Skip to main content Skip to main content

Subhayu Bandyopadhyay

Economic Policy Advisor

Education

Ph.D. Economics
University of Maryland
1992

M.A. Economics
Jawaharlal Nehru University
1986

B.S. Economics
Presidency College
1983

Contact Info

Phone: (314) 444-7425
Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries, contact:
Shera Dalin
mediainquiries@stls.frb.org
Phone: (314) 444-3911

Subhayu Bandyopadhyay

Economic Policy Advisor




Review Articles

"The Trade-Offs of Counterterrorism Policies"
with  Todd Sandler
Federal Reserve Bank of St. Louis Review, Third Quarter 2023
https://doi.org/10.20955/r.105.177-97

"Offshoring to a Developing Nation with a Dual Labor Market"
with  Arnab Basu,  Nancy Chau, and  Devashish Mitra
Federal Reserve Bank of St. Louis Review, Third Quarter 2020
https://doi.org/10.20955/r.102.237-53

"Effects of Credit Supply on Unemployment and Income Inequality"
with  Elias Dinopoulos and  Bulent Unel
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2018
https://doi.org/10.20955/r.100.345-62

"Terrorism, Trade, and Welfare"
with  Todd Sandler and  Javed Younas
Federal Reserve Bank of St. Louis Review, Third Quarter 2017
https://doi.org/10.20955/r.2017.295-306

"The Effects of Terrorism on Trade: A Factor Supply Approach"
with  Todd Sandler
Federal Reserve Bank of St. Louis Review, Third Quarter 2014
https://doi.org/10.20955/r.96.229-241

"Donor Motives for Foreign Aid"
with  E. Katarina Vermann
Federal Reserve Bank of St. Louis Review, July/August 2013
https://doi.org/10.20955/r.95.327-336

"Do Countries with Greater Credit Constraints Receive More Foreign Aid?"
with  Sajal Lahiri and  Javed Younas
Federal Reserve Bank of St. Louis Review, November/December 2012
https://doi.org/10.20955/r.94.481-493

"The Extent and Impact of Outsourcing: Evidence from Germany"
with  Craig P. Aubuchon and  Sumon Bhaumik
Federal Reserve Bank of St. Louis Review, July/August 2012
https://doi.org/10.20955/r.94.287-304

"Political Economy Determinants of Non-agricultural Trade Policy"
with  Suryadipta Roy
Federal Reserve Bank of St. Louis Review, March/April 2011
https://doi.org/10.20955/r.93.89-104

"Do Donors Care About Declining Trade Revenue from Liberalization? An Analysis of Bilateral Aid Allocation"
with  Javed Younas
Federal Reserve Bank of St. Louis Review, May/June 2009
https://doi.org/10.20955/r.91.141-154

"The Determinants of Aid in the Post-Cold War Era"
with  Howard J. Wall
Federal Reserve Bank of St. Louis Review, November/December 2007
https://doi.org/10.20955/r.89.533-548


Regional Economist Articles

"Immigrant Employment Patterns during the Pandemic"
with  Praew Grittayaphong
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2022

"What Is Driving Unauthorized Immigration to the U.S.?"
with  Praew Grittayaphong
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2021

"Educational Attainment of Immigrants at the National and Eighth District Levels"
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2020, Vol. 28, No. 4

"Immigration: The Characteristics of Green Card Holders"
with  Asha Bharadwaj
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2019, Vol. 27, No. 4

"Unauthorized Immigration in the U.S.: Trends in Recent Years"
with  Asha Bharadwaj
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2018, Vol. 26, No. 4

"Taking a Closer Look at U.S. Exports to China"
with  Asha Bharadwaj and  Suryadipta Roy
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2018, Vol. 26, No. 3

"Regional Economist: 100 Issues and Counting"
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2017, Vol. 25, No. 4

"Trade and Terror: The Impact of Terrorism on Developing Countries"
with  Javed Younas
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2017, Vol. 25, No. 4

"Comparing Income, Education and Job Data for Immigrants vs. Those Born in U.S."
with  Rodrigo Guerrero
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2017, Vol. 25, No. 2

"Immigrants to the U.S.: Where They Are Coming from, and Where They Are Headed"
with  Rodrigo Guerrero
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2016, Vol. 24, No. 4

"Immigration Patterns in the District Differ in Some Ways from the Nation's"
with  Rodrigo Guerrero
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2016, Vol. 24, No. 2

"States' Efforts To Curtail Unauthorized Immigration Draw More Attention"
with  Jonathan Munemo and  Santiago Pinto
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2015, Vol. 23, No. 3

"Contract Enforcement, Corruption Controls and Other Institutions Affect Trade, Too"
with  Yang Liu and  Suryadipta Roy
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2015, Vol. 23, No. 2

"Terrorism: A Threat to Foreign Direct Investment"
with  Javed Younas
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2014, Vol. 22, No. 4

"District Overview: Population and Migration Trends in the District Differ from Nation's"
with  E. Katarina Vermann
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2013, Vol. 21, No. 2

"District Overview: Population and Migration Trends in the District Differ from Nation's"
with  E. Katarina Vermann
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2013, Vol. 21, No. 2

"District Overview: Mortgage Delinquency Rates in District Are Not As Bad As National Average"
with  Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2011, Vol. 19, No. 1

"District Overview: Tax Revenue Collections Slow Down Even More in the Eighth District States"
with  Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2010, Vol. 18, No. 4

"District Overview: Decline in House Prices Slows Down; District Still Faring Better than Nation"
with  Craig P. Aubuchon
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2010, Vol. 18, No. 2

"District Overview: Eighth District Fares Better than Nation in Job Losses"
with  Craig P. Aubuchon,  Rubén Hernández-Murillo, and  Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2010, Vol. 18, No. 1

"Increasing Political Freedom May Be Key To Reducing Threats"
with  Craig P. Aubuchon and  Javed Younas
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2009, Vol. 17, No. 4

"District Overview: Prime-Mortgage Problems Escalate"
with  Craig P. Aubuchon,  Rubén Hernández-Murillo, and  Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2009, Vol. 17, No. 3

"District Overview: Employment Growth Mixed Across Eighth District"
with  Craig P. Aubuchon,  Rubén Hernández-Murillo, and  Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2009, Vol. 17, No. 1

"District Overview: Eighth District Population Growth Follows National Pattern"
with  Craig P. Aubuchon,  Rubén Hernández-Murillo, and  Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2008, Vol. 16, No. 3

"District Overview: Employment Growth Slows in the Eighth District"
with  Rubén Hernández-Murillo,  Elizabeth A. La Jeunesse, and  Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2007, Vol. 15, No. 4