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Reshmi Sengupta
Reshmi Sengupta is Associate Professor of Economics and Co-Chair in the Center for Economics and Public Policy at FLAME University, Pune. She received her Ph.D. from Northern Illinois University, M.Sc. from the University of Calcutta, Kolkata. She also holds a Post-Graduate Diploma in Health Services Management from the Indian Institute of Public Health, Bhubaneswar.
Her research interest lies in analysing large-scale survey datasets using modern econometric methods, primarily in development and health economics, to produce convincing evidence for public policy decisions. She has provided research consultations in the Post-Sachar Evaluation Committee Report (Kundu Committee), Centre for Telangana Studies, MCRHRDI & CDPP, Hyderabad, and Economics Survey of Jharkhand, for the Government of Jharkhand.
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How financial stress impacts consumer confidence
The financial turmoil of 2008 and the subsequent recession amplified the association between vulnerabilities in the financial markets and the real economy. Examining the behavioural responses of Indian households to financial stress, this article finds that rising financial stress raises household pessimism about the economy – more substantially affecting current perceptions than future outlooks. Further, the impact varies by demographic characteristics such as income and education.
