Research

Macroeconomics and Trade: Networks and Dynamics

• A. S. Chakrabarti, P. Chakraborty,  A. Dutt, War and trade.

• A. S. Chakrabarti and S. Tomar, Granular origin of  comovement in fluctuations, (submitted) SSRN link .

• A. S. Chakrabarti, K. Mahajan and S. Tomar, Trade disruptions and reshoring, (forthcoming in American Economic Journal: Applied Economics).
  This version subsumes an earlier version circulated as  Aggregate shocks, domestic trade collapse and regional realignment, SSRN link .

• A. S. Chakrabarti and S. Tomar,  Multi-plant firms and the heavy-tail of firm size distribution, Canadian Journal of Economics (accepted); older version - SSRN link .

• A. S. Chakrabarti, A. Misra and M. Mohaghegh, Inequality and income mobility: The case of targeted and universal interventions in India, Journal of Economic Inequality, (2024);  older version - SSRN link .

• A. S. Chakrabarti, Dispersion in macroeconomic volatility between the core and periphery of the international trade network, Journal of Economic Dynamics and Control, 88 (2018) 31-50.

• A. S. Chakrabarti and R. Lahkar,   Productivity dispersion and output fluctuations: An evolutionary model, Journal of Economic Behavior & Organization, 137 (2017) 339-360.

• A. S. Chakrabarti and A. Sengupta, Productivity differences and inter-state migration in the U.S.: A multilateral gravity approach, Economic Modelling, 61 (2017) 156-168.

• A. S. Chakrabarti, Inflationary effects of monetary policies in newly industrialized economies with frictions in labor and capital mobility, Journal of Macroeconomics, 50 (2016) 151-167.

Dormant projects 

• J. Bhachech, A. S. Chakrabarti, A. Das and T. Majilla, Deposit channel of comovement in regional GDP.

Applied Micro: Networks and Markets

• A. S. Chakrabarti and S. Mahendiran, Fragility of coinvestors'  network.

• A. S. Chakrabarti, S. Kumar and K. Sen, Corporate networks and diffusion of business strategies.

• A. S. Chakrabarti, R. Gudibande, S. Rathi and A. Shaw, Conflicts and consumption. 

• A. S. Chakrabarti and P. Dev, Social networks and consumption volatility.

• S. Rathi, A. Shaw and A. S. Chakrabarti, Consume or borrow? Land-size mediated effects of cash transfers, (submitted).
  Media: Frontline article on Raythu Bandhu 

• S. Rathi,  A. S. Chakrabarti, C. Chatterjee, A. V. Das and R. Narayanan,  Technology replacement in emerging economies: Evidence from electronic medical records, (submitted). 

• A. S. Chakrabarti, C. Chatterjee and S. Gupta, Procyclicality in unplanned healthcare expenditure: Causal evidence from the Indian medicine market.

• M. Aggarwal, A. S. Chakrabarti and C. Chatterjee, Movies, stigma and choice: Evidence from the pharmaceutical industry, Health Economics, 32 (2023) 1019.

• P. Chakraborty, A. S. Chakrabarti and C. Chatterjee,  Cross-border environmental regulation and firm labor demand, Journal of Environmental Economics and Management 117 (2023) 102753. 

• M. Aggarwal, A. S. Chakrabarti, C. Chatterjee and M. J. Higgins, Research and market structure: Evidence from pathogenic outbreaks,  NBER working paper version:  https://www.nber.org/papers/w28840 ,  Research Policy 52 (2023) 104633.

• S.  Rathi, A. S. Chakrabarti, C. Chatterjee, A. Hegde,  COVID-19 lockdown & technology engagement: New evidence from a large-scale m-Health intervention in India, Review of Development Economics, 26 (2022) 1-34.

• M. Aggarwal, A. S. Chakrabarti and P. Dev, Breaking "bad" links: Impact of Companies Act 2013 on Indian corporate network, Social Networks, 62 (2020) 12-23.

Dormant projects 

• S. Rathi, A. S. Chakrabarti, C. Chatterjee, A. V. Das and R. Narayanan, Network effects in organizational knowledge production.

Networks,  complex systems with evolutionary dynamics and statistical finance - This primarily follows a stream of  'statistical physics-inspired' modelling approach.

• A. Banerjee, A. Chakrabarti and A. S. Chakrabarti,  Pricing information: Evidence from transaction-level data on high-frequency traders, (submitted) SSRN link 

• A. Banerjee, A. Chakrabarti and A. S. Chakrabarti, The origin of return correlation network, (accepted) Journal of Complex Networks.

• A. Chakrabarti and A. S. Chakrabarti, Sparsistent filtering of high-dimensional networks, Accepted at Journal of Computational Science, special issue on Machine learning applications on complex networks, 65, (2023) 101902.

• A. Mishra, P. Srivastava and A. S. Chakrabarti, `Too central to fail' firms in bi-layered  financial networks: Linkages in the US corporate bond and stock markets, Quantitative Finance, 22 (2022) 943-971; older version-  SSRN link . 

• J. Bhachech, A. Chakrabarti, T. Kaizoji and A. S. Chakrabarti, Instability of networks: Effects of sampling frequency and extreme fluctuations in financial data, European Physical Journal B, 95 (2022) 1-14.

• P. Guha, A. Bansal, A. Guha and A. S. Chakrabarti, Gravity and depth of social media networks, Journal of Complex Networks, (2021) 9(2) cnab016.

• A. S. Chakrabarti and S. Moorjani, Strategic connections in a social hierarchy: Wedge between fundamentals and observed valuation, Dynamic Games and Applications, 11 (2021) 433-462.

• A. Chakrabarti and A. S. Chakrabarti, Fractional Differencing: (In)stability of Spectral Structure and Risk Measures of Financial Networks,  Journal of Network Theory in Finance (2021).

• A. Kumar, A. S. Chakrabarti, A. Chakraborti, and T. Nandi, Distress propagation on production networks: Coarse-graining and  modularity of linkages,  Physica A, (2021) 568.

• A. Pogudin, A. S. Chakrabarti and T. Di Matteo, Universalities in the dynamics of cryptocurrencies: Stability, size and scaling, Journal of Network Theory in Finance, (2021) 4(5).

• S. Kumar, T. Di Matteo and A. S. Chakrabarti, Disentangling shock diffusion on complex networks: Identification through graph planarity, Journal of Complex Networks (2020) 8 (3) cnaa023.

• S. Kumar, A. Bansal and A. S. Chakrabarti, Ripples on financial networks, European Journal of Finance, (2020) 1-22.

• G. S. Yadav, A. Guha, A. S. Chakrabarti, Measuring complexity in financial data, Frontiers in Physics (Brief Research Report) https://doi.org/10.3389/fphy.2020.00339 . Part of the volume on From Physics to Econophysics and Back: Methods and Insights.

• A. Rai, A. Bansal and A. S. Chakrabarti, Statistical estimation of time-varying complexity in financial networks, European Physical Journal B, 92(2019) 1-9. 

• C. Kuyyamudi, A. S. Chakrabarti and S. Sinha, Emergence of frustration signals systemic risk, Physical Review E, 99 (2019) 052306.

• A. S. Chakrabarti and S. Kumar, A computational algorithm to analyze unobserved sequential reactions of the central banks: Inference on complex lead–lag relationship in evolution of policy stances, Journal of Computational Social Science,  3 (2019) 33-54. 

• A. S. Chakrabarti and R. Lahkar, An evolutionary analysis of growth and fluctuations with negative externalities, Dynamic Games and Applications,  8 (2018) 733-760.

• A. S. Chakrabarti and D. Ghosh, Emergence of anti-coordination through reinforcement learning in generalized minority games, Journal of Economic Interaction & Coordination, 14 (2017) 225-245.

• K. Sharma, B. Gopalakrishnan, A. S. Chakrabarti and A. Chakraborti, Financial fluctuations anchored to economic fundamentals: A mesoscopic network approach, Scientific Reports (Nature publishing group), 7 (2017) 8055.

• D. Ghosh and A. S. Chakrabarti, Emergence of distributed coordination in Kolkata Paise Restaurant problem with finite information, Physica A, 483 (2017) 16-24.

• A. S. Chakrabarti, A. Chatterjee, T. Nandi, A. Ghosh and A. Chakraborti, Quantifying invariant features of within-group inequality in consumption across groups, Journal of Economic Interaction and Coordination, (2017) doi:10.1007/s11403-017-0189-0. 

• S. Agarwal, D. Ghosh and A. S. Chakrabarti, Self-organization in a distributed coordination game through heuristic rules, European Physical Journal B, 89 (2016) 266.

• A. S. Chakrabarti, S. Sinha,  ‘Hits’ emerge through self-organized coordination in collective response of free agents, Physical Review E, 94 (2016) 042302. 

       Media: Research Matters 

• A. S. Chakrabarti, Cross-correlation patterns in social opinion formation with sequential data, Physica A, 462 (2016) 442-454.

• A. Chatterjee, A. S. Chakrabarti, A. Ghosh, A. Chakraborti and T. Nandi, Invariant features of spatial inequality in consumption: The case of India, Physica A, 442 (2016) 169-181.

• A. S. Chakrabarti, Stochastic Lotka-Volterra equations: A model of lagged diffusion of technology in an interconnected world, Physica A, 442 (2016) 214-223.

• A. S. Chakrabarti, Scale-free distribution as an economic invariant: A theoretical approach, Journal of Economic Interaction and Coordination, (2015) doi:10.1007/s11403-015-0148-6.

• A. Ghosh, A. Chatterjee, A. S. Chakrabarti and B. K. Chakrabarti, Zipf’s law in city size from a resource utilization model , Physical Review E, 90 (2014) 042815.

• A. S. Chakrabarti, Bimodality in firm-size distribution: A kinetic exchange model approach, European Physical Journal B, 86 (2013) 255.

• A. S. Chakrabarti, Effects of the turnover rate on the size distribution of firms: An application of the kinetic exchange models, Physica A, 391 (2012) 6039-50.

• A. S. Chakrabarti, An almost linear stochastic map related to the particle system models of social sciences, Physica A, 390 (2011) 4370-78. 

• M. Lallouache, A. S. Chakrabarti, A. Chakraborti and B. K. Chakrabarti, Opinion formation in the kinetic exchange models: Spontaneous symmetry breaking transition, Physical Review E, 82 (2010) 056112.

• A. S. Chakrabarti and B. K. Chakrabarti, Inequality reversal: effects of the savings propensity and correlated returns, Physica A, 389 (2010) 3572-80.

• A. S. Chakrabarti and B. K. Chakrabarti, Microeconomics of the ideal gas like market models, Physica A, 388 (2009) 4151-4158.

• A. S. Chakrabarti, B. K. Chakrabarti, A. Chatterjee and M. Mitra, The Kolkata Paise Restaurant problem and resource  utilization, Physica A, 388 (2009) 2420-2426. 

Dormant projects 

• V. Garg, S. Kumar and A. S. Chakrabarti, Networks of financial volatility: Effects of expectation.

• A. Chakrabarti and A. S. Chakrabarti, Eigen-spectrum of correlation matrix: An application of the Bai-Silverstein result.