Mitali Das

Last Updated: February 02, 2021

Mitali Das is Assistant to the Chief Economist and IMF Mission Chief of Nauru. She also currently serves as the Head of the IMF Inter-Departmental Tail Risks Group and as coordinator of the IMF Managing Director's External Advisory Group.

Ms. Das is an author of the IMF's External Balance Assessment (EBA) methodology and was the Co-Chair of the IMF's flagship External Sector Report (2016), and also led the development of the external assessment framework for low-income and developing economies (EBA-Lite). Prior to that, Ms. Das she worked on G-20 issues including the Mutual Assessment Program (MAP) and led the Fund's analytical work on the labor share of income. She was invited by the G-20 Argentine Presidency to speak on "Future of Work" in 2017.

Prior to joining the IMF, Ms. Das was an Associate Professor at Columbia University (1998-2006), Harvard University (2001-2002), Dartmouth College (2006) and the University of California at Davis (2007-09). Her research interests are Inequality, Technology, Capital Controls, External Balance and Econometrics. Ms. Das received her Ph.D. from the Massachusetts Institute of Technology.

Email: MDAS@imf.org

Education:

Ph.D in Economics, Massachusetts Institute of Technology (M.I.T), Cambridge Massachusetts

A.B. in Economics and International Relations, Mount Holyoke College, South Hadley MA, summa cum laude


Other Professional Positions:

Assistant Professor of Economics, Columbia University, New York NY, 1998 - 2001

Assistant Professor, Harvard University, Institute of Quantitative Social Sciences, Cambridge MA, 2001 - 2002

Associate Professor of Economics, Columbia University, New York NY, 2003 - 06

Visiting Associate Professor of Economics, Dartmouth College, Hanover NH, 2005 - 06

Associate Professor of Economics, University of California Davis CA, tenured, 2006 - 09


Country work or Mission Assignment:

People's Republic of China, 2012 (Staff Visit), 2012 (Article IV Consultation)

Japan (2013), Article IV Consultation


Work in progress:

Risk-Off Shocks and Pre-Emptive Policies, with Gita Gopinath and Sebnem Kalemli-Ozcan

Competing Models of Valuation Effects in the Assessment of External Sustainability, with M. Vargas (preliminary)

The Incidence of Capital Flow Management Measures: Evidence from the IMF Taxonomy, with Mahir Binici and Evgenia Pugacheva

IMF Books and Working Papers:

The Exposure to Routinization: Labor Market Implications for Developed and Developing Economies , Working Paper No. 18/135 , June 13, 2018

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence , Working Paper No. 17/169 , July 24, 2017

The External Balance Assessment (EBA) Methodology , Working Paper No. 13/272 , December 31, 2013

Chronicle of a Decline Foretold : Has China Reached the Lewis Turning Point? , Working Paper No. 13/26 , January 29, 2013

F&D articles

“The End of Cheap Labor” (with P. N’Diaye), Finance and Development, June 2013, Vol. 50, 2

Selected Issue

"External Sector Assessment of Iceland", Selected Issues for the Article IV Staff, with S. Bouza, 2015

Other Published Materials

2015 External Sector Report, IMF Policy Paper, August 2015

The External Position in Malaysia: Past and Future Evolution, in "Malaysia and Its Economic Achievements", edited by A. Mourmouras and N. Sheridan, forthcoming

2014 Pilot External Sector Report, IMF Multilateral Policy Issues Report

“Unemployment Dynamics During Recessions and Recoveries”, with Ravi Balakrishnan and Prakash Kannan, World Economic Outlook (Analytical Chapter), April 2010

“India Sustainability Report”, Prepared for the G-20 Mutual Assessment Program (MAP), 2011

“Japan Sustainability Report”, Prepared for the G-20 Mutual Assessment Program (MAP), 2011

“Global Economic Prospects and Policy Challenges”, G-20 Surveillance Note for Washington D.C. April 2010 Meeting of Finance Ministers and Central Bank Governors, prepared with Alasdair Scott

“Global Economic Prospects and Policy Challenges”, G-20 Surveillance Note for Gyeongju, Korea October 2010 Meeting of Finance Ministers and Central Bank Governors, October 2010, prepared with Troy Matheson

Publications in Journals (Refereed)

“The Initial Impact of the Crisis on Emerging Market Countries”, with Olivier Blanchard and Hamid Faruqee, Brookings Papers on Economic Activity, Spring 2010, 263-323

“Income Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets”, with S. Mohapatra, Journal of Empirical Finance, Volume 10, 217-248

"Semiparametric Analysis with Grouped Dependent Variables and Application to Physicians' Provision of Charity Care", Journal of Business and Economics Statistics, 26, 446-459

"Estimation of Sample Selection Models”, with Whitney Newey and Francis Vella, Review of Economic Studies, 2003, Volume 70, 33-58

“Functional Coefficient Instrumental Variables Models," with Z. Cai, H. Xiong and X.Wu, Journal of Econometrics, 2006, 133, 207-241

“Instrumental Variables Estimators for Nonparametric Models with Discrete Endogenous Regressors”, Journal of Econometrics, 2004, Volume 124, 335-361

“Simple Estimators for Nonparametric Panel Data Models with Sample Attrition”, Journal of Econometrics, 2003, Volume 120, 1, 159-180

“Estimation of a Panel Data Model with Insufficient Exclusion Restrictions”, Journal of Econometrics, 2001, Volume 114, 2, 297-328

“The Inter-generational link in Income Inequality: evidence from Adoptions”, with T. Sjogren, Economics Letters, 2001, Volume 75, 55-60

“Prescriber Intent, Off-label Usage and the Early Discontinuation of Antidepressants”, with J. Pomerantz, E. Berndt, S. Finkelstein et. al, Journal of Clinical Psychiatry, 2003, Volume 65(3), 395-404

Publications in Books and Conference Volumes

Income Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets, with S. Mohapatra, in "Emerging Markets", Richard Roll (editor), International Library of Critical Writings, 2002

Has China Reached the Lewis Turning Point? in "China’s Economy in Transition: From External to Domestic Rebalancing", edited by A. Singh, P. N’Diaye and M. Nabar, 2013

My Policies or Yours- Have OECD Agricultural Policies Affected Incomes in Developing Countries: Comment, (2007) in "Globalization and Poverty", edited by Ann Harrison, University of Chicago Press

Japan: Imbalances in Major Surplus Economies in "Rebalancing the Global Economy" edited by H. Faruqee and K. Srinivasan, May 2013, International Monetary Fund.

India: Imbalances in Major Deficit Economies in "Rebalancing the Global Economy" edited by H. Faruqee and K. Srinivasan, May 2013, International Monetary Fund

Other Published Materials

A New Framework for the Assessment of External Sustainability, with Olivier Blanchard https://www.nber.org/system/files/working_papers/w24068/w24068.pdf

Mitali Das is Assistant to the Chief Economist and IMF Mission Chief of Nauru. She also currently serves as the Head of the IMF Inter-Departmental Tail Risks Group and as coordinator of the IMF Managing Director's External Advisory Group.

Ms. Das is an author of the IMF's External Balance Assessment (EBA) methodology and was the Co-Chair of the IMF's flagship External Sector Report (2016), and also led the development of the external assessment framework for low-income and developing economies (EBA-Lite). Prior to that, Ms. Das she worked on G-20 issues including the Mutual Assessment Program (MAP) and led the Fund's analytical work on the labor share of income. She was invited by the G-20 Argentine Presidency to speak on "Future of Work" in 2017.

Prior to joining the IMF, Ms. Das was an Associate Professor at Columbia University (1998-2006), Harvard University (2001-2002), Dartmouth College (2006) and the University of California at Davis (2007-09). Her research interests are Inequality, Technology, Capital Controls, External Balance and Econometrics. Ms. Das received her Ph.D. from the Massachusetts Institute of Technology.

Email: MDAS@imf.org

Education:

Ph.D in Economics, Massachusetts Institute of Technology (M.I.T), Cambridge Massachusetts

A.B. in Economics and International Relations, Mount Holyoke College, South Hadley MA, summa cum laude


Other Professional Positions:

Assistant Professor of Economics, Columbia University, New York NY, 1998 - 2001

Assistant Professor, Harvard University, Institute of Quantitative Social Sciences, Cambridge MA, 2001 - 2002

Associate Professor of Economics, Columbia University, New York NY, 2003 - 06

Visiting Associate Professor of Economics, Dartmouth College, Hanover NH, 2005 - 06

Associate Professor of Economics, University of California Davis CA, tenured, 2006 - 09


Country work or Mission Assignment:

People's Republic of China, 2012 (Staff Visit), 2012 (Article IV Consultation)

Japan (2013), Article IV Consultation


Work in progress:

Risk-Off Shocks and Pre-Emptive Policies, with Gita Gopinath and Sebnem Kalemli-Ozcan

Competing Models of Valuation Effects in the Assessment of External Sustainability, with M. Vargas (preliminary)

The Incidence of Capital Flow Management Measures: Evidence from the IMF Taxonomy, with Mahir Binici and Evgenia Pugacheva

IMF Books and Working Papers:

The Exposure to Routinization: Labor Market Implications for Developed and Developing Economies , Working Paper No. 18/135 , June 13, 2018

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence , Working Paper No. 17/169 , July 24, 2017

The External Balance Assessment (EBA) Methodology , Working Paper No. 13/272 , December 31, 2013

Chronicle of a Decline Foretold : Has China Reached the Lewis Turning Point? , Working Paper No. 13/26 , January 29, 2013

F&D articles

“The End of Cheap Labor” (with P. N’Diaye), Finance and Development, June 2013, Vol. 50, 2

Selected Issue

"External Sector Assessment of Iceland", Selected Issues for the Article IV Staff, with S. Bouza, 2015

Other Published Materials

2015 External Sector Report, IMF Policy Paper, August 2015

The External Position in Malaysia: Past and Future Evolution, in "Malaysia and Its Economic Achievements", edited by A. Mourmouras and N. Sheridan, forthcoming

2014 Pilot External Sector Report, IMF Multilateral Policy Issues Report

“Unemployment Dynamics During Recessions and Recoveries”, with Ravi Balakrishnan and Prakash Kannan, World Economic Outlook (Analytical Chapter), April 2010

“India Sustainability Report”, Prepared for the G-20 Mutual Assessment Program (MAP), 2011

“Japan Sustainability Report”, Prepared for the G-20 Mutual Assessment Program (MAP), 2011

“Global Economic Prospects and Policy Challenges”, G-20 Surveillance Note for Washington D.C. April 2010 Meeting of Finance Ministers and Central Bank Governors, prepared with Alasdair Scott

“Global Economic Prospects and Policy Challenges”, G-20 Surveillance Note for Gyeongju, Korea October 2010 Meeting of Finance Ministers and Central Bank Governors, October 2010, prepared with Troy Matheson

Publications in Journals (Refereed)

“The Initial Impact of the Crisis on Emerging Market Countries”, with Olivier Blanchard and Hamid Faruqee, Brookings Papers on Economic Activity, Spring 2010, 263-323

“Income Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets”, with S. Mohapatra, Journal of Empirical Finance, Volume 10, 217-248

"Semiparametric Analysis with Grouped Dependent Variables and Application to Physicians' Provision of Charity Care", Journal of Business and Economics Statistics, 26, 446-459

"Estimation of Sample Selection Models”, with Whitney Newey and Francis Vella, Review of Economic Studies, 2003, Volume 70, 33-58

“Functional Coefficient Instrumental Variables Models," with Z. Cai, H. Xiong and X.Wu, Journal of Econometrics, 2006, 133, 207-241

“Instrumental Variables Estimators for Nonparametric Models with Discrete Endogenous Regressors”, Journal of Econometrics, 2004, Volume 124, 335-361

“Simple Estimators for Nonparametric Panel Data Models with Sample Attrition”, Journal of Econometrics, 2003, Volume 120, 1, 159-180

“Estimation of a Panel Data Model with Insufficient Exclusion Restrictions”, Journal of Econometrics, 2001, Volume 114, 2, 297-328

“The Inter-generational link in Income Inequality: evidence from Adoptions”, with T. Sjogren, Economics Letters, 2001, Volume 75, 55-60

“Prescriber Intent, Off-label Usage and the Early Discontinuation of Antidepressants”, with J. Pomerantz, E. Berndt, S. Finkelstein et. al, Journal of Clinical Psychiatry, 2003, Volume 65(3), 395-404

Publications in Books and Conference Volumes

Income Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets, with S. Mohapatra, in "Emerging Markets", Richard Roll (editor), International Library of Critical Writings, 2002

Has China Reached the Lewis Turning Point? in "China’s Economy in Transition: From External to Domestic Rebalancing", edited by A. Singh, P. N’Diaye and M. Nabar, 2013

My Policies or Yours- Have OECD Agricultural Policies Affected Incomes in Developing Countries: Comment, (2007) in "Globalization and Poverty", edited by Ann Harrison, University of Chicago Press

Japan: Imbalances in Major Surplus Economies in "Rebalancing the Global Economy" edited by H. Faruqee and K. Srinivasan, May 2013, International Monetary Fund.

India: Imbalances in Major Deficit Economies in "Rebalancing the Global Economy" edited by H. Faruqee and K. Srinivasan, May 2013, International Monetary Fund

Other Published Materials

A New Framework for the Assessment of External Sustainability, with Olivier Blanchard https://www.nber.org/system/files/working_papers/w24068/w24068.pdf