Education:
PhD (Economics), Cardiff Business School, Cardiff University, UK, 2002.
Office Telephone:
+91-22-28416555
Research Interests:
Monetary Theory and Policy.
Selected Publications:
“Can the facts of UK inflation persistence be explained by nominal rigidity?” (with David Meenagh, Patrick Minford, Eric Nowell and Prakriti Sofat), Forthcoming Economic Modelling, 2009.
“Preference asymmetry and international reserve accretion in India” (with Vidya Mahambare and M. Ramachandran), Forthcoming Applied Economics Letters, 2009.
“Monetary Policy and the Behaviour of Inflation in India: Is there a need for Institutional Reform?” (with Sumit Jain and M. Ramachandran), Journal of Asian Economics, Vol. 20(1), January 2009, pp. 13-24.
“Dynamics of inflation in India: Does the new inflation bias hypothesis provide an explanation?” (with Vidya Mahambare and M. Ramachandran), Macroeconomics and Finance in Emerging Market Economies, Vol. 1(2), September 2008, pp. 199 212.
“Are Central Bank preferences asymmetric? A Comment (with Patrick Minford), Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 37(1), February 2008, pp. 119-126.
“From the Great Inflation to the Great Moderation: A Literature Survey”, Journal of Quantitative Economics, New Series Vol. 6 (1&2), January & July 2008, pp. 40-56.
“Asymmetric exchange rate intervention and international reserve accumulation in India” (with M. Ramachandran), Economics Letters, 94 (2), February 2007, pp 259-65.
“Opportunistic Monetary Policy: An Alternative Rationalization” (with Patrick Minford), Journal of Economics and Business,vol. 58, issue 5-6, October-November 2006, 366-372.
“UK Monetary Policy under Inflation Forecast Targeting: Is Behaviour Consistent with Symmetric Preferences?” (with Vidya Mahambare and M. Ramachandran), Oxford Economic Papers,58 (4), October 2006, 706-21.
“Are interest rate regressions evidence for a Taylor Rule?” (with Patrick Minford and Francesco Perugini). Economics Letters, 76 (1), June 2002, pp 145-150.
Working Papers:
·“Determinacy in New Keynesian models: a role for money after all?” (with Patrick Minford), June 2009.
·“Testing the Opportunistic Approach to Monetary Policy: A Flexible Least Squares Approach” (with Sudhanshu Kumar and M. Ramachandran), October 2008.
·“Dynamics of Inflation in India: A Time-Varying Parameter Approach” (with Sudhanshu Kumar and M. Ramachandran), June 2008.
·“Is the Hybrid New Keynesian Phillips curve immune to the Lucas Critique?”, October 2007.
