Dr Debasis Bandyopadhyay



Debasis joined the Department in August 1993 from the University of Minnesota where he completed his PhD in the field of Macroeconomics. Previously he graduated MA in Economterics from University of Florida (1985) after a B.Sc (Hons.) Economics from Presidency College, University of Calcutta (1984). His PhD Dissertation Title was "Distribution of Human Capital, Income Inequality and the Rate of Growth" adjudicated by Professors Timothy J. Kehoe (Adviser), Edward C. Prescott (Chair), Richard Rogerson, Mahmood Zaidi (External), and Vernon Ruttan (External).  He won the Walter W. Heller 'Outstanding Teaching Award' for teaching undergraduate macroeconomics at the University of Minnesota. In 1997 he received the Marsden Research Grant in Economics from the Royal Society of New Zealand. His main research interest focuses on the relationship between the distribution of human capital and economic growth. His recent research output include models of macroeconomic productivity, migration and social security in dynamic general equilibrium framework and analyses of economic policies in those models, which are calibrated to the New Zealand economy.

Homepage: http://homes.eco.auckland.ac.nz/dban008/

Research | Current

  • Diffusion of Knowledge, Income Redistribution and Economic Growth
  • Gender Biased Institutions, Social Discrimination against Women and Economic Welfare
  • A New Welfare Improving Scheme for Designing Superannuation
  • Effectiveness of Fiscal Policy in Stimulating "Aggregate Demand" and National Income

Teaching | Current

Macroeconomics, Economic Development

Postgraduate supervision

Gender Biased Institution and Economic Growth, A New Social Welfare Improving Scheme for Superannuation, Effectiveness of Fiscal Stimulus Packages during Great Recessions


  • National Talent Search Award and Scholarship, National Council of Education, Research and Training, India, (1977-83).
  • Mathematical Talent Search Award, Association for the Improvement of Mathematics Teaching in India, (1978-79).
  • Editor, Presidency College Staff-Student Magazine, Calcutta University, India (1981-82)
  • Recognised as a Distinguished Instructor of the Department of Economics, University of Minnesota (1987-88, 1990-91).
  • Won the Walter W. Heller Outstanding Teaching Award at the University of the Minnesota, (1990-1991)
  • OSFA International Student Grant supporting the Dissertation Work, (1990-91)
  • Minnesota International Student Association Scholarship, (1991-92)
  • University of Auckland Research Committee(1994-96) $9,500
  • Teaching Improvement Grant (HERO) (1994-95) $1,000
  • University of Auckland Research Committee(1995-97) $6,500
  • Academic Committee of the University of Auckland (1995-96) $1,500
  • Auckland Business School Research Committee Research Scholar Fund (1995-96) $2,500
  • University of Auckland Research Committee (1996-97) $8,000
  • Auckland Business School Research Committee (1996) $4000
  • Royal Society of New Zealand, Marsden Fund (1996-99) $70,000 [see under Social Sciences]
  • Auckland Business School Research Committee (1996-98) $4000
  • Reserve Bank of New Zealand, Treasury and Department of Labour (1998-99) $15,000
  • Auckland Business School Postgraduate Research Committee (2000) $2500
  • Auckland Business School Research Committee (2000-01) $3000
  • University of Auckland Research Committee (2002-2005) $5000
  • Auckland Business School Postgraduate Research Committee (2004) $2500
  • Auckland Business School Summer Research Assistance (2004-2005) $4000

Areas of expertise

Macroeconomics, Economic Growth, Fiscal Policy, Income Distribution and Economic Development through Empowerment of Women

Selected publications and creative works (Research Outputs)

  • Bandyopadhyay, D., King, I., & Tang, X. (2019). Human capital misallocation, redistributive policies, and TFP. Journal of Macroeconomics, 60, 309-324. 10.1016/j.jmacro.2019.02.005
    URL: http://hdl.handle.net/2292/50270
  • Bandyopadhyay, D., & Tang, X. (2018). Social interactions and optimal progressivity of redistribution. Social Science Research Network. Related URL.
  • Bandyopadhyay, D., & Tang, X. (2017). Efficient progressivity when an education system sustains long-run growth. Paper presented at Western Economic Association International 92nd Annual Conference, San Diego, USA. 25 June - 29 June 2017. (pp. 32).
    URL: http://hdl.handle.net/2292/34504
  • Bandyopadhyay, D. (2017). Integrating human capital with human development: The path to a more productive and humane economy, John F. Tomer [Book review]. Journal of Economic Psychology, 61, 263-265. 10.1016/j.joep.2017.06.002
    URL: http://hdl.handle.net/2292/39857
  • Bandyopadhyay, D. (2017). Monetary policy with Phillips curve: Lessons from disinflation in New Zealand. Social Science Research Network.
  • Bandyopadhyay, D. (2017). Gender biased institutions and the wealth of nations. Women & Work10.2139/ssrn.2960781
  • Bandyopadhyay, D. (2016). Linking cross-country disparity in the long run growth rates to the initial disparity in the human capital distribution. Social Science Research Network.
    URL: http://hdl.handle.net/2292/34462
  • Bandyopadhyay, D., & Binning, A. (2016). A migration based theory of the exchange rate and the New Zealand’s experience. Social Science Research Network.


Contact details

Primary office location

Level 6, Room 690
New Zealand

Web links