Department of Economics

1.Worked as a Research Associate   at  Foundation for Public Economics and Policy Research, New Delhi, during  8th August 2013 to 4th March 2014.

2. Worked as Research Project officer in DFID  UK funded project at Humanities and Social Science Department, IIT Madras during 26th August 2023 to 30th September 2015.

3.  Postdoctoral Research undertaken in the Department of Humanities and Social Science Department, IIT Madras during 1st October 2016 to 7th  July 2017.

4. Worked as a Assistant Professor in the Department of Economics, Central University of Tamil Nadu, Tiruvarur,  during 7th July 2017 to 20th December 2017. 

Research Paper published in Journals

1. Shanmugam, M. (2023). Does economic policy uncertainty affect banks non interest income in India? Journal of Social and Economic Development, 25, 261–276.https://doi.org/10.1007/s40847-023-00246-z
2.  Shanmugam, M. (2020). Research and development intensity and effective tax rate: Empirical evidence from India. Emerging Economy Studies, 6(2), 223–234.https://doi.org/10.1177/2394901520977460
3.  Shanmugam, M. (2020). Sub-national fiscal rule and fiscal discipline: Empirical evidence from Indian states. Journal of Economic Policy & Research, 15(2), 35–53.
4.  Singal, N., Pedder, D., Malathy, D., Shanmugam, M., Shakthi, M., & Govindarasan, M. (2018). Insights from within activity-based learning (ABL) classrooms in Tamil Nadu, India: Teachers’ perspectives and practices. International Journal of Educational Development, 60, 165–171.https://doi.org/10.1016/j.ijedudev.2017.08.001
5. Shanmugam, M. (2017). Does public investment crowd out in India? Journal of Financial Economic Policy, 9, 50–69.https://doi.org/10.1108/JFEP-02-2016-0016

Paper presented  in Conferences 

1. Shanmugam, M., & Nirmala, V. (2013, December 5–6). Estimating fiscal response function: The case of debt sustainability in India. International Conference on Public Finance, Public Economics and Public Policy, Centre for Training and Research in Public Finance and Policy, Centre for Studies in Social Sciences, Calcutta, India.
2. Shanmugam, M., & Nirmala, V. (2013, January). Does public investment induce private investment in Indian agriculture? Revisiting the crowding-in or crowding-out hypothesis. 49th Annual Conference of the Indian Econometric Society, Patna University, Patna, India.
3. Shanmugam, M. (2012, December 20–22). Farm and non-farm labour supply decision: The importance of socio-economic determinants. Paper accepted for presentation at the 54th Conference of the Indian Society of Labour Economics, Banaras Hindu University, Varanasi, India.
4. Shanmugam, M., & Srinivasan, J. (2012, March). Does government spending crowd out private investment in India? 48th Annual Conference of the Indian Econometric Society, Pondicherry University, Puducherry, India.
5. Shanmugam, M. (2012, February). The linkage between public and private investment: Evidence from India. Papers in Public Economics, National Institute of Public Finance and Policy, New Delhi, India.
6. Shanmugam, M., & Srinivasan, J. (2011, March). Government spending and economic growth: An empirical investigation in India. Papers in Public Economics, National Institute of Public Finance and Policy, New Delhi, India.