Kanpur
• Junior Research Fellowship, IIT Kanpur
• UGC NET-JRF, 2017 - 2018
• Central Sector Scholarship, Ministry of Education, 2010 - 2015
• First Rank, in College (First and Second Year of BA Economics)
   

Abhay has presented his work at international and national conferences including:

•  India Finance Conference (2023)
• Vietnam Symposiums on Banking, Finance & Economic Issues (2023, 2024)
•  Monash University’s Financial Markets Conference (2024)
• IMRC at IIM Ahmedabad (2024)
• AIRC at IIM Lucknow (2025)

He is a reviewer for Finance Research Letters and has published in Journal of Asian Economics. His current working papers explore heterogeneity in monetary policy transmission using Indian firm- and bank-level data.

abhay.raghuvanshi@ddn.upes.ac.in