Research
Published Papers -
Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model. (Quarterly Review of Economics and Finance, 2022) (With Ashima Goyal)
External Shocks, Cross Border Flows and Macroeconomic Risks in Emerging Market Economies". Empirical Economics, 2021. (with Ashima Goyal and Rajeshwari Sengupta)
Interlinkages between External Debt Financing, Credit Cycles and Output Fluctuations in Emerging Market Economies , Review of World Economics, 2021 . (with Rajeswari Sengupta). doi - https://doi.org/10.1007/s10290-021-00424-3
Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets? Margin: The Journal of Applied Economic Research 12, no. 3, (2018): 257-75 (with Ashima Goyal)
Ongoing Projects -
Macroeconomics and International Finance -
A leaky pipeline - Macroprudential policy shocks, non-bank financial intermediation and systemic risk in Europe [With Johanna Krenz (University of Hamburg)]
Working paper version - https://www.wiso.uni-hamburg.de/forschung/forschungslabor/working-papers/pdfs-wp/wp79.pdf
Global financial cycle, balance sheet risk-taking and systemic risks: Evidence from European financial system [With Udichibarna Bose and Chiara Banti, Essex Business School, UK]
Spillovers of Policy Uncertainty Shocks on Bank Lending: Does It Matter More During Recession?
Market regulation and cost and availability of credit in a small open economy
Shadow banks, policy uncertainty shocks and systemic risks
Other Projects
Financial development and penetration of digital payments}} [With Ammu George, NUS, Singapore]
Political Economy (under review)
Shrinking pie in times of conflict: Evidence from India's Jammu and Kashmir [with Vikash Vaibhav]
Book Chapters -
Emerging Market Perspective on G-20 Led Financial Reforms" In 20 Years of G20: From Global Cooperation to Building Consensus, edited by Rajat Kathuria, 13-30. Singapore: Springer, 2019. (with Ashima Goyal)
Reports -
Unspent Balances and Fund Flow Mechanism under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), New Delhi: National Institute of Public Finance and Policy, 2014. (N. R. Bhanumurthy)