Prashant Parab

Prashant Parab Email and Phone Number

PhD (IGIDR), Global Investment Insights, Sustainability and Impact Research Analyst (State Street Corp.) @ State Street
boston, massachusetts, united states
Prashant Parab's Location
Mumbai, Maharashtra, India, India
About Prashant Parab

Prashant is working as a Research Analyst at State Street, Bengaluru. His job includes conducting extensive research in global macroeconomic and sustainability issues and publishing detailed analytical reports for multiple clients. He previously worked at DE Shaw as a Lead Economic Analyst at D E Shaw. Prior to that, he worked in model validation at Credit Suisse.He is a PhD Graduate in Macroeconomics and Central Banking from IGIDR, Mumbai, under the supervision of Prof. Ashima Goyal, former Monetary Policy Committee member, Reserve Bank of India, former member - PM Economic Advisory Council. He has worked on the empirical analysis of the expectations channel of monetary policy transmission in India, using survey-based datasets. He is acquainted with a broad range of economic issues, especially in emerging markets. He has conducted research on the recent advances in empirical macroeconomics, monetary policy, and central banking with a stronghold over statistical toolboxes and softwares. His areas of interest include empirical macroeconomics, dynamic macroeconomic modeling and machine learning.

Prashant Parab's Current Company Details
State Street

State Street

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PhD (IGIDR), Global Investment Insights, Sustainability and Impact Research Analyst (State Street Corp.)
boston, massachusetts, united states
Website:
statestreet.com
Employees:
36424
Prashant Parab Work Experience Details
  • State Street
    Manager
    State Street May 2023 - Present
    Bengaluru, Karnataka, India
  • The D. E. Shaw Group
    Lead Analyst
    The D. E. Shaw Group Sep 2022 - Apr 2023
    Hyderabad, Telangana, India
  • Credit Suisse
    Assistant Vice President
    Credit Suisse Nov 2021 - Sep 2022
    Mumbai, Maharashtra, India
  • Indira Gandhi Institute Of Development Research
    Researcher Phd Student
    Indira Gandhi Institute Of Development Research Jul 2016 - Nov 2021
    Mumbai Area, India
    Thesis title: Evolution of Expectations Channel of Monetary Policy Transmission: An Indian Experience (Supervisor: Prof. Ashima Goyal). Description: I empirically examine the evidence of expectations channel of monetary policy transmission in India using survey-based datasets measuring inflation expectations of households and professional forecasters, and suggest policy implications to strengthen the transmission process especially during the flexible inflation targeting (FIT) regime in India – using time-series econometric tools (SVAR, Historical Decomporition, Scenario Analysis, Sign-restricted VAR, GMM-IV), limited dependent variable analysis (Ordered Logit Model), machine learning algorithms (text-analytics), and epidemiological models.Over the course of PhD, I got out five publications (4 journal articles and 1 book chapter), which constitute a part of my PhD. Two more are still in the process of publication. The PDFs of all the published pieces are attached herewith.
  • Indira Gandhi Institute Of Development Research
    Graduate Research Assistant
    Indira Gandhi Institute Of Development Research Jan 2021 - May 2021
    Mumbai, Maharashtra, India
    I was a research assistant to Dr. Rajeswari Sengupta, IGIDR, Mumbai. As a part of this program, I undertook machine learning on R Studio for quantitative data as well as text analysis for various documents of RBI. I also conducted cross country analysis on international finance using advanced statistical toolboxes in RStudio.
  • Indira Gandhi Institute Of Development Research
    Graduate Research And Teaching Assistant
    Indira Gandhi Institute Of Development Research Jun 2019 - Dec 2020
    Mumbai, Maharashtra, India
    I was a research and teaching assistant to Prof. Ashima Goyal, IGIDR, Mumbai. As a part of the Research Assistantship program, I implemented advanced data cleansing methods to generate new datasets from disaggregate data for the purpose of prospective research. I also conducted lectures for Post Graduate students teaching Time Series Analysis in RStudio. I have a co-authored publication in the Economic and Political Weekly during this time.
  • Indira Gandhi Institute Of Development Research
    Graduate Research And Teaching Assistant
    Indira Gandhi Institute Of Development Research May 2017 - May 2019
    Mumbai Area, India
    I have worked as a research assistant for two years under Dr. Taniya Ghosh and have three publications in Economic Modelling, Applied Economic Letters and Journal of Behavioral Finance. As a part of my Reasearch Assistantship program, I have cleansed and assimilated unstructured data from IMF IFS, RBI, World Bank and ILO into a consolidated data to be used for prospective research. I have also conducted lectures for Post Graduate students teaching empirical macroeconomic analysis using Stata and E-views.

Prashant Parab Skills

Microsoft Excel Macroeconomics Monetary Policy Econometrics Eviews Microsoft Office Microsoft Word Research Data Analysis Leadership Teamwork Financial Analysis Business Analysis Stata Statistical Data Analysis Microsoft Powerpoint R

Prashant Parab Education Details

Frequently Asked Questions about Prashant Parab

What company does Prashant Parab work for?

Prashant Parab works for State Street

What is Prashant Parab's role at the current company?

Prashant Parab's current role is PhD (IGIDR), Global Investment Insights, Sustainability and Impact Research Analyst (State Street Corp.).

What schools did Prashant Parab attend?

Prashant Parab attended Indira Gandhi Institute Of Development Research, Sri Sathya Sai Institute Of Higher Learning, Sri Sathya Sai Institute Of Higher Learning.

What skills is Prashant Parab known for?

Prashant Parab has skills like Microsoft Excel, Macroeconomics, Monetary Policy, Econometrics, Eviews, Microsoft Office, Microsoft Word, Research, Data Analysis, Leadership, Teamwork, Financial Analysis.

Who are Prashant Parab's colleagues?

Prashant Parab's colleagues are Anita Kuśmierz, Thomas Foley, Kamil Pasternak, Dnyaneshwar Papal, Naga Sai Subba Rao Nagulakonda, Łukasz Skarbek, Kevin Donnelly.

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