Articles
Relative Price Convergence Among US Cities: Does the Numeraire City Matter? (with Viera Chmelarova), Journal of Macroeconomics (2010)
Using annual consumer price index (CPI) data for 17 U.S. cities between 1918 and 2007,...
Remittances and Relative Prices (with Carlos Vargas-Silva), Review of Development Economics (2010)
Using Mexican data, this article analyzes the impact of the workers’ remittances on the cross-section...
Do regions matter for the behavior of city relative prices in the U. S.? (with Viera Chmelarova), The Empirical Economics Letters (2009)
This paper examines the importance of regions in the relative price behavior across the U.S....
Country Risk Analysis: A Survey of the Quantitative Methods, Economia Internazionale/International Economics (2009)
With globalization and financial integration, there has been rapid growth of international lending and foreign...
International Productivity Differences and Roles of Domestic Investment, FDI and Trade (with Halis M. Yildiz and Gouranga G. Das), International Economic Journal (2009)
This paper calculates Theil’s entropy index to measure the extent of productivity di¤erences across 92...
Trade, Foreign Direct Investment and Growth: Evidence from Transition Economies, Comparative Economic Studies (2009)
Using a fixed effects panel data approach, this paper empirically examines the effects of trade...
Unbiased Estimation of the Half-Life to Price Index Convergence among US Cities (with Jayanta Sarkar), Journal of Money, Credit and Banking (2009)
Estimates of the half-life to convergence of prices across a panel of cities are subject...
Information Services in the US Economy: Value, Jobs, and Management Implications (with Uday M. Apte and Uday S. Karmakar), California Management Review (2008)
It is well known that almost all of the largest economies in the world are...
Inflation and Relative Price Variability in Mexico: The Role of Remittances (with Juventino Ulyses Balderas), Applied Economics Letters (2008)
This paper derives generalized impulse responses from the estimation of a vector autoregression (VAR) model...
Trade, Growth and Wage Inequality in Bangladesh (with Khawaja A. Mamun), Journal of International Trade and Economic Development (2007)
Using model selection techniques based on out-of-sample predictive ability criterion in a Vector Autoregression (VAR)...
Diminishing Marginal Impatience: Its Promises for Asset Pricing (with Jayanta Sarkar), Applied Financial Economics Letters (2006)
This study argues that diminishing marginal impatience (DMI) as an intuitively plausible behavioural assumption of...
Export-led Growth in Bangladesh: A Time Series Analysis (with Khawaja A. Mamun), Applied Economics Letters (2005)
This article examines time series evidence to investigate the link between exports and economic growth...
Small Menu Costs and Large Business Cycles: An Extension of the Mankiw Model (with Robert Stretcher), Journal of Economics and Economic Education Research (2005)
Using a multi-period general equilibrium model, this paper extends the results of Mankiw (1991) by...
Assessing Cross-Industry Effects of B2B e-Commerce (with Uday M. Apte), Journal of Strategic E-Commerce (2004)
The productivity gain that an industry experiences by engaging in B2B ecommerce gets transmitted to...
Inflation and Relative Price Variability: Short-Run vs. Long-Run, Economics Letters (2004)
This paper uses recent developments in measuring correlation to examine the relationship between inflation and...
Relative Importance of Sectoral and Aggregate Sources of Price Changes, Applied Economics (2004)
This paper estimates a dynamic common factor model to assess relative importance of the aggregate...
Relative Price Changes as Supply Shocks: Evidence from U.S. Cities, Quarterly Journal of Business and Economics (2002)
This paper estimates a fixed effects regression model using panel data on prices for U.S....
Service Industries in Today's Information Economy (with Uday M. Apte), Proceedings of Service Operations Management Conference (1999)
This paper measures the size and structure of the U.S. information economy in 1992 and...
Contributions to Books
The Size, Structure and Growth of the U.S. Information Economy (with Uday M. Apte), Managing in the Information Economy: Current Research Issues (2007)
This paper presents the results of our empirical research in measuring the size and structure...
The Rise of an Enclave Economy, India's Northeast: Development Issues in a Historical Perspective (2005)
Development theories of dual economy emphasize interactions between the modern sector and the traditional sector...