Economic Development and Growth, Inequality, Financial Development, Economics of Education, Applied Microeconomics.

Publications:

• Books:
   
  • Markets, Governance, and Institutions in the Process of Economic Development, (co-edited with Ajit Mishra), Oxford University Press: Oxford, 2017.
     
  • New and Enduring Themes in Development Economics, (co-edited with Bhaskar Dutta and E. Somanathan), World Scientific: Singapore, 2009.
     
• Journal Articles:
   
  • "Gender Peer Effects in High Schools: Evidence from India," (with Prerna Dewan, Arka Roy Chaudhuri and Kirti Tater), Journal of Economic Behavior and Organization, 220, 470-494, 2024.
     
  • "Intergenerational Transfers: Public Education and Pensions with Endogenous Fertility," (with Monisankar Bishnu, Shresth Garg and Tishara Garg), Journal of Economic Dynamics and Control, 153, 2023.
     
  • "Pension, Possible Phaseout and Endogenous Fertility in General Equilibrium," (with Amol Amol and Monisankar Bishnu), Journal of Public Economic Theory, 2022.
     
  • "Optimal Intergenerational Transfers: Public Education and Pensions," (with Monisankar Bishnu, Shresth Garg and Tishara Garg), Journal of Public Economics, 198, 2021.
     
  • "Whose Education Matters? An Analysis of Inter Caste Marriages in India," (with Arka Roy Chaudhuri and Komal Sahai), Journal of Economic Behavior and Organization, 176, 619-633, 2020.
     
  • "Inequality, Neighbourhoods and Welfare of the Poor," (with Namrata Gulati), Journal of Development Economics, 122, 214-228, 2016.
     
  • "Optimal Procurement Strategy Under Supply Risk," (with Haresh Gurnani, Mehmet Gumus and Saibal Ray),  Asia-Pacific Journal of Operational Research, 29(1), 2012.
     
  • "Integrating Mental Health in Welfare Evaluation: An Empirical Application," (with Sanghamitra Das and Abhiroop Mukhopadhyay), The B.E. Journal of Economic Analysis & Policy, 9 (1), Article 41, 2009.
     
  • "The Development and Structure of Financial Systems," (with Shankha Chakraborty), Journal of Economic Dynamics and Control, 31(9), 2920-2956, 2007.
     
  • "Bank-based versus Market-based Financial Systems: A Growth-theoretic Analysis," (with Shankha Chakraborty), Journal of Monetary Economics, 53(2), 329-350, 2006.
     
  • "Sharecropping, Land Exploitation and Land Improving Investments," Japanese Economic Review, 56(2), 127-143, 2005.
     
  • "Uncertainty, Arbitrage and Intra-Industry Trade," (with Sudipto Dasgupta and Kit Pong Wong), Canadian Journal of Economics, 35(4), 757-785, 2002.
     
  • "Limited Liability, Contractual Choice, and the Tenancy Ladder," (with Nirvikar Singh), Journal of Development Economics, 66(1), 289-303, 2001.
     
  • "Share Tenancy as Strategic Delegation," Journal of Development Economics, 58(1), 45-60, 1999.
     
  • "The Babu and the Boxwallah: Managerial Incentives and Government Intervention in a Developing Economy," (with Kaushik Basu and Arghya Ghosh), Review of Development Economics, 1(1), 71-80, 1997.
     
• Chapters in Books:
   
  • "Student Mortgage Loans vis-à-vis Income Contingent Loans: Problems and Prospects" (with Mausumi Das), in N. V. Varghese and Jinusha Panigrahi (eds.), India Higher Education Report 2018: Financing of Higher Education, chapter 10, 267-307, Sage Publications, 2019.
     
  • "Inequality and Neighbourhood Effects: Market Access and Welfare of the Poor," (with Namrata Gulati), in Ajit Mishra and Tridip Ray (eds.), Markets, Governance, and Institutions in the Process of Economic Development, chapter 11, 174-201, Oxford University Press: Oxford, 2017.
     
  • "Economic Cost of HIV and AIDS in India," (with Sanghamitra Das and Abhiroop Mukhopadhyay), in Markus Haacker and Mariam Claeson (eds.), HIV and AIDS in South Asia: An Economic Development Risk, chapter 4, 123-154, The World Bank, Washington, DC, 2009.

• "Mixed Markets, Privatization, and Consumer Welfare," (with Priyanka Dutta and Arghya Ghosh).
   
• "Public versus Private Provision in Congested Markets," (with Priyanka Dutta and Arghya Ghosh).
   
• "Land Market Frictions and Manufacturing Firm Growth: Evidence from India," (with Mausumi Das and Meet Mehta).
   
• "The Heat is on: Temperature and Test Scores in India," (with Arka Roy Chaudhuri and Sujaya Sircar).
   
• "Do Clouds have a Silicon Lining for Firms? Contract Hiring and Computer Investment: Evidence from Rainfall Shocks," (with Arka Roy Chaudhuri and Sujaya Sircar).
   
• "Evolving Occupations or Occupation-Status? Employment Polarization in the Context of a Developing Country," (with Arka Roy Chaudhuri and Sujaya Sircar).
   
• "What Can(not) Explain the Gap? Evidence and Decomposition of Gendered Stream Choice in India," (with Arka Roy Chaudhuri and Komal Sahai).
   
• "Caste Peer Effects on Student Performance: Evidence from Indian Schools," (with Arka Roy Chaudhuri and Komal Sahai).
   
• "Impact of Education Loans on Higher Education: The Indian Experience," (with Senjuti Patra and Arka Roy Chaudhuri).
   
• "Public versus Private Provisioning: Role of Education and Political Participation," (with Mausumi Das, Adway De and Skand Goel).
   
• "Financing Higher Education: Comparing Alternative Policies," (with Mausumi Das).
   
• "Education Financing Policy: Income Contingent Loans and Educational Poverty Traps," (with Shoumitro Chatterjee, Mausumi Das and Seher Gupta).
   
• "Negative Reality of the HIV Positives: Evaluating Welfare Loss in a Low Prevalence Country," (with Sanghamitra Das and Abhiroop Mukhopadhyay), Discussion Paper 08-02, Indian Statistical Institute, Delhi.

Works in Progress:

• "Multi-region Carbon Taxes under Time Inconsistency," (with Honey Batra, Monisankar Bishnu and Bipul Verma).
   
• "Uncertainty, Arbitrage and Industry Location," (with Sudipto Dasgupta).
   
• "Income Inequality, Industrial Structure and Product Quality," (with Namrata Gulati).
   
• "Regional Inequality, Location Choice and Quality Ladder," (with Namrata Gulati).