Dr. Saktinil Roy earned his PhD degree in Business Administration with a concentration in Economics from the University of Memphis, where in 2003 he received the award for the highest level of academic excellence among graduate economics students. Dr. Roy specializes in macroeconomics and monetary economics, international economics/finance, financial markets, and time series analysis. His current research focuses on financial markets, financial stability, and currency and banking crises, with particular reference to the global financial crisis of 2007-2009. His research on financial markets and financial crises has appeared in journals of international repute, and he has presented his work at the top international conferences in his field. His work, moreover, is widely cited, including in a literature review and a handbook in this area. His research interest extends to other areas, such as applications of game theory, behavioural economics/finance, and development economics.
Prior to joining Athabasca University, Dr. Roy had held a full-time faculty instructor position in the Department of Economics of the University of Memphis from 2004 to 2006. He was also Visiting Professor in the Department of Economics of the University of Alberta during his sabbatical leave from Athabasca University in 2015-2016.
In addition to research and teaching in academia, Dr. Roy has valuable management and consulting experience in the private sector. He had held a consulting position at Informa Economics in Memphis in connection with a project funded by the World Bank. From 2006 until joining Athabasca University in 2008, Dr. Roy worked as Manager of Forecast Assurance, at the National Exchange Carrier Association in New Jersey. In this role, he managed and re-shaped the system used for demand trend projections and introduced new techniques for better forecast accuracy.
Dr. Roy is currently serving as the guest editor for a special issue of the Journal of Risk and Financial Management on Financial Markets and Institutions and Financial Crises.
Ph.D. in Business Administration with a concentration in Economics, University of Memphis (2004)
M.A in Economics, Jadavpur University (1994)
Professional affiliations
Canadian Economics Association
American Economic Association
American Finance Association
Association of Indian Economic and Financial Studies
Econometric Society
Roy, S. (2024). Do changes in risk perception predict systemic banking crises? 2024 annual conference of the Allied Social Science Associations.
Roy, S. (2023). Risk perception and the prediction of systemic banking crises. 2023 annual conference of the Canadian Economics Association (virtual).
Roy, S. & Kemme, D. M. (2022). Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis. 2022 annual conference of the Allied Social Sciences Association (virtual).
Roy, S. (2021). Causes of systemic banking crises in advanced economies: Asset bubbles and capital inflow bonanzas. 2021 Econometric Society Latin America Meeting (virtual).
Roy, S. & Kemme, D. M. (2021). Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis. 2021 annual conference of the Canadian Economics Association (virtual).
Roy, S. & Kemme, D. M. (2019). What caused the global financial crisis? A longer historical view. 2019 annual conference of the Canadian Economics Association (Banff, Canada).
Roy, S. (2019). Speculative asset bubbles: The primary drivers of “systemic” banking crises in post-war advanced economies. 2019 annual conference of the Allied Social Sciences Association (Atlanta, US).
Roy, S. (2018). Are speculative bubbles in asset markets the primary drivers of “systemic” banking crises in post-war advanced economies? 2018 Econometric Society Australasia Meeting (Auckland, New Zealand).
Roy, S. (2018). Are speculative bubbles in asset markets the primary drivers of “systemic” banking crises in post-war advanced economies? 2018 annual conference of the Canadian Economics Association (Montreal, Canada).
Roy, S. & Kemme, D. M. (2018). Was the global meltdown in 2007-2009 caused by capital flow bonanzas following the Asian financial crises? 2018 annual conference of the Allied Social Sciences Association (Philadelphia, US).
Roy, S. (2017). Corruption, third party influence and the poor implementation of public welfare programs in developing countries. 2017 annual conference of the Allied Social Sciences Association (Chicago, US).
Roy, S. (2016). Were capital flow bonanzas and low interest rates a primary cause of the global financial crisis? 2016 annual international conference of the Society for Computational Economics (Bordeaux, France).
Roy, S. & Kemme, D. M. (2014). Causes of banking crises: Deregulation, credit booms and asset bubbles, then and now. 2014 annual conference of the Allied Social Sciences Association (Philadelphia, US).
Roy, S. (2011). Can there be corruption in an honest bureaucracy of a benevolent government? 2011 Asia meeting of the Econometric Society (Seoul, Korea).
Kemme, D. M. & Roy, S. (2011). How well do real estate bubbles predict banking crises? 2011 annual conference of the Canadian Economics Association (Ottawa).
Roy, S. (2010). What might cause a benevolent government to be corrupt when agents are honest? An insight with triadic relationships. 2010 annual conference of the Western Economic Association (Portland, Oregon).
Roy, S. (2009). Predicting the Asian currency crises with artificial neural networks: What role of function approximation?” 2009 annual international conference of the Society for Computational Economics (Sydney, Australia).
Roy, S. (2009). Predicting the Asian currency crises with artificial neural networks: What role of function approximation? 2009 annual conference of the Western Economic Association (Vancouver).
Roy, S. (2009). The first global crisis of the twenty-first century: Was it predictable? 2009 annual conference of the Canadian Economics Association (Toronto).
Roy, S. (2009). An early warning system for currency crisis. 2009 annual conference of the Midwest Economics Association (Cleveland, Ohio).