About
I am a PhD candidate in Economics at the University of Southampton.
My research focuses on climate finance, examining how ESG information and climate risks are reflected in financial markets, particularly in credit markets, including banking.
I am currently on the 2025–26 job market.
You can find my job market paper here and my personal website here.
Research
Research interests
- Applied Econometrics
- Climate Finance
- Financial Economics
- Sustainable Investing
Current research
My current research focuses on understanding banks’ behaviour in syndicated lending markets. I am working on two projects: the first examines whether banks penalise ESG-washing by borrowers in the energy sector through loan contract terms, and the second investigates the causal impact of emissions trading schemes (ETS) on syndicated lending decisions.
Publications
Teaching
ECON1018: Economics with Experiments
External roles and responsibilities
Biography
Rupali is a PhD Economics candidate supervised by Jose Olmo, Hector Calvo-Pardo, and Jana Sadeh at University of Southampton, UK. Her research focuses on climate finance, examining how ESG information and climate risks are reflected in financial markets, particularly in credit markets and banking.
Rupali holds an MSc in Economics from Queen Mary, University of London. She also earned an MSc in Financial Economics from the Gokhale Institute of Politics and Economics and a B.A. (Honours) in Economics from the University of Delhi.
Rupali previously worked as a Research Associate at the University of Delhi on a policy-driven project funded by the Ministry of Corporate Affairs (Government of India) on financial distress and bankruptcies in the Indian corporate sector, where she developed a predictive model to assess firms’ financial health and help lenders anticipate financial distress.
Rupali has two years of full-time undergraduate teaching experience across multiple finance and economics modules. During her PhD, she also worked as a Teaching Assistant at Imperial College Business School and the University of Southampton.
Prizes
- PhD Studentship, Department of Economics, School of Social, Economic and Political Sciences (2021)
- SRI Responsive & Travel Fund (2024)