Is core inflation useful in predicting headline inflation? Evidence from a large, emerging economy (with Yogeshwar Bharat and Gautham Udupa), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2025-021, August 2025.
The journey of inflation targeting in India (with Radhika Pandey and Ila Patnaik), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2024-022, October 2024.
Bank Capital and Monetary Policy Transmission: Analyzing the Central Bank’s Dilemma in the Indian Context (with Harsh Vardhan and Akhilesh Verma), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2024-019, September 2024.
Assessing Central Bank Commitment to Inflation Targeting: Evidence From Financial Market Expectations in India [SSRN link] (with Vaishali Garga and Aeimit Lakdawala), Federal Reserve Bank of Boston, Research Department Working papers, 2022, 22-19.
Analysing monetary policy statements of the Reserve Bank of India (with Aakriti Mathur), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-012, May 2019.
Blogpost in VoxEU
Monetary Transmission in Developing Countries: Evidence from India (with Peter Montiel and Prachi Mishra), IMF Working Paper, International Monetary Fund, August 2016.
Capital account openness in India and a comparison with China: Then versus now (with Nidhi Aggarwal and Sanchit Arora), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2022-005, May 2022.
Capital account liberalisation in a large emerging economy: An analysis of onshore-offshore arbitrage (with Nidhi Aggarwal and Sanchit Arora), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2021-013, April 2021.
Blogpost in Ideas for India
Evolution of capital controls on foreign institutional investment in India (with Radhika Pandey, Aatmin Shah and Bhargavi Zaveri), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-034, November 2019.
Is there a case for exchange rate co-ordination in South Asia (with Abhijit Sen Gupta), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2016-001, January 2016.
U.S. Investment in Global Bonds: As the Fed Pushes, Some EMEs Pull (with John Burger, Frank Warnock, and Veronica Warnock), NBER Working Paper No. 20571, October 2014.
Firm dollar debt and central bank dollar reserves: Empirical evidence from Latin America, Indira Gandhi Institute of Development Research, Mumbai, Working Papers 2014-013, April 2014.
Management of Capital Flows in India-1990 to 2011 (with Abhijit Sen Gupta), ADB South Asia Working Paper Series, No. 17, March 2013.
A Study of the Non-Banking Finance Companies in India (with Lei Lei Song and Harsh Vardhan), ADB South Asia Working Paper Series, No. 83, October 2021.
Are more productive banks always better? (with Harsh Vardhan), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-027, August 2020.
Business cycle effect on leverage: A study of Indian non-financial firms (with Arpita Pattanaik), Indira Gandhi Institute of Development Research, Mumbai Working Papers 2018-001, January 2018.