Hardik A. Marfatia holds PhD in Economics from the University of Wisconsin Milwaukee. He is Assistant Professor of Economics, Department of Economics, Northeastern Illinois University, Chicago, United States. He has published a number of articles focusing on macroeconomics and monetary policy, financial economics and econometrics in journals such as Quarterly Review of Economics and Finance, Applied Financial Economics, Journal of International Financial Markets, Institution & Money, North American Journal of Economics and Finance.