Research

Research Interests: Macroeconomics, International Finance, Political Economy, Misallocation and Productivity

Academic Publications

1.  Political Constraints and Sovereign Default (with M. Azzimonti), 2023,  forthcoming  in Journal of International Money and Finance, ISSN 0261-5606,  DOI 

•  NBER Working Paper Number: w29667

•  Previous version: Political Constraints and Sovereign Default Premia  

Working papers

1. Banking Reforms, Access to Credit and Misallocation (with P. Chakraborty) 

•  Presented at: Stony Brook U. (2020)

Work in progress

1. A Unifying Theory of Fiscal Policy Cyclicality and Sovereign Default (with M. Azzimonti) 

• Presented at: SED Annual Meetings, Cartagena (2023), Midwest Macro Meetings, Clemson University (2023), IMF (2023) (M. Azzimonti), Institute of Economic Growth (2023), IIM Bangalore (2023)

2. The Political Economy of Fiscal Dominance (with A. Chatterjee)

3. Political Economy of Fiscal Rules (with A. Sagwal)

4. Climate Policy Inequality and Innovation

5. The Predictive Power of Capacity to Repay (CtR) Indicators in IMF Programs (with Rina Bhattacharya and Edda Zoli)  Slides (inactive)