George Varghese

George Varghese currently serves as an Associate Professor in the area of Economics and Finance at the School of Management, Mahindra University. Prior to this assignment, George served as an Assistant Professor in Economics at Dr. B. R. Ambedkar School of Economics University, Bangalore; and as a lecturer on contract at IFMR Graduate School of Business, Krea University, Andhra Pradesh. He did his Ph.D. in the broader area of Applied Economics-Finance at the Institute for Financial Management and Research. He holds a master’s degree in Applied Economics from Pondicherry Central University. He also holds a Post Graduate Diploma in Investment Management and a Post Graduate Diploma in Foreign Trade.

His research so far has mostly been in the area of Empirical Macroeconomics, Applied Economics, and Finance with a special focus on energy markets. His areas of research interest broadly include Development Economics, Open Macroeconomics, Financial Econometrics, Energy Economics, and Energy Finance among others. George has to his credit several publications in internationally reputed journals such as, Applied Economics Letters, Journal of Economic Research, Journal of Public Affairs, Journal of Emerging Market Finance, and Research in Finance.

Prior to joining the School of Management, Mahindra University, George has taught courses such as Financial Time Series Analysis, Indian Financial System, Public Economics I, Public Economics II, Microeconomics I, and Microeconomics II to students both at Post-Graduate as well as Under-Graduate levels.

Video: Know your Professor

• Ph.D. in Applied Economics-Finance
  Institute for Financial Management and Research (IFMR), Madras University, India
  Thesis Title: Empirical Essays on Nonlinear Dynamics in Primary Crude Oil Benchmarks
• Masters in Applied Economics
  Pondicherry Central University
• Post Graduate Diploma in Foreign Trade
• Post Graduate Diploma in Investment Management

• Varghese G, Madhavan V. Nonlinearity in Global Crude Oil Benchmarks: Disentangling the Effect of Time Aggregation. Journal of Emerging Market Finance. September 2021. doi:1177/09726527211043013(ABDC Category ‘B’)
• Varghese, G., & Madhavan, V. (2020). Long memory dynamics and relative efficiency of crude oil benchmarks: An adaptive market hypothesis perspective. Journal of Public Affairs. e2513. https://doi.org/10.1002/pa.2513(ABDC Category ‘B’)
• Varghese, G., & Sasidharan, A. (2020, November). Impact of Ownership Structure and Board Characteristics on Firm Value: Evidence From China and India. In Financial Issues in Emerging Economies: Special Issue Including Selected Papers from II International Conference on Economics and Finance, 2019, Bengaluru, India. Emerald Publishing Limited. https://doi.org/10.1108/S0196-382120200000036012 (ABDC Category ‘C’)
• Varghese, G., & Raju, T.B., (2020). Volatility Contagion and Market Integration across major Coal Markets: A Diagonal BEKK GARCH approach.Journal of Economic Research, 25(1), 77-100. (ABDC Category ‘B’)
• Varghese, G., & Madhavan, V. (2019). Nonlinear dynamics in crude oil benchmarks: an AMH perspective. Applied Economics Letters, 26(21), 1798-1801. DOI: 1080/13504851.2019.1602700(ABDC Category ‘B’)
• Varghese, G., & Viswanathan, L. (2018). Financial Inclusion: Opportunities, Issues, and Challenges, Theoretical Economics Letters, 8(11), 1935. DOI: 4236/tel.2018.811126(ABDC Category ‘B’)
• Varghese, G. (2018). Within and Cross Volatility Contagion Effects among Stock, Crude and Forex Returns: Empirical Evidence from Five Emerging Economies. Theoretical Economics Letters, 8(08), 1475. DOI: 4236/tel.2018.88095 (ABDC Category ‘B’)
• Varghese, G., & Viswanathan, L. (2018). Normative perspectives on financial inclusion: Facts beyond statistics. Journal of Public Affairs, e1829.https://doi.org/10.1002/pa.1829 (ABDC Category ‘B’)
• Viswanathan, L., & Varghese, G. (2018). Greening of business: A step towards sustainability. Journal of Public Affairs, 18(2), e1705. https://doi.org/10.1002/pa.1705 (ABDC Category ‘B’)
• Varghese, G. (2017). Inflationary effects of oil price shocks in Indian economy. Journal of Public Affairs, 17(3), e1614.https://doi.org/10.1002/pa.1614 (ABDC Category ‘B’)
• Varghese, G., & Eapen, L. M. (2016). Power Sector in India-Recent Challenges and Measures Undertaken. Asian Journal of Research in Business Economics and Management, 6(1), 33-46.

• Assistant professor: School of Management, Mahindra University
  Period August 2022 – Present
• Academic Associate: School of Management, Mahindra University
  Period July 2021 – July 2022
• Assistant Professor: Bengaluru Dr. B. R. Ambedkar School of Economics (BASE University)
  Period July 2020 – July 2021
• Faculty on contract: IFMR Graduate School of Business (KREA University)
  Period January 2020 – April 2020

• Principal Investigator of the project titled “Time Varying Impact of Dynamic Volatilities in International Crude Oil Prices on Domestic Asset Classes: Evidence from Major Oil Exporting and Importing Economies”, funded by the Research & Development division, Mahindra University [Co-PI: Prof. Muneer Shaik].
• Co-Principal Investigator of the project titled “An Investigation on the Impact of Pandemics on Global Financial Markets”, funded by the Research & Development division, Mahindra University [PI: Prof. Muneer Shaik].
• Provided research assistance for an international project, ‘Effectiveness of Market-Led Development Approaches: A Systematic Review’,funded by South Asia Research Hub, Research and Evidence Division, Department for International Development (DFID), Government of UK.
• Provided research assistance to Dr. Leena Mary Eapen, assistant professor at the Indian Institute of Management, Kozhikode as a part of summer internship on the topic “Indian Power Sector Reforms”