Articles
Cost of Holding Excess Reserves: The Indian Experience, ICRIER Working Paper No. 206 (2008)
Most of the existing literature has used single reserve adequacy measures to evaluate the volume...
Feasibility of an Asian Currency Unit, ICRIER Working Paper No. 208 (2008)
In this paper we evaluate the feasibility of a common Asian Currency Unit (ACU) involving...
Towards a Competitive Manufacturing Sector, ICRIER Working Paper No. 203 (2008)
The Indian manufacturing sector has grown at an impressive average rate of 9.5 per cent...
Determinants of Tax Revenue Efforts in Developing Countries, IMF Working Paper No. 184 (2007)
This paper contributes to the existing empirical literature on the principal determinants of tax revenue...
Monetary Policy Design under Competing Models of Inflation Persistence (with Solange Gouvea), Banco Central Do Brasil Working Paper No. 137 (2007)
Most of the recent research in monetary policy has focused on the use of a...
Does Capital Account Convertibility Lower Inflation?, ICRIER Working Paper No. 191 (2007)
This paper investigates the relationship between capital account openness and inflation since the 1980s. It...