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Publications (3)
Working Paper
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This paper explores the relationship between household exposure to riots and social capital in urban India using a panel dataset collected by the authors in the state of Maharashtra. The analysis applies a random-effect model with lagged covariates to estimate the exogenous effect of riots on social...
Working Paper
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– An Empirical Assessment of the Indian Economy
This study is an attempt towards an integration of financial development and its effect on the real sector via the transmission mechanism with special reference to developing and emerging market economies. It finds two cointegrating relations between the financial development, output growth and...
Working Paper
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– A Firm-Level Panel Study for India
Traditionally, firms in India have shown a low preference towards debt financing, despite its advantages. Using panel data from 450 firms during 1992-93 and 2003-04, we attempt to identify factors which could explain the pattern of financing of manufacturing firms in India and the key determinants...
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