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Bansi L. Sawhney, Ph.D.

Professor of Economics

Department of Finance and Economics
Office: Business Center 471
Phone: 410.837.5049


  • Ph.D., George Washington University
  • M.S., Indiana State University
  • Bio

    Dr. Sawhney primarily teaches economics. Among the most recent courses taught are: International Economics, Basic Economics, Managerial Economics and Macro and Microeconomics. He has authored more than 45 publications. His articles have appeared in professional refereed journals such as Economic Quarterly, Applied Financial Economics, Journal of Economic Research, KYKLOS, and Quarterly Review of Economic & Finance. His research interests include topics such as, Stock Market and the Macroeconomy, Military Spending and its Economic Impact, Business Investment and the Stock Market, International Trade, Income Inequality and Monetary Policy. He serves on the editorial board of several economic journals and edits the Indian Journal of Economics and Business. He is the recipient of the Harry Y. Wright Distinguished Chair in Economics.

  • Research Interests

  • Teaching Interests

  • Recent Publications

    Intellectual Contributions

    Refereed Journal Articles

    Sawhney, B. L., Kabaklarli, E., & Mangir, F. (2018). Military Spending and Income Inequality in the U.S.. International Jr. of Economics Commerce and Management.

    Sawhney, B. L., Anuruo, E., Dipietro, W., & . (2016). The World Distribution of Military Spending: Is there a convergence. International Journal of Computational Economics and Econometrics. 6(4),

    Gidis, M., Mangir, F., Ertugrul, H., Sawhney, B., ., & . (2015). Purchasing Power Parity beween China and U.S.:An Empirical Case Study. Journal of Business,Economics and Fiance. 4(1), 38-51.

    Sawhney, B. L., Mete Feidun, A., & . (2014). Growth Effects of Fiscal Decentralization:Empirical Evidence frm China's provinces. Emerging Markets Finance and Trade. 50(4), 19.

    Research in Progress

    "Does Openness Cause Govenment Consumption: Evidence from Multivariate - based Causality Tests" (Writing Results)

    "Impact of Military Spending on Economic Growth" (On-Going)

    "Inflation Measure.Taylor Rules, and the Greenspan-Bernanke Years" (Writing Results)

    "Openness and Economic Growth in Brazil" (Writing Results)

    "Stock Market and Investment in Turkey" (On-Going)