Research Interests

I am an applied macroeconomist with a research focus on economic growth, fluctuations, economic development, and monetary and fiscal policy in developing and emerging market economies. I am currently working on monetary transmission in India, employment targetting, fiscal policy in small open economies, and monetary policy and terms of trade shocks. I am currently a Professor at the Indian Statistical Institute - Delhi Centre.

Publications and Working Papers
Monetary and Fiscal Policy in Developing and Emerging Market Economies
  • Employment Targeting. With Monisankar Bishnu (ISI Delhi), and Debojyoti Mazumder (IIM Indore). Work in Progress.
  • Why is the Aggregate Demand Channel for Monetary Transmission Weak in India? With Parantap Basu (Durham), Pawan Gopalakrishnan (Reserve Bank of India), Seshadri Banerjee (CSSS Kolkata), and Sargam Gupta (ISI Delhi). Work in Progress.
  • Fiscal Policy, Debt, and EME Business Cycles. With Chetan Dave (NYU - Abu Dhabi), Pawan Gopalakrishnan (Reserve Bank of India), and Suchismita Tarafdar (Shiv Nadar University). Work in Progress.
  • [Terms of Trade Shocks and Monetary Policy in India.] With Debdulal Mallick (Deakin University) and Sargam Gupta (ISI Delhi). In Press, Computational Economics
  • Monetary Policy in India: A Modern Macroeconomic Perspective. (Eds.) Chetan Ghate and Ken Kletzer (UCSC). Springer Verlag: India. December 2016.
  • [Fiscal Policy in an Emerging Market Business Cycle Model.] With Pawan Gopalakrishnan (ISI Delhi) and Suchismita Tarafdar (Shiv Nadar University). Journal of Economic Asymmetries. Vol. 16, November 2016, pages 52-77.
  • Global Cooperation Among G20 Countries: Responding to the Crisis and Restoring Growth, (Eds.) Mike Callaghan (Lowy Institute), Chetan Ghate, Stephen Pickford (Chatham House), and Francis Rathinam (DFID). Springer Verlag: India. January 2014.
The Indian Macroeconomy Endogenous Growth Theory Chapters in Edited Volumes and Contributions to Technical Reports Book Reviews and Shorter Pieces
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