(In)Stability of the Relationship between Relative Expenditure and Price of Durable and Nondurable Goods (with Vipul Bhatt), forthcoming, Journal of Money, Credit and Banking.
Estimating Expected Asset Returns with the Present Value Model of Consumption and Fed Forecasts, forthcoming, B.E. Journal of Macroeconomics.
Does the Zillow rent measure help predict CPI rent inflation? forthcoming, Business Economics.
Does Membership of the EMU Matter for Economic and Financial Outcomes (with Omid Ardakani and Suyong Song), Contemporary Economic Policy, 2024.
Forecasting House Prices: The Role of Fundamentals, Credit Conditions and Supply Indicators, Journal of Real Estate Finance and Economics, 2023, 1-23
Finding a Role for Slack in Real-Time Inflation Forecasting (with Evan F. Koenig), International Journal of Central Banking, 2022, 18(2), 245-282.
Dynamic Comovement among Banks, Systemic Risk, and the Macroeconomy (with Pavel Kapinos and Jun Ma), Journal of Banking and Finance, 2022, 138.
Role of Credit and Expectations in House Prices (with Vipul Bhatt), Finance Research Letters, 50, 103203
Comovements and spillovers in international commercial and residential real estate markets. Journal of European Real Estate Research, 2022, 15(3), 311-331.
(A)synchronous Housing Market of Global Cities (with Vipul Bhatt), Journal of Real Estate Finance and Economics, 2022, 1-31.
The Local Employment Effect of House Prices: Evidence from U.S. States (with Hardik Marfatia, Gooan Nam and Majid Rizi), Journal of Housing Economics, 55, 101805
Business Cycle Synchronization in the CIS Region (with Salome Giorgadze), 2022, Economics of Transition and Institutional Change, 30 (1), 135-158
Forecasting Real-Time Economic Conditions using House Prices and Credit Conditions, Journal of Forecasting, 2021, 40 (2), 213-227
Estimating Excess Sensitivity and Habit Persistence in Consumption using Greenbook Forecast as an Instrument (with Vipul Bhatt and Hardik Marfatia), Oxford Bulletin of Economics and Statistics, 2020, 82(2), 257-284.
Understanding the Relationship between Public and Private Commercial Real Estate Markets, Journal of Property Research, 2020, 37 (4), 289-307 .
The Rise of Dollar Credit in Emerging Market Economies and US Monetary Policy (with Anni Huang), The World Economy, 2019, 42(2), 530-551.
The Dynamic Relationship among the Money Market Mutual Funds, the Commercial Paper Market and the Repo Market (with Majid Haghani Rizi and Hardik Marfatia), European Journal of Finance, 2019, 25(5), 395-414.
Re-evaluating the Effectiveness of Inflation Targeting (with Omid Ardakani and Suyong Song), Journal of Economic Dynamics and Control, 2018, 90, 76-97.
Examining the Success of the Central Banks in Inflation Targeting Countries: The Dynamics of Inflation Gap and the Institutional Characteristics (with Omid Ardakani), Studies in Nonlinear Dynamics and Econometrics, 2018, 22(1).
Forecasting House Prices in OECD Economies (with Hardik Marfatia), Journal of Forecasting, 2018, 37(2), 170-190.
The Impact of EMU on Bond Yield Convergence: Evidence from a Time-Varying Dynamic Factor Model (with Vipul Bhatt and Jun Ma), Journal of Economic Dynamics and Control, 2017, 82, 206-222.
The Dynamic Behavior of Implicit Inflation Targets for “Inflation Targeting Lite” Economies (with Vipul Bhatt and Amr Hosny), Economic Record, 2017, 93, pp.67-88.
The Dynamic Relationship between Housing Prices and the Macroeconomy: Evidence from the OECD Countries (with Hardik Marfatia), Journal of Real Estate Finance and Economics, 2017, 54(2), 237-268.
Measuring Trend Inflation and Inflation Persistence in India (with Vipul Bhatt), Monetary Policy in India: A Modern Macroeconomic Perspective, 2016, edited by Chetan Ghate and Kenneth Kletzer, Springer-Verlag.
What Moves the Price-Rent Ratio for Housing? A Modified Present-Value Analysis (with James Morley), Journal of Economic Dynamics and Control, 2015, 58, pp. 235 – 49.
Consumption and Expected Asset Returns: An Unobserved Component Approach (with Swati Kumari), Macroeconomic Dynamics, 2015, 19, pp. 1023-1044.
What is Driving Financial Dollarization in Transition Economies? A Dynamic Factor Analysis (with Kyriakos Neanidis), Macroeconomic Dynamics, 2015, 19, pp. 816-835.
Time Variation in the Relative Importance of Permanent and Transitory Components in the U.S. Housing Market (with Swati Kumari and Suyong Song), Finance Research Letters, 2015, 12, pp. 92-99.
The Exchange Rate Disconnect Puzzle Revisited (with Mohsen Bahmani and Amr Hosny), International Journal of Finance and Economics, 2015, 20, pp. 126-137.
Understanding the Dynamics of Macroeconomic Trilemma (with Mohsen Bahmani and Amr Hosny), International Review of Applied Economics, 2015, 29, pp. 32-64.
Are Shocks to Food and Energy Prices Transitory? Evidence from Indian Economy (with Vipul Bhatt), Journal of Policy Modeling, 2015, 1, pp. 92-106.
Credit Conditions as Predictors of Economic Activity: A Real-Time VAR Analysis (with Evan F. Koenig), Journal of Money, Credit and Banking, 2014, 46(2-3), pp. 545-564.
The Instability in the Monetary Policy Reaction Function and Estimation of Monetary Policy Shocks (with Monique Newiak), Contemporary Economic Policy, 2014, 32(2), pp. 390-402.
Consumption-Wealth Ratio and Expected Housing Returns (with Swati Kumari), Journal of Real Estate Research, 36(1), pp. 87-108.
Bank Lending Channel in India: Evidence from Indian States (with Vipul Bhatt), Empirical Economics, 2013, 45(3), pp. 1307-1331.
Does Federal Funds Futures Rate Contain Information about the Treasury Bill Rate? (with Hardik Marfatia), Applied Financial Economics, 2013, 23(16), pp. 1311-1324.
The Time-Varying Response of Foreign Stock Markets to U.S. Monetary Policy Surprises: Evidence from the Federal Funds Futures Market (with Hardik Marfatia), Journal of International Financial Markets, Institutions and Money, 2013, 24, pp. 1-24.
Has Wealth Effect Changed Over Time? Evidence from Four Industrial Countries (with Vipul Bhatt), Recent Advances in Estimating Non Linear Models, 2014, edited by Jun Ma and Mark Wohar, Springer.
A Note on Time-Variation in a Forward-Looking Monetary Policy Rule: Evidence from European Countries, Macroeconomic Dynamics, 2012, 16(S3), 422-437.
Modeling Inflation in India: The Role of Money, forthcoming, Singapore Economic Review, 2012, 57(4), 2801-2819.
VAR Estimation and Forecasting When Data are Subject to Revision (with Evan F. Koenig), Journal of Business and Economic Statistics, 2012, 30(2), pp. 181-190.
Business Cycle Synchronization in the Proposed East African Monetary Union: An Unobserved Component Approach (with John M. Ssozi), Review of Development Economics , 2011, 15(4), pp. 664-675 .
Data Revisions in India: Implications for Monetary Policy, Journal of Asian Economics, 2011, 22(2), pp. 164-173.
The Superiority of Greenbook Forecasts and the Role of Recessions, National Bank of Poland Working Paper no 74, 2010.
Inflation Convergence and Currency Unions: The Case of the East African Community (with John Ssozi), Indian Growth and Development Review, 2010, 3(1), pp. 36-52.
The Success of the Fed and the Death of Monetarism (with Levis A. Kochin), Economic Inquiry, 2007, 45(1), pp. 56-70.
Does Consumption Respond More to Housing Wealth than to Financial Market Wealth? If So, Why? Journal of Real Estate Finance and Economics, 2007, 35(4), 427-448.