Maitreesh Ghatak

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Maitreesh Ghatak
Born (1968-02-07) 7 February 1968 (age 49)
Nationality Indian
Institution London School of Economics
Field Development economics, Microeconomics, Contracts and Organizations, Public Economics
School or
Development Economist
Alma mater Harvard University
Eric Maskin
Contributions Microfinance, Property Rights, Public Organizations
Information at IDEAS / RePEc

Maitreesh Ghatak (born 7 February 1968) is a Professor of Economics at the London School of Economics.[1][2][3] He is an applied microeconomic theorist with research interests in economic development, public economics, and the economics of organisations.

His research interests include microfinance, property rights, occupational choice, collective action, and the economics of NGOs and non-profits.[4] He did his schooling in Patha Bhavan, Kolkata and went on to do his undergraduate studies at Presidency College, Kolkata. He has a M.A. in Economics from the Delhi School of Economics and a PhD in Economics from the Harvard University under the supervision of Eric Maskin and Abhijit Banerjee. He taught at the department of economics of University of Chicago[5] before moving to the London School of Economics[1] where he has taught since 2002. He has held visiting positions at the Institute for Advanced Study in Princeton, Yale University, Northwestern University, and the Indian Statistical Institute, Kolkata. He is currently a co-editor of Economica, a former managing editor of the Review of Economic Studies,[6] a former editor in chief of the Journal of Development Economics,[7] and a former co-editor of the Economics of Transition. He directs the research group Economic Organization and Public Policy (EOPP)[2][8] at the LSE. He is the Lead Economist of the DFID-funded[9] International Growth Centre's India (Bihar) programme.[10] He is a board member[11] of the Bureau for Research in the Economic Analysis of Development,[12] also known as the BREAD. He writes occasional essays in various newspapers and magazines on economic and political issues, in English as well as in Bengali.[13] [14] [15] [16] [17]

Select bibliography[edit]

  • Group Lending, Local Information and Peer Selection. Journal of Development Economics, Vol.60, No.1, October 1999.[18]
  • The Economics of Lending with Joint Liability: Theory and Practice, (with Timothy W. Guinnane). Journal of Development Economics, Vol.60, No.1, October 1999[19](See also erratum in Volume 69, Issue 1, October 2002). (Reprinted in Readings in the Theory of Economic Development (ed.s) D. Mookherjee and D. Ray, London: Blackwell (2000).)
  • Occupational Choice and Dynamic Incentives (with Massimo Morelli and Tomas Sjostrom). Review of Economic Studies, Vol. 68, No. 4, October 2001, pp. 781Elena Panaritis810.[20]
  • Government versus Private Ownership of Public Goods, (with Tim Besley). Quarterly Journal of Economics, Vol. 116, No. 4, p. 1343–1372, November 2001.[21]
  • Empowerment and Efficiency: Tenancy Reform in West Bengal, (with Abhijit V. Banerjee and Paul J. Gertler). Journal of Political Economy, Vol. 110, No. 2, April 2002, p. 239Elena Panaritis280.[22]
  • Competition and Incentives with Motivated Agents (with Tim Besley). American Economic Review, Vol. 95, No. 3, pp. 616–636, June 2005.[23]
  • Retailing Public Goods: The Economics of Corporate Social Responsibility (with Tim Besley). Journal of Public Economics, Vol. 91, No. 9, pp. 1645–1663, September 2007.[24]
  • Property Rights and Economic Development (with T. Besley) in D. Rodrik and M. Rosenzweig (ed.s) Handbook of Development Economics, North Holland, 2009.
  • Thanks for Nothing? Not-for-Profits and Motivated Agents (with H Mueller), Journal of Public Economics, 2010.[25]


  1. ^ a b "Maitreesh Ghatak, Economics Department, LSE". Retrieved 8 March 2011. 
  2. ^ a b "Staff Biography, STICERD, LSE". Retrieved 8 March 2011. 
  3. ^ "Maitressh Ghatak, LSE Research and Expertise". Retrieved 8 March 2011. 
  4. ^ "Maitreesh Ghatak's Publications on LSE Research Online". Retrieved 8 March 2011. 
  5. ^ "The University of Chicago Record" (PDF). p. 6. Retrieved 8 March 2011. 
  6. ^ "Current Editorial Board of Review of Economic Studies". Retrieved 8 March 2011. 
  7. ^ "Journal of Development Economics Home Page". Retrieved 8 March 2011. 
  8. ^ "Economic Organisation and Public Policy Programme (EOPP)". Retrieved 8 March 2011. 
  9. ^ "About US, International Growth Centre". Retrieved 8 March 2011. 
  10. ^ "International Growth Center, Bihar". Retrieved 8 March 2011. 
  11. ^ "BREAD Board of Directors". Retrieved 8 March 2011. 
  12. ^ "Bureau for Research and Economic Analysis of Development". Retrieved 8 March 2011. 
  13. ^ Ghatak, Maitreesh (24 August 2009). "Smart is Smart". Financial Express. Retrieved 8 March 2011. 
  14. ^ Ghatak, Maitreesh (9 January 2010). "What Crisis Has Taught Economics". Financial Express. Retrieved 8 March 2011. 
  15. ^ Ghatak, Maitreesh (23 March 2009). "Poor Man's Capitalism". Financial Express. Retrieved 8 March 2011. 
  16. ^ Ghatak, Maitreesh (12 January 2009). "Barefoot businessmen". Financial Express. Retrieved 8 March 2011. 
  17. ^ Maitreesh Ghatak; Sanjay Banerji (30 September 2009). "No way out of this plot". Financial Express. Retrieved 8 March 2011. 
  18. ^ Ghatak, M (1999). "Group lending, local information and peer selection". Journal of Development Economics. 60 (1): 27–50. doi:10.1016/S0304-3878(99)00035-8. 
  19. ^ Ghatak, M (1999). "The economics of lending with joint liability: theory and practice". Journal of Development Economics. 60 (1): 195–228. doi:10.1016/S0304-3878(99)00041-3. 
  20. ^ Ghatak, Maitreesh; Morelli, Massimo; Sjostrom, Tomas (2001). "Occupational Choice and Dynamic Incentives". Review of Economic Studies. 68 (4): 781–810. doi:10.1111/1467-937X.00190. 
  21. ^ Besley, Timothy; Ghatak, Maitreesh (2001). "Government versus Private Ownership of Public Goods*". Quarterly Journal of Economics. 116 (4): 1343–1372. doi:10.1162/003355301753265598. 
  22. ^ Banerjee, Abhijit V.; Gertler, Paul J.; Ghatak, Maitreesh (2002). "Empowerment and Efficiency: Tenancy Reform in West Bengal". Journal of Political Economy. 110 (2): 239–280. doi:10.1086/338744. 
  23. ^ Besley, Timothy; Ghatak, Maitreesh (2005). "Competition and Incentives with Motivated Agents". American Economic Review. 95 (3): 616–636. doi:10.1257/0002828054201413. 
  24. ^ Besley, T; Ghatak, M (2007). "Retailing public goods: the economics of corporate social responsibility☆". Journal of Public Economics. 91 (9): 1645–1663. doi:10.1016/j.jpubeco.2007.07.006. 
  25. ^ Ghatak, Maitreesh; Mueller, Hannes (2011). "Thanks for nothing? Not-for-profits and motivated agents". Journal of Public Economics. 95 (1-2): 94–105. doi:10.1016/j.jpubeco.2010.09.003. 

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