Research Interests

I work in the area of macroeconomics and monetary economics. I am interested in research on monetary and fiscal interactions, economic growth, and business cycles, with an EME / East Asian Development / India focus. I am a strong proponent of the field of "Indian Macro", or research that uses dynamic general equilibrium models to study Indian macroeconomic policies. Some recent work looks at the determinants of national savings rates, multiple sector DSGE models, monetary transmission in dualistic labor markets, and quantitative models of fiscal dominance. I have been teaching in the Indian Statistical Institute since 2000. I am currently a Professor at the Indian Statistical Institute - Delhi Centre. I was a member of the Reserve Bank of India's first Monetary Policy Committee between October 2016 - October 2020. Between February 2022-February 2025, I was the Director of the Institute of Economic Growth, New Delhi. Since June 2025, I have been serving as a (part-time) member of the Economic Advisory Council to the Prime Minister (EAC-PM).

Publications and Work in Progress
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Planning Unit, Indian Statistical Institute
7, S.J.S. Sansanwal Marg, New Delhi 110 016, India