Publications

Book

Tapas K Parida and Debashis Acharya(2017), The Life Insurance Industry in India: Current State and Efficiency, Palgrave Macmillan(Springer Nature), ISBN 978-981-10-2232-6

Refereed International Papers

1. Acharya Debashis and Alok Kumar Pandey (2023), CBDC Field Research Insights: India’s CBDC Needs to Be People-Centric, Blogpost, IMTFI, https://sites.uci.edu/imtfiblog/2023/02/07/cbdc-field-research-insights-indias-cbdc-needs-to-be-people-centric/

2. Acharya Debashis and Alok Kumar Pandey (2022), Impact of COVID-19 pandemic on Small Businesses in India: Policy Issues and Misses, Arthika Charche, FPI Journal of Economics and Governance, 7(2), 43-53. 

3. Acharya Debashis, Badri Narayan Rath, and Tapas Kumar Parida(2021), “Convergence in Monthly Per Capita Expenditure and the Rural–Urban Dichotomy: Evidence from Major Indian States”, in Amitrajeet A. Batabyal, Yoshiro Higano, Peter Nijkamp(Eds.) Rural–Urban Dichotomies and Spatial Development in Asia, New Frontiers in Regional Science: Asian Perspectives, Singapore, https://doi.org/10.1007/978-981-16-1232-9, p.229-247

4. Acharya Debashis (2021) Cryptocurrencies in India: Proposed Regulations and the Future, EMERiCs, Korean Institute for International Economic Policy, https://www.emerics.org:446/issueFileDownload.es?brdctsNo=317346&brdctsFileNo=81521. 

5. Bhat Sajad Ahmad, Bandi Kamaiah and Debashis Acharya (2020), Examining the differential impact of monetary policy in India: a policy simulation approach, Journal of Economics, Finance and Administrative Sciences, DOI 10.1108/JEFAS-05-2019-0072.

6. Y N Raju and Debashis Acharya, (2020) Revisiting the Volatility- Growth relationship: Some cross-country evidence, 1978–2017, Cogent Economics & Finance, 8:1, 1826655

7. Acharya Debashis and Erra Kamal Sai Sadhrama(2020), “Non-Banking Financial Company- Microfinance Institutions Sector in India: Current Policy Issues and Challenges, Arthik Charche, FPI Journal of Economics and Governance, 5(1), 3-14.

8. Sethi Dinanbandhu and Debashis Acharya(2020), “Monetary Policy and Financial Stability: The Role of Inflation Targeting”, The Australian Economic Review, Volume 53, Issue 1, 1 March 2020, Pages 50-75

9. Acharya D., Sahoo B.K., Venkatachalapathy T.K. (2019) Health System and Health Expenditure Productivity Changes in Indian States: Has It Changed for the Better in the Post-reform Period?. In: Batabyal A., Higano Y., Nijkamp P. (eds) Disease, Human Health, and Regional Growth and Development in Asia. New Frontiers in Regional Science: Asian Perspectives, vol. 38. Springer, Singapore, https://doi.org/10.1007/978-981-13-6268-2_4.

10. Sahoo Pradipta Kumar, Dinabandhu Sethi, Debashis Acharya(2019), “"Is bitcoin a near stock? Linear and non-linear causal evidence from a price–volume relationship", International Journal of Managerial Finance, Volume 15, Issue 4, 5 August 2019, Pages 533-545

11. Sethi Dinabandhu and Debashis Acharya(2018), “ Financial Inclusion and Economic Growth linkage: Some Cross Country Evidence, Journal of Financial Economic Policy, Volume 10, Issue 3, p. 369-385.

12. Lagesh M A, Maram Srikanth, and Debashis Acharya(2018), “Corporate Performance during Business Cycles: Evidence from Indian Manufacturing Firms”, Global Business Review, Volume 19, Issue 5, 1 October 2018, Pages 1261-1274

13. Sethi Dinabandhu and Debashis Acharya(2019), “ Credibility of inflation targeting: some recent Asian evidence, Economic Change and Restructuring, 2017, Volume 52, Issue 3, 1 August 2019, Pages 203-219

14. Sethi Dinabandhu and Debashis Acharya(2018) , “Estimating Sectoral Disinflation Cost in India: Some Structural VAR Evidence”, Journal of Quantitative Economics, DOI 10.1007/s40953-017-0109-0, 16(1), 23-46.

15. Dinabandhu Sethi , Wing-Keung Wong , and Debashis Acharya(2018), “ Can a Disinflationary Policy Have a Differential Impact on Sectoral Output? A Look at Sacrifice Ratios in OECD and Non-OECD Countries”, Margin—The Journal of Applied Economic Research, 12 : 2 (2018): 1–32, DOI: 10.1177/0973801017753260

16. Acharya, Debashis., and Sahoo, B. K. (2017) Dynamic Macroeconomic Performance of Indian States: Some Post Reform Evidence. In A. Batabyal and Peter Nijkamp (eds.), Regional Growth and Sustainable Development in Asia (Chapter 9, pp. 181-197), New Frontiers in Regional Science: Asian Perspectives 7, Switzerland: Springer. ISBN 978-3-319-27587-1, DOI: 10.1007/978-3-319-27589-5_9

17. Tapas K Parida and Debashis Acharya(2016), “Competition in Indian life insurance industry: post liberalisation evidence”, International Journal of Business Competition and Growth, 5(1-3), pp. 110 –136, http://www.inderscienceonline.com/doi/abs/10.1504/IJBCG.2016.079944

18. Sahoo, P K and Debashis Acharya(2015), “Monetary Aggregates, Output, and Price in India: Do Weighted Monetary Aggregates Outweigh Simple Sum Ones? ”, GITAM Review of International Business, Vol 7, Issues1&2, pp.1-28

19. Jain V, A K Gopalaswamy, and Debashis Acharya(2014), Dynamic linkages between foreign direct investment and domestic investment: evidence from emerging market economies, International Journal of Economics and Business research, Vol 8, No.1, pp.1-20 4.

20. Mahalik M K, Debashis Acharya, and M Suresh Babu(2014), Price discovery and volatility spillovers in futures and spot commodity markets: Some Indian evidence, Journal of Advances in Management Research, Vol 11, No.2, 211-226

21. Ganti Subrahmanyam , Sridhar Telidevara a & Debashis Acharya(2013), “Perverse liquidity effect of monetary policy: some evidence for India”, Macroeconomics and Finance in Emerging Market Economies, DOI:10.1080/17520843.2013.77393

22. Sahoo B K and Debashis Acharya (2012), “Constructing macroeconomic performance index of Indian States using DEA”, Journal of Economic Studies, Vol39, No1, p.63-83.

23. Sahoo B.K. and Debashis Acharya(2010), “An Alternative Approach to Monetary Aggregation in DEA”, European Journal of Operational Research, Elsevier, Vol.24, Issue 3, pp.672- 682, august 2010

24. Panda P K and Debashis Acharya(2011), Stock Market Integration: Evidence from Indian and Other Major World Stock Markets, Indian Journal of Economics and Business, Vol10, No.4, pp.605-621

25. Shijin S, G Arun Kumar and Debashis Acharya(2012), “Dynamic Risk- Return relation with Human capital: A study on Indian markets”, International Journal of Emerging Markets, Emerald, Vol6, Issue2.

26. Joshi Ajit R and Debashis Acharya, “ Inflation Model for India in the context of Indian Economy”, South Asia Economic Journal, Vol12, I, pp.39-59, 2011 (March)

27. Joshi Ajit R and Debashis Acharya, “Commodity prices and domestics inflation in India”, Global Journal of Emerging Market Economies, Vol3, Issue 2, pp.223-244,May 2011.

28. Acharya, Debashis, S. Amanulla and Sara Joy, “Financial Development and Economic Growth in Indian States: An examination”, International Research Journal of Finance and Economics, Euro Journals, UK, , Issue 24, p.117-130, 2009.

29. Gopalaswamy Arun Kumar, Debashis Acharya, and Jaideep Malik, “Stock Price Reaction to Merger Announcements: An Empirical Note on Indian Markets”, Investment Management and Financial Innovations, Business Perspectives, Vol. 5, Issue 1, p.95-103, 2008.

30. Sahoo Biresh K, and Debashis Acharya, “Examining the Total factor productivity change in Radial and Non-radial DEA models: An Application to Indian Commercial Banks”, International Journal of Applied Economics and Econometrics, Vol.15, No.4, pp.383-405, 2007.

31. Acharya, Debashis and Arun Kumar Gopalaswamy, “Evidence from A New Currency Equivalent Monetary Aggregate”, Banks and Bank Systems, Business Perspectives, Volume 2 Issue 4, p.101-106, 2007

32. Dash, Umakant, S.D.Vaishnavi, V.R.Muraleedharan and Debashis Acharya, “Benchmarking the Performance of Public Hospitals in Tamilnadu– An Application of Data Envelopment Analysis”, Journal of Health Management, Vol. 9, No.1, pp.59-74, 2007.

33. Sidana, Gajendra and Debashis Acharya, “Classifying Mutual funds in India: Some Results from Clustering”, Indian Journal of Economics and Business, Vol. 6, No.1, pp.71-79, 2007.

Refereed National Papers

1. Acharya Debashis and Tapas Kumar Parida(2018), “The Demonetaization Led Less Cash Economy: Are the Uptake of Digital Transactions and the Growing Fintech Sustainable? Portfolio Organizer, IUP Publications, October 2018, p.32-36.

2. Acharya Debashis and Tapas Kumar Parida(2018), “Role of Technology and Regulation in Inclusive Insurance for the Poor”, Rural Banker, SBIRB, Jan-March, p. 10-14.

3. Subba Rao V V and Debashis Acharya(2018), “Financial Innovation and Stability of Money Demand Function in India: Do Equity Derivatives Matter?”, IUP Journal of Applied Economics, 17(4), p.27-40.

4. Parida T K and Debashis Acharya (2016), “New Regulations in Indian Life Insurance Industry: Challenges and Responses”, The Journal of Insurance Institute of India, Vol3, No.4, pp.78-82.

5. Subrahmanyam G, S Telidevara, and Debashis Acharya(2016), GDP Structure Effects on Macro-Money Demand: Herfindahl Index Evidence for India, IUP Journal of Applied Economics, 15(3), pp.31-36.

6. Parida T K and Debashis Acharya(2014), “Demand for Life Insurance in India: Some Empirical Observations”, The Journal of Insurance Institute of India, Vol2, No.2, 1291134. 3.

7. Pradeep K Panda and Debashis Acharya,(2012), Prediciting Returns on Mutual Fund: Some Indian Evidence, Artha Vijnana, Vol.LIV.No4, p.434-448.

8. Joshi Ajit R and Debashis Acharya(2010), “Inflation and Trade Openness: Empirical Investigation for India”, IUP Journal of Monetary Economics, Vol.8, pp.113-127, 2010(February)

9. Amanulla. S and Debashis Acharya, “Public Expenditure and Income in Uttar Pradesh:  Evidence  from  Wagner’s  Law”,  Lucknow  Management  Association  Convention Journal, Vol.3, No.1,p.9-16, 2007

10. Acharya, Debashis and S. Amanulla, “Indian Trade with IOR-ARC: An Empirical Note”, GITAM Review of International Business, 1, 2008.

11. Acharya, Debashis and Arun Kumar Gopalaswamy, “Stock Prices and Money Velocity in India: A Note, Panjab University Research Journal (Arts), Vol. 34 No.(1&2), pp.63-70, 2007.

12. Acharya, Debashis, “New Monetary and Liquidity Aggregates for India: Some Empirical Observations”, Udyog Pragati , Special Issue on Money and Finance, Part-II, Vol. 26, No.2, pp.32-37, 2002.

13. Acharya, Debashis and B. Kamaiah, “Simple sum versus Divisia Monetary Aggregates: An Empirical Evaluation”, Economic and Political Weekly, Vol.36, No.4, pp.317-326, 2001

14. Acharya, Debashis and B. Kamaiah, “Monetary Asset Separability: Some Non- parametric Evidence”, The Indian Economic Journal, Vol.47, No.1, pp.56-67, 1999.

15. Acharya, Debashis and B. Kamaiah, “Currency Equivalent Monetary Aggregates: Do They Have An Edge Over Their Simple Sum Counter Parts?, Economic and Political Weekly, Vol.33, No.13, pp.717-19, 1998

16. Acharya, Debashis and B. Kamaiah, “Monetary Aggregation: A Survey of major Issues and Evidences”, Artha Vijnana, Vol.30, No.4, pp.396-430, 1998

Papers in Edited Book (National)

1. Jena P K, P Goyari, and Debashis Acharya(2014) , “Dynamic Relationship between Stock Markets, Crude Oil and Gold Futures Markets: An Empirical analysis of India”, Risk Management  in  Banking,  Insurance,  and  Financial  Services,  Publisher:  Academic  Foundation,  Editors: Mishra R K et.al. Academic Foundation.

2. Acharya, Debashis and B. Kamaiah, “A Search for some separable Monetary Asset Blocks: The Indian Case”, in Anant Vasudevan, D.M. Nanchane and A.V. Karnik(Ed.), Fifty Years of Development Economics: Essays in Honour of Professor P R Brahmananda, Himalayan Publishing House, pp.281-289, 1999

3. Padhi, S.P. and Debashis Acharya, “Financial Development and Economic Growth: An Empirical Note”, in P.P. Arya and B.B. Tondon( Ed.) Economic Reforms in India from First to Second Generation and Beyond, Deep and Deep, New Delhi, pp.274-286, 2003.

Conference Proceedings

1. Acharya, Debashis and S. Amanulla, “Money and Stock Prices in the Deregulated Indian Environment” in Niranjan Swain, V B Marisetty and C S Mishra(Ed.) Proceedings of the International Conference 2003 on Business and Finance , ICFAI University Press, Hyderabad, Vol.2, pp. 24-30, 2004.

2. Gopalaswamy, Arun Kumar and Debashis Acharya, “Impact of ADR listing on Asset Prices in Indian Market and Market Volatility”, in Niranjan Swain, LVLN Sarma and Golaka C Nath(Ed.) Proceedings of the International Conference 2003 on Business and Finance, ICFAI University Press, Hyderabad., Vol.1, pp. 377-395, 2004.

Research Project Reports

1. Acharya Debashis and Tapas K Parida(2017), “Assessing the Need and Feasibility for Using Pre-Paid Card Technology in Delivering Added Services to Micro Finance Customers in selected Regions of Uttar Pradesh, IMTFI, University of California, Irvine, https://www.imtfi.uci.edu/files/docs/2017/Acharya_Parida_Final_Report.pdf

2. Acharya Debashis and Tapas K Parida(2013), “Financial Inclusion: Why Not Happened”, Macro Research Award-2012-13, Indian Institute of Banking and Finance, Mumbai.

3. Acharya Debashis and Tapas K Parida(2013), “Financial Inclusion: Why Not Happened”, Macro Research Award-2012-13, Indian Institute of Banking and Finance, Mumbai.

4. Deepti K C , Amita, Debashis Acharya, Indrani R.C., Lakshmi K., Susmita M. and Veerashekarappa (2012): ‘Effect of Reserve Bank of India (RBI) Regulations on Public Sector Lending for Micro Finance Institutions (MFIs)’, Centre for Microfinance, IFMR.

3. Acharya Debashis et.al. (2011), “Do the Poor Benefit from Public Spending on Healthcare in India? Results from Benefit (Utilisation) Incidence Analysis in Tamil Nadu and Orissa”, CREHS project report, Consortium for Research on Equitable Health Systems, London School of Hygiene and Tropical Medicine, UK.

4. U. Dash, V. R. Muraleedharan, B. M. Prasad, D. Acharya, S. Dash, S. Lakshminarasimhan, “Access to health services in under privileged areas: A case study of Mobile Health Units in Tamil Nadu and Orissa”, Consortium for Research on Equitable Health Systems, London School of Hygiene and Tropical Medicine, October 2008. http://www.crehs.lshtm.ac.uk/publications.html

Monographs/Blogs Based On Research Projects

1. Acharya Debashis and Tapas Kumar Parida(2017)Micro Insurance Claim Payments through Pre-paid Cards: Technology and Regulation Driven Financial Inclusion in India, http://blog.imtfi.uci.edu/2017/04/micro-insurance-claim-payments-through.html

2. Acharya Debashis(2017), “Special PERSPECTIVES Series on Demonetization in India: The Recent Indian Demonetisation and Cash Exclusion”, http://blog.imtfi.uci.edu/2017/01/special-perspectives-series-on_26.html

3. Acharya Debashis, V V Subbarao, and T K venkatachalapathy(2017), Special PERSPECTIVES Series on Demonetization in India: The Recent Indian Demonetization and Cash Exclusion (Part 2), http://blog.imtfi.uci.edu/2017/02/special-perspectives-series- on_13.html

4. Dash U, Muraleedharan VR, Prasad BM, Acharya D, Dash S, and Lakshminarasimhan S., “Increasing access to health services using mobile health units: implementation experiences in Tamil Nadu and Orissa States, India, Consortium for Research on Equitable Health Systems, London School of Hygiene and Tropical Medicine, July 2009. http://www.crehs.lshtm.ac.uk/publications.html

Book Reviews in International Journals

1. Time Series Models for Business and Economic Forecasting by Philips Hans Franses, Kyklos, Vol.53, No.3, pp.395-397, 2000.

2. Forecasting Economic Time Series by Michael P. Clements and David F. Hendry, Kyklos, Vol. 53, No. 2, pp.210-212, 2000.

3. Monetary Theory and Monetary Policy, edited by Thomas Lys, Kyklos, Vol.52, No.3, pp.467- 469, 1999.

4. Financial Innovation, Banking and Monetary Aggregates, edited by Andrew Mullineux,

Kyklos, Vol.50, No.3, pp.435-438, 1997.

5. Money and Natural Rate of Unemployment by Finn Ostrup, Kyklos, 2002, Vol55, No.3, p.441.

6. Monetary theory and Monetary Policy, Thomas Lys(Ed.), Kyklos, 1999, Vol.52, p.467.