Gitanjali Kumar is the Director of the Cross-Market Analysis team in the Financial Markets Department. In this role, she is responsible for providing analysis and advice from a financial markets perspective to support the setting of monetary policy at the Bank. Previously, she was Director of the Global Issues Division in the International Economic Analysis Department, where she was responsible for facilitating the Bank’s participation in international policy fora such as the G7, G20 and IMF meetings. Ms. Kumar has also served as the Associate Coordinator of the Bank’s Financial System Review.
Staff working papers
Financial System Review articles
In Monitoring Shadow Banking in Canada: A Hybrid Approach, Bo Young Chang, Michael Januska, Gitanjali Kumar and André Usche discuss how lending that occurs outside the traditional banking system provides benefits to the economy but must be monitored carefully for potential financial sector vulnerabilities. They describe how the Bank defines and measures shadow banking and how it assesses vulnerabilities in the sector, using an approach that examines both markets and entities.
- "On the size distortion of tests after an overidentifying restrictions pretest",
(with Patrik Guggenberger), Journal of Applied Econometrics, forthcoming.