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Subhayu Bandyopadhyay

Economic Policy Advisor


Ph.D. Economics
University of Maryland

M.A. Economics
Jawaharlal Nehru University

B.S. Economics
Presidency College

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
Phone: (314) 444-3911

Subhayu Bandyopadhyay

Economic Policy Advisor

Selected Publications

"Politically influenced counterterrorism policy and welfare efficiency"
with  Todd Sandler
European Journal of Political Economy, January 2023, Vol. 76, 102250, pp. 1-15
Working Paper

"Effects of Defensive and Proactive Measures on Competition Between Terrorist Groups"
with  Todd Sandler
Journal of Conflict Resolution, 11/01/2022, Vol. 66, No. 10, pp. 1797-1825
Working Paper 10.1177/00220027221108432

"Counterterrorism Policy: Spillovers, Regime Solidity, and Corner Solutions"
with  Todd Sandler
Journal of Economic Behavior & Organization, 08/01/2021, Vol. 188, No. 1, pp. 811-827
Working Paper

"Truncated Firm Productivity Distributions and Trade Margins"
with Cletus C. Coughlin
Economics Letters, November 2020, Vol. 196, 109596, pp. 1-4
Working Paper

"Terms-of-Trade and Counterterrorism Externalities"
with  Todd Sandler and  Javed Younas
Oxford Economic Papers, April 2020
Working Paper

"Trade and Terrorism: A Disaggregated Approach"
with  Todd Sandler and  Javed Younas
Journal of Peace Research, September 2018, Vol. 55, No. 5, pp. 656-670
Working Paper

"Unauthorized Immigration and Fiscal Competition"
with  Santiago Pinto
European Economic Review, February 2017, Vol. 92, pp. 283-305
Working Paper

"International Oligopoly, Barriers To Outsourcing And Domestic Employment"
with  Sugata Marjit and  Lei Yang
Canadian Journal of Economics-Revue Canadienne d'Economique, November 2014, Vol. 47, No. 4, pp. 1372-1386
Working Paper

"Immigration Policy and Counterterrorism"
with  Todd Sandler
Journal of Public Economics, February 2014, Vol. 110, pp. 112-123
Working Paper