PERSONAL in the last few decades mainly due to

PERSONAL STATEMENT::

?

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Reason I want to do
research

work in Statistics

During my studies in Economics,, I realized that statistics is the basic foundation of economic
theories.. To study any relationship between any number of variables,, statistics and probability
knowledge is a primary requirement..
It
is a core research compone
nt in almost every field..
The
rigorous coursework in linear algebra and calculus,, applied statistics,, econometrics and probability
during my post

graduate and graduate degree

instilled my interest in the subject and encouraged me
to pursue research in stat
istics.. I learned to critically think and evaluate an issue from multiple
perspectives..

Now
working as
a
research Intern at Reserve Bank of India (RRBI)),,
provided me with an unparalleled
opportunity to gain hands on research experience,,
my team deals with huge amount of time

series
macro

economic data (ee..gg.. Consumer price indices)),, we
construct the statistics
, perform tests,,
construct confidence intervals,, apply econometric principles and provide short

term and long

term
forecast.. This is

the
basic requirement in

designing and formulating
favorable
policies..

There has been a massive increase in the data acquired in every field in the last few decades mainly
due to tremendous growth in computer science.. This data has to be transformed into

information that
contributes to optimal decision making..
For i
nstance,,
it

is the understanding of data which has
highlighted the major issues we are facing today such as climate change,, rising inequality etc.. Thus,,
it becomes important to study such data
and bring out meaningful solutions to curb the menace..

T
he wider implications of statistics and probability in every field
and my interest in
projects that are
interdisciplinary in nature

have motivated me to apply for a Doctoral program in statistics..

?

My Research Interest

I was introduced with time series analysis in
e
conometric
s and statistical

courses in my bachelors as
well as
in my masters??

degree.. My interest was
intrigued

by the concept that the internal structure in
data could be obtained from
a

well structured model
.

My

masters
?

thesis which titled ”
Financial reforms and Economic growth:: Evidence from a panel
data of 89 countries
” under the guidance of Professor Dr.. James Ang (
abstract included in the
curriculum vitae
)

involved working with
ti
me series data
on financial reforms

which is captured

from a study conducted by Abiad et al.. (22008)) “AA New Database of Financial Reforms
.

1

The
objective is

to study the relationship between financial reforms and economic growth using cross
country
linear
multivariate logistic regression..
T
he

cross

country

panel data

is estimated

using both
fixed effect and random effect estimators
.

The results are obtained assuming linear relationship,, but
we know that financial phenomenon is complex and non

linear
in nature..

Therefore,,
I
am interested in

studying

nonlinear
approaches for
time series

data analysis

and its
implications in
economic

forecasting and identifying risk
s

in financial markets..

?

My career plans

I
aspire to acquire both

conceptual and
operational understanding

of
statistical
principles,,
probability,, computing and mathematics..

I would like to serve the academic and research
community,, work with other disciplines where statistical knowledge is relied upon..

1

Abiad A..,, Detragiache E.. and Tressel T..,, 2008,, “AA New Database of Financial Reforms
“,, IMF Working Paper
WP//008//2266..