RESEARCH PAPERS PUBLISHED

Salience of Social Identities in Explaining Homeownership Patterns in India (with Ashish Gupta, Prashant Das, N. Coulson),  Journal of Urban Studies, 2024, DOI: 10.1177/00420980241289795.  

Digital payments in India - How demonetization and COVID-19 shaped adoption (with Varun Yadav), Economics Letters, 246, 2024, https://doi.org/10.1016/j.econlet.2024.112074.

Infrastructure and Finance: Evidence from India’s GQ highway network (with Ejaz Ghani, Arti Grover, William Kerr, and Ramana Nanda), Journal of Urban Economics, 2023, https://doi.org/10.1016/j.jue.2023.103593.

Effects of financial statement and macroeconomic factors on risk measures of banks in India: Panel and Decision Tree Analysis Approach (with Gaurango Banerjee and Abhimanyu Gupta), International Journal of Finance and Banking Studies, 2022, https://doi.org/10.20525/ijfbs.v11i3.2009.

Bank Merger, Credit Growth, and the Great Slowdown in India (with Subal   Kumbhakar), Economic and Political Weekly, 57(20), 2022.

Nowcasting inflation in India with daily crowd-sourced prices using dynamic factors and mixed frequency models (with Varun Yadav), accepted for publication in Applied Economics Letters (2021).

Financial Misconduct, Fear of Prosecution and Bank Lending (with Avijit Bansal and Saibal Ghosh), Economic and Political Weekly, Vol. 55, Issue No. 13, 28 Mar, 2020.

Financial support vis-a-vis share of wind generation: Is there an inflection point? (with Dipti Gupta and Amit Garg), Energy (2019), 181, 1064-1074. 

Inflation expectations in India: Learning from household tendency surveys (with Kajal Lahiri and Yongchen Zhao), International Journal of Forecasting (2019), 35(3), 980993. 

Nowcasting sales growth of manufacturing companies in India (with Anirban Sanyal), Applied    Economics,   2017, https://doi.org/10.1080/00036846.2017.1324613.   

India’s International Integration and Challenges to Sustaining Growth (with Sanket Mohapatra, Viral Acharya and others), Vikalpa, 42(3), 2017, https://doi.org/10.1177/0256090917721781.

Forecasting Inflation with Mixed Frequency Data in India (with Bikash Maji), Calcutta Statistical Association Bulletin, 2017, 68(1&2) 92–110. DOI: 10.1177/0008068316668421. 

Financial Intermediation Services Indirectly Measured (FISIM): The role of reference rate (with Ramesh Jangili), Statistical Journal of the IAOS, 2017, 33, 515–524, DOI 10.3233/SJI-160280. 

Mark-up and Efficiency of Indian Banks: An Input Distance Function Approach (with Subal Kumbhakar), Empirical Economics, 2016, 51:1689–1719, DOI 10.1007/s00181- 015-1062- 4. 

Effects of Derivatives usage and Financial Statement accounting items on Indian Banks' Stocks' Unsystematic and Systematic Risk Measures (with G. Banerjee, S. Shetty and K. Jana), Journal of Economics and Finance, 2016, DOI 10.1007/s12197016- 9366-6. 

An Application of Quah and Vahey's Structural Vector Auto Regression Methodology for Estimating Core Inflation in India: A Note (with Joice John and Sanjay Singh), Journal of Quantitative Economics, DOI 10.1007/s40953-0150023-2, 2015. 

Real Time Business Conditions Index: A Statistically Optimal Framework for India (with Dipankar Biswas and Nivedita Banerjee), Reserve Bank of India Occasional Paper, 33(1 & 2), 2014. An earlier version in the same title was published in the RBI Working Paper Series, WPS(DEPR), 3/2011. 

Sensitivity of Investment and Growth to Changes in Real Interest Rates in India (with S. Pattanaik, H. Behera, R. Kavediya, A. K. Shrivastava and H. Joshi),  Prajnan (NIBM), Journal of Social and Management Sciences, XLIII (1),  April-June 2014. An earlier version titled ‘Real Interest Rate impact on Investment and Growth – What the Empirical Evidence for India Suggests?' was published as RBI Project Research Study https://rbi.org.in/Scripts/PublicationsView.aspx?id=15113.  

Estimation of Counterfeit Currency Notes in India – Alternative Methodologies, (with Sanjoy Bose), RBI Working Paper Series, WPS(DEPR), 03/2013. 

Corporate Pricing Power, Inflation and IIP Growth: An Empirical Investigation (with Angshuman Hait and Joice John), RBI Working Paper Series, WPS(DEPR), 09/2013. 

Productivity and efficiency dynamics in Indian banking: an input distance function approach incorporating quality of inputs and outputs (with Subal Kumbhakar), Journal of Applied Econometrics 27, 2012. 

Inflation Threshold in India: An Empirical Investigation (with Joice John, A. B. Chakraborty and Deepak Mohanty), RBI Working Paper Series, WPS(DEPR), 18/2011. 

Fan Chart: Methodology and its Application to Inflation Forecasting in India (with Nivedita Banerjee), RBI Working Paper Series, WPS(DEPR), 5/2011. 

Balance sheet accounting factors and capital market risk exposure (with G. Banerjee), International Journal of Finance, 22, 2010. 

Distribution of Cost and Profit Efficiency of Indian Banking (with Subhash Ray), European Journal of Operations Research, 201, 2010. 

Financial deregulation and profit efficiency: A nonparametric analysis of Indian banks (with Saibal Ghosh), Journal of Economics and Business, 61(6), 2009. 

Measuring Core Inflation in India (with Joice John and Sanjay Singh), Indian Economic Review, 44 (2), 2009.

Estimation of Potential Output in India, (with S. Bordoloi and R. Jangili), Reserve Bank of India Occasional Papers, Monsoon, 30(2), 2009.

Impact of Agricultural Credit on Agricultural Production: An Empirical Analysis in India, (with Manjusha Senapati and Joice John), Reserve Bank of India Occasional Papers, Monsoon, 30(2), 2009.

Hedonic Quality Adjustments for Real Estate Prices in India (with Manjusha Senapati and Joice John), Reserve Bank of India Occasional Papers, Summer, 30(1), 2009. 

Determinants of Credit Risk in Indian State-owned Banks: An Empirical Investigation (with Saibal Ghosh), Economic Issues, 12(2), 2008.

GDP Deflator vis-à-vis other Price Indices in India: An Exploratory Study (with Manjusha Senapati), The Journal of Income and Wealth, 29(1), 2008. 

Financial Deregulation and Efficiency: An Empirical Analysis of Indian Banks during the Post Reform Period (with Saibal Ghosh), Review of Financial Economics, 15(3), 2007. 

Profitability of Indian Corporate Sector: Productivity, Price or Growth? (with Manjusha Senapati), Reserve Bank of India Occasional Papers, Winter, 28(3), 2007. 

Labour-use Efficiency in Indian Banking: A Branch-level Analysis (with Subhash Ray and Ashok K. Nag), Omega, International Journal of Management Science, 37(2), 2007. 

Estimation of Stable Fertility Rate of Indian States: An Application of Population Evolution Model, Demography India, 35(4), 2007. 

Scale Economies, Cost Complementarities and Technical Progress in Indian Banking: Evidence from Fourier Flexible Functional Form, (with Sangeeta Das), Applied Economics, 39(5), 2007. 

Demographic Statistics in India: Why Shall We Take the Electoral Roll Seriously? (with Kaushik Bhattacharya and Anujit Mitra), Demography India, 36(1), 2007. 

Banking Sector's Output in National Accounts: Measurement issues (with A. B. Chakraborty), Economic and Political Weekly, 42(37), 2007. 

Banking Sector's Output in National Accounts: Measurement Issues in the Light of SNA Revision" (with A. B. Chakraborty), The Journal of Income and Wealth, 27 (1&2), 2007. 

Central Banks Output in GDP: Issues and Measurement, The Journal of Income and Wealth, 27 (1&2), 2007.

State-wise Estimates of Financial Savings of Household Sector: An Exploratory Study" (with K. S. Ramachandra Rao and Ramesh Jangili), The Journal of Income and Wealth, 28(1), 2007. 

Commercial Banks' Lending to Small Scale Industry – An Account (with K. S.

Ramachandra Rao and A. K. Singh), Economic and Political Weekly, March 2006. 

Depositor Discipline in the Banking Sector in India: An Empirical Investigation (with Saibal Ghosh), Journal of Quantitative Economics, 19(1), 2005. 

Market Discipline, Capital Adequacy and Bank Behaviour, (with Saibal Ghosh) in Economic and Political Weekly, 40(12), 2005. 

Liberalization, Ownership, and Efficiency in Indian Banking: A Nonparametric Approach (with Subhash Ray and A. K. Nag), Economic and Political Weekly, 40(12), 2005. 

Examining Excess Capacity in Regional Rural Banks: Some Empirical Insights for India (with Saibal Ghosh), Prajnan, Vol. XXXIII (4), NIBM, January – March, 2005. 

Dynamics of Market Structure and Competitiveness of the Banking Sector in India and its Impact on Outputs and Prices of Banking Services (with Kaushik Bhattacharya), Reserve Bank of India Occasional Papers, 2005. 

Size, Non-performing Loan, Capital and Productivity Change: Evidence from in Indian State-owned Banks (with Saibal Ghosh), Journal of Quantitative Economics, 18(3), 2005. 

Risk, Capital and Operating Efficiency: Evidence from Indian Public Sector Banks (with Saibal Ghosh), Indian Journal of Economics and Business, 1(1), June 2004. 

Efficiency of Indian Commercial Banks during the Reform Period (with S. Rangasamy), Applied Financial Economics, 14, 2004. 

Non-performing Loan, Capital and Productivity Change: Evidence from Indian Stateowned Banks, (with Saibal Ghosh), Global Journal of Finance and Economics, 1(1), March 2004. 

Corporate Governance in Indian Banking System: An Empirical Investigation (with Saibal Ghosh), Economic and Political Weekly, Special issue, March 2004. 

The Relationship between Risk and Capital: Evidence from Indian Public Sector Banks (with Saibal Ghosh), Reserve Bank of India Occasional Papers, Summer, Monsoon, Winter, 2003. 

Market Discipline in Indian Bank: Does the Data Tell a Story, (with Saibal Ghosh), NSE Newsletters, April 2003. 

Market Discipline in Indian Banking: An Empirical Exploration (with Saibal Ghosh), NSE Research Initiative No. 82, 2003, NSE: Mumbai. 

Credit Growth and Response to Capital Requirements: Evidence from Indian Public Sector Banks (with A. K. Nag), Economic and Political Weekly, Vol.XXXXII, August 17, 2002. 

Risk and Productivity Change of Indian Public Sector Banks, Economic and Political Weekly, Vol.XXXVII, February 2-8, 2002. 

Bootstrap Confidence Interval of the Efficiency Estimate of Commercial Banks in India (with T. V. Ramanathan), International Journal for Development Banking, December 2000.

Fertility Transition and Threshold Estimation, Journal of Social and Economic Development, 3(2), July-December 2001.

Socio-Economic Development in India: A Regional Analysis, Development and Society, 28, Dec.1999.

Efficiency of Public Sector Banks: An Application of Data Envelopment Analysis (DEA) Model, Prajnan, National Institute of Bank Management, July-September 1999.

An Approach to Evaluate the Performance of Public sector Banks in India (with P. C. Sarker), Journal of Applied Economics- International Quarterly, October December, 1999. 

Profitability of Public Sector Banks in India: A Decomposition Model, Reserve Bank of India Occasional Papers, Summer, 1999. 

Portfolio Risks and Economies of Scale in Banking: The Indian Case, International Journal for Development Banking, July-December, 1998. 

Temporal Causality between Government Taxes and Spending: An Application of Error Models (with Sangeeta Das), Prajnan, National Institute for Bank Management, April-June, 1998. 

Measurement of Productive Efficiency and its Decomposition in Indian Banking Firms, The Asian Economic Review, December 1997. 

Development of Composite Index of Banking Efficiency – The Indian Case (with P.

C. Sarker), Reserve Bank of India Occasional Papers, December, 1997. 

Technical, Allocative and Scale Efficiency of Public Sector Banks in India, Reserve Bank of India Occasional Papers, June, 1997. 

Structural Changes and Asset-liability Mismatch of Commercial Banks in India, Reserve Bank of India Occasional Papers, December, 1996.