Research

Publications

The Extensive Margin, Sectoral Shares and International Business Cycles
spa (with Mick Devereux) August 2011
spa Canadian Journal of Economics, forthcoming

Castes and Labor Mobility
spa (with Amartya Lahiri and Sourabh B. Paul )
spa American Economic Journal: Applied Economics, forthcoming
spa Appendix spa and spa Extended version
spaIn media: NY times WSJ

Comparison of Misspecified Calibrated Models: The Minimum Distance Approach
spa (with Vadim Marmer and Yao Tang)
spa Journal of Econometrics, forthcoming
spa Supplement

Home Bias and High Turnover: Dynamic Portfolio Choice with Incomplete Markets
spa Journal of International Economics 80 (1), 2010.
ace Technical Appendix

Financial Integration, Macroeconomic Volatility and Welfare
spa (with M. Evans),
spa Journal of the European Economic Association 5 (2-3), 2007.

International Financial Integration and the Real Economy
spa (with M. Evans)
spa IMF Staff Paper 54 (2), 2007.

Book chapters

The Post-Reform Narrowing of Inequality Across Castes: Evidence from the States
spa (with A. Lahiri)
spa in Reforms and Economic Transformation in India, ed. by Jagdish N. Bhagwati and Arvind Panagariya
spa (Oxford: Oxford University Press, forthcoming).

Volatility and Growth
spa (with N. Loayza)
spa in Managing Economic Volatility and Crises: A Practitioner's Guide, ed. by Joshua Aizenman and Brian Pinto
spa (Cambridge: Cambridge University Press, October 2005).

Working papers

Limited Participation in International Business Cycle Models: A Formal Evaluation
spa (with X. Gao and V. Marmer) January 2012
spa Matlab codes

The Macroeconomics of Firms' Savings
spa (with Roc Armenter) November 2011
spa Online Appendix

Consumption Risk Sharing and the Real Exchange Rate: Why Does the Nominal Exchange Rate Make Such a Difference?
spa (with Mick Devereux) August 2011

Breaking the Caste Barrier: Intergenerational Mobility in India - Revise and Resubmit
spa (with Amartya Lahiri and Sourabh B. Paul ) May 2011

The Exchange Rate Response Puzzle
spa (with Amartya Lahiri and Carlos Vegh) January 2012

Interest Rates and the Exchange Rate: A Non-Monotonic Tale
spa (with Amartya Lahiri and Carlos Vegh) July 2011

International and Intra-national Real Exchange Rates: Theory and Evidence
spa (with Mick Devereux) new version coming soon

A Method for Solving General Equilibrium Models with Incomplete Markets and Many Financial Assets - Revise and Resubmit
spa (with Martin Evans) September 2008

International Capital Flows, Returns and World Financial Integration - Revise and Resubmit
spa (with Martin Evans ) July 2011

Work in progress

Convergence Across Castes
spa (with Amartya Lahiri)