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Faculty & Research

Faculty & Research

Economics

About Economics Area

The Economics Area of IIMA is a vibrant centre of research and teaching on diverse topics spanning the worlds of theory and practice using cutting-edge research methods. It has had a distinguished history with a former faculty member (C Rangarajan) serving as the Governor of the Reserve Bank of India and faculty being involved in monetary policy and advisory committees. Several former PGP/MBA students from IIMA have gone on to make important contributions in the world of Economics, such as Sanjeev Goyal, Raghuram Rajan, and Arvind Subramanian. In recent years, the Area has grown in strength to study and teach more fields outside its traditional focus on macroeconomics, including subjects rarely covered in India such as behavioural economics, economics of networks and economic history.

The faculty of the Economics Area do consulting projects for various stakeholders, serve on government committees in various capacities, do theoretical and empirical research and above all, are passionate about teaching.

List of Courses

The Economics Area Faculty offer the following courses in various programme.

Ph.D.
MBA
PGPX
ePGP
ePGD-ABA

Ph.D. Compulsory Courses

  1. Mathematics for Economists

  2. Microeconomics – I

  3. Microeconomics – II

  4. Macroeconomics – I

  5. Macroeconomics – II

  6. Econometrics-I

 

Ph.D. Elective Courses

  1. Organizational Economics (OE)

  2. Time Series Analysis (TSA)

  3. Data Envelopment Analysis (DEA)

  4. Econometrics II

  5. Industrial Organisation Theory (IOT)

  6. Applied Financial Economics (AFE)

  7. Foundations of New Institutional Economics (FNIE) (with CMA)

  8. Decentralization and Public Policy (DPP)

  9. Economics Of Strategy (EOS)

  10. Global Business And Economic History (GBEH)

  11. Applied Game Theory (AGT)

  12. Computational Economics (CMM)

  13. Economics of Development (ED)

MBA Compulsory Courses

  1. Microeconomics (ME)

  2. Macroeconomics (MEP)

MBA Electives

  1. Economics of Organization (EOO)

  2. Monetary Theory and Policy (MTP)

  3. Behavioral and Experimental Economics (BEE)

  4. Global Finance and Trade (GFT)

  5. Managerial Econometrics (MEM)

  6. Hitchhiker’s Guide to Business and Economies Across Five Centuries (HITCH)

  7. Game Theory and Applications (GTA)

  8. Gender and Work (GAW)

  9. Economic Environment and Policy in India (EEPI)

  10. Indian Economy and Society Today (IEST)

  11. Inequality and Economic Policies (IEP)

  12. Emerging Market Monetary Theory and Finance (EMMPF)

  13. Urban Economy and Business Environment (Urban) (UEBE)

  14. Economic Ideas from Ancient India (EIAI)

  15. Health Economics (HE)

  16. Economics of Food Quality (EFQ)

  17. Auctions and Market Design (AMD)

  18. Economic Development Policy and Growth (EDPG)

  19. World Economy: Business, Government and Policy (WEBGP)

PGPX Compulsory Courses

  1. Firms and Markets (FAM)

  2. Open Economy Macroeconomics (OEM)

 

PGPX Electives

  1. Indian Economy in Comparative Perspective (IECP)

  2. Infrastructure Development and Public Private Partnership (Joint with PSG) (IDPPP)

  3. Game Theory and Experiments (GTE)

  4. Global Finance and Trade (GFT)

  5. Hitchhiker’s Guide to Business and Economies Across Five Centuries (HITCH)

  6. Health Economics (HE)

  7. Business, Government and Macro Policy (BGMP)

  1. Business, Government and Macro Policy (BGMP)
  2. Indian Economy and Society (IES)

  1. Network Analysis (NA)

  2. Time Series Analysis (TSA)

  3. Panel Data Analysis (PDA)

Message from the Area Chairperson

Our Faculty

View all
Anindya Chakrabarti

Anindya Chakrabarti

Associate Professor
Economics
Satish Deodhar

Satish Deodhar

Professor
Economics
Viswanath Pingali

Viswanath Pingali

Professor
Economics
Mohsen Mohaghegh

Mohsen Mohaghegh

Assistant Professor
Economics
View all

Doctoral Students

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Ph.D. at IIMA

The Ph.D. Programme in Management seeks candidates with outstanding academic credentials, intellectual curiosity and discipline needed to make scholarly contribution to society. It provides a diverse set of opportunities for interdisciplinary learning and research The student becomes part of one of the eleven functional/sectoral areas and acquires the super specialized theoretical knowledge and practical aspects of the area.

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Research

IIM-A Economics Area faculty conduct research in the following broad areas:

  • Agricultural economics

  • Applied game theory

  • Applied macroeconomics

  • Applied microeconomics

  • Balance of payments

  • Banking

  • Behavioural economics

  • Business & economic history

  • Capital markets

  • Competition

  • Determinants of enterprise level capabilities

  • Development economics

  • Experimental economics

  • Export behavior and performance of firms

  • Financial economics

  • Firm level responses to policy initiatives

  • Fiscal policy at national and state levels

  • Foreign direct investment

  • Foreign exchange management

  • Game theory

  • Gender discrimination

  • Gender economics

  • Health economics

  • Industrial organization

  • Infrastructure

  • Intellectual property rights

  • International finance

  • International macroeconomics

  • International trade

  • Labour economics

  • Mathematical economics

  • Mechanism design

  • Micro, small, and medium enterprises

  • Migration

  • Monetary policy in India

  • Network theory

  • Pharmaceuticals - business strategy and policy

  • Privatization

  • Public finance/Public economics

  • Public policy

  • Regional disparities in growth patterns

  • Regional science

  • Regulation

  • Research & development

  • Sources of economic growth in India

  • State owned enterprises

  • Taxation and deficit financing

  • Technology

  • Urban economics

Seminars (2014 onwards)

Speaker Topic Date

Girija Borker
World Bank

 Sexual harassment in public spaces and police patrolling: Experimental evidence from Urban India March 23, 2023
Sandip Sukhtankar
University of Virginia		 Cash transfers for child development: Experimental evidence from India February 15, 2023

Chinmaya Kumar
University of Chicago

 Complaint Resolution Systems: Experimental Evidence from Rural India February 14, 2023

Rupika Khanna
Indian Institute of Management
Rohtak

 Testing the effect of investments in IT and R&D on labour productivity: New method and evidence for Indian firms February 09, 2023
Abhijeet Singh
Stockholm School of Economics		 Learning loss and recovery: Panel data evidence from India October 17, 2022
Akhil Ilango
Universität Pompeu Fabra		 Sponsored Search: Theory and Evidence on How Platforms Exacerbate Product Market Concentration September 23, 2022
Anuvinda P.
Jawaharlal Nehru University		 The effect of own and recipient economic status on the dictator game giving of adolescents: Experimental evidence from India August 29, 2022
Anujit Chakraborty
University of California		 Future Self-proof Elicitation Mechanisms August 25, 2022
Aditya Kuvalekar
University of Essex		 The Wrong kind of Information July 04, 2022
Shan Aman-Rana
University of Virginia		 Verify Now, Save Later? Advance Screening to Mitigate Fraud
April 20, 2022
Rohan Ravindra Gudibande
Krea University		 Reality, Rhetoric and Reporting of the Relationship between Immigration and Crime: Evidence from Geneva, Switzerland March 30, 2022
Ajinkya Keskar
Rice University		 Matching on Height in India February 21, 2022
Nafisa Lohawala
University of Michigan		 Roadblock or Accelerator? The Effect of Electric Vehicle Subsidy Elimination February 10, 2022
Anjali Priya Verma
University of Texas		 Disruptive Interaction: Long-run Peer Effects of Disciplinary Schools February 04, 2022
Arkdev Ghosh
University of British Columbia		 Religious Divisions and Production Technology: Experimental Evidence from India January 21, 2022
Vatsala Shreeti
Toulouse School of Economics		 Explaining Smartphone Adoption in India December 29, 2021
Guo Xu
Haas School of Business, University of California, Berkeley		 The Costs of Employment Segregation: Evidence from the Federal Government under Wilson October 20, 2021
Ritesh Jain
Institute of Economics, Academia Sinica		 Rationalizable Implementation: An Iterative Characterization May 17, 2021
Anindya S. Chakrabarti
Indian Institute of Management, Ahmedabad		 Financial comovement networks: Instability, centrality and ripples February 11, 2021
Sampreet Singh Goraya
Universitat Pompeu Fabra, Spain		 The Rise of Intangible Capital and the Macroeconomic Implications January 18, 2021
Arpita Patnaik
University of Wisconsin–Madison		 Pricing, Income and College Major Choice January 12, 2021
Tanmoy Majilla
Indian Institute of Management Ahmedabad		 Who benefits from private schools in India December 28, 2020
Kaushalendra Kishore
CAFRAL		 Credit Insurance, Bailout and Systemic Risk November 17, 2020
Tarun Jain
Indian Institute of Management, Ahmedabad		 Women's Labor Force Participation and Household Technology Adoption July 3, 2020
Prakash Loungani,
IMF
Sriram Balasubramanian,
IMF
Rishabh Kumar
University of Massachusetts Boston		 Inequality dynamics amidst rapid growth: A post liberalization Indian perspective' June 18, 2020
Birendra Rai
Monash University		 Becker, Stigler, and Me Too: The Role of Mutual Consent January 31, 2020
Sujata Visaria
Hong Kong University of Science and Technology		 The Borrowing Puzzle: Why Do Filipino Domestic Workers in Hong Kong Borrow rather than Dissave? January 27, 2020
Abhishek Chakravarty
University of Manchester		 Informed Citizens and Political Entry: Evidence from a Large Education Programme in India January 13, 2020
Nishith Prakash
University of Connecticut		 Wheels of Change: Transforming Women's Lives with Education and Empowerment January 6, 2020
Anujit Chakraborty
U C Davis		 Present Bias December 17, 2019
Sanjit Dhami
University of Leicester		 Psychological and Social Motivations in Microfinance Contracts: Theory and Evidence December 13, 2019
Sudipta Sarangi
Virginia Tech		 Are More Choices Better and Other Tales about Decision-making December 12, 2019
Santosh Kumar
Sam Houston State University		 Birth Weight and Cognitive Development during Childhood: Evidence from India December 2, 2019
Sofia Amaral
The ifo Institute at the Ludwig-Maximilian University of Munich		 Gender, Crime and Punishment: Evidence from Women Police Stations in India November 20, 2019
Bhaven Sampat
Columbia University		 TRIPS, Patents, and Drug Prices in India November 14, 2019
Martin Kanz
World Bank		 Moral Incentives in Credit Card Debt Repayment: Evidence from a Field Experiment September 12, 2019
Indrajit Thakurata
Indian Institute of Management Indore		 The effect of financial market participation on consumption & human capital: a life-cycle optimization model August 28, 2019
Maitreesh Ghatak
London School of Economics		 Why Do People Stay Poor? Testing for Poverty Traps using Experimental Evidence from a Randomized Capital Transfer Programme in Bangladesh? August 22, 2019
Arijit Mukherjee
Michigan State University		 Rulebooks in Relational Contracts July 07, 2019
Sam Asher
World Bank		 Intergenerational Mobility in India: New Estimates from Administrative Data March 5, 2019
Chetan Ghate
Indian Statistical Institute, Delhi		 A Monetary Business Cycle Model for India February 28, 2019
Sugata Marjit
Centre for Studies in Social Sciences, Calcutta		 Wealth Distribution, Pattern of Trade and Capital Flows- Role of Credit Market Imperfection January 21, 2019
Stephen Devadoss
Texas Tech University		 Major Determinants of World Agricultural Trade December 27, 2018
Deepal Basak
Indian School of Business		 Diffusing Coordination Risk November 2, 2018
Massimo Warglien
Università Ca' Foscari, Venezia, Italy		 Hierarchical decision-making produces persistent differences in learning performance November 2, 2018
T. Krishna Kumar
Rockville Analytics, US		 Poverty Index with Time-Varying Consumption and Income Distributions November 1, 2018
Shekhar Tomar
RBI		 Do Price Deficiency Payments scheme work? Evidence from the Indian agricultural market September 24, 2018
Tarun Jain
Indian School of Business		 Social Connections And Public Healthcare Utilization September 3, 2018
Saurav Bhattacharya
Royal Holloway University of London, UK		 Condorcet Jury Theorem in a Spatial Model of Elections August 20, 2018
Madhu Kalimipalli
Wilfrid Laurier University, Canada		 Evaluating the Impact of Post-Crisis Growth in Emerging Market Corporate Debt August 17, 2018
Anujit Chakraborty
University of California, Davis, US		 Cooperation in Finitely Repeated Prisoner's Dilemma Games July 20,2018
Venkat Venkatasubramanian
Columbia University, US		 How Much Income Inequality is Fair? Surprising insights from Statistical Mechanics and Game Theory July 11, 2018
P V. Viswanath
Pace University, US		 Asset markets, the Agency problem and Gifts to the Early Medieval Buddhist Sangha in India June 21, 2018
Samarth Gupta
NCAER, Delhi		 What Do Good Managers Do? Evidence from an Insurance Firm in India June 14, 2018
Punarjit Roychowdhury
Shiv Nadar University		 Partial Identification Of Economic Mobility: With An Application To The United States April 17, 2018
Chirantan Chatterjee
Indian School of Business		 When The Big One Came: A Natural Experiment On Demand Shocks And Market Structure In India's Influenza Vaccine Markets April 10, 2018
Rajiv Banker
Fox School of Business and Management, Temple University, US		 Cost Management Research February 14, 2018
Ritesh Jain
Ohio State University, US		 Rationalizable Implementation of Social Choice Correspondences January 31, 2018
Kiriti Kanjilal
Washington State University, US		 Common Pool Resources with Endogenous Equity Shares January 15, 2018
Anil Kumar Bera
University of Illinois, US		 Spatial Analysis: A Helicopter Tour January 12, 2018
Subhash C. Ray
University of Connecticut, US		 Economic Measures of Capacity Utilisation: A nonparametric cost function Analysis January 4, 2018
Markus Brueckner
Australian National University, Australia		 Inequality and Economic Growth: The Role of Initial Income December 15, 2017
Reetika Khera
IIT Delhi		 Intergenerational effects of women's status: Evidence from joint Indian households November 29, 2017
Atanu Sinha
Adobe Bangalore		 Online Infomediary for One-of-a-Kind Services November 10, 2017
S. P. Kothari
Sloan School of Management, MIT		 High Non-GAAP Earnings Predict Abnormally High CEO Pay November 9, 2017
Arun Kumar
Institute of Social Sciences, New Delhi.		 Demonetization 2016 and Black Economy November 7, 2017
Kaushal Kishore
IIM Rohtak		 Dynamic Tax Competition, Home Bias and the gain from Non-preferential Taxation Regimes: A case for unilateral commitment October 27 2017
Apoorva Javadekar
CAFRAL, RBI		 Mutual Fund Flows and Fund's Strategic Behavior When Investors Are Inattentive September 4, 2017
Sitabhra Sinha
Institute of Mathematical Sciences, Chennai		 Can we infer the "laws" of finance from big data? August 24, 2017
Bhaskar Dutta
Warwick and Ashoka University		 The formation of partnerships in social networks August 17, 2017
Kanika Mahajan
Ashoka University		 Why are fewer married women joining the work force in rural India? A decomposition analysis over two decades August 4, 2017
Pavel Chakraborty
Jawaharlal Nehru University		 Intellectual Property Regimes, Technology Adoption and Organization of Firms July 26, 2017
Sushant Mallick
Queen Mary University of London		 Is financial inclusion good for bank stability? International evidence July 24, 2017
Romar Correa
Mumbai University		 Stock-Flow-Consistent Models and Institutional Variety July 18, 2017
Shawn Cole
Harvard Business School, US		 The Promise & Pitfalls of ICT for Agriculture July 14, 2017
Vegard Iversen
University of Manchester		 Revisiting the colonial origins of agricultural development in India: an update and research practice reflections January 11, 2017
Subhas C. Ray
University of Connecticut, USA		 Selection of Inputs and Outputs in Data Envelopment Analysis January 9, 2017
Sanjeev Kumar
Yale University, USA		 Does health influence risk preference? December 16, 2016
Ratul Lahkar
IIM Udaipur		 Large Population Aggregative Potential Games December 8, 2016
Jamus Lim
Abu Dhabi Investment Authority		 Learning from financial crises? November 15, 2016
Nirupama Kulkarni
Cafral, Reserve Bank of India		 Homeownership and the American dream - an analysis of intergenerational mobility effects September 30, 2016
Vikram Pathania
University of Sussex, UK		 High-Cost Debt and Borrower Reputation: Evidence from the U.K September 14, 2016
Shubha Ghosh
Syracuse University College of Law, USA		 Licensing Intellectual Property and the Dissemination of Technology August 5, 2016
Viral Acharya
Stern School of Business, NYU, USA		 Whatever it takes: the real effects of unconventional monetary policies August 4, 2016
N. R. Prabhala
University of Maryland, USA; CAFRAL, Mumbai		 Do Programs Mandating Small Business Lending Disincentivize Growth? Evidence From a Policy Experiment July 4, 2016
Rakesh Basant
Indian Institute of Management, Ahmedabad		 Exploring Linkages Between Innovation and Public Policy: Challenges and Opportunities June 29, 2016
Tridip Ray
Indian Statistical Institute, New Delhi		 Public versus Private Provisioning: Role of Education and Political Participation June 28, 2016
Bipasha Maity
University of British Columbia , Vancouver, Canada		 Consumption and Time-Use Effects of India's Employment Guarantee and Women's Participation June 27, 2016
Abhiman Das
Indian Institute of Management, Ahmedabad		 The Transmission of Monetary Policy Within Banks:
Evidence from India		 April 18, 2016
Vipul Mathur
Indian Institute of Management,  Bangalore		 Optimal Monetary Policy and Equity Premium under Endogenous Asset Market Segmentation February 16, 2016
Chinmay Tumbe
Tata Institute of Social Sciences, Hyderabad		 Urbanization and the Demographic Transition: Evidence from India's Demographic Divergence February 15, 2016
Swagata Bhattacharjee
University of Texas at Austin, USA		 Contracting for Innovation under Ambiguity February 9, 2016
T.E.S. Raghavan
University of Illinois, Chicago, USA		 Game Theory – The Mathematics for Conflict Resolution January 28, 2016
Sushanta Mallick
Queen Mary University of London, UK		 Corporate debt restructruring, bank competition and satibility: evidence from creditors' perspective December 14, 2015
Ratnik Gandhi
Institute of Engineering and Technology, Ahmedabad University		 Economics and Computation December 4, 2015
Victor Yakovenko
University of Maryland, Maryland, USA		 Economic Inequality from Statistical Physics Point of View December 2, 2015
Chinmay Tumbe
Tata Institute of Social Science, Hyderabad		 Missing Men, Migration and Labour Markets: Evidence from India December 2, 2015
Irena Vodenska
Boston University, Metropolitan College, USA		 Complex network approach to understnading the relationship between social media, news and global financial market returns November 26, 2015
Aditi Bhattacharyya
Business College , Sam Houston State University in Texas, USA		 A Generalized Stochastic Production Frontier Analysis of Technical Efficiency of Rice Farming: A Case Study from Assam, India July 20, 2015
Anindya S. Chakrabarti
Indian Institute of Management,  Ahmedabad		 Economic Incentives Versus Institutional Frictions: Dynamics of Cross-Country Migration July 14, 2015
Lakshmi K. Raut
Social Security Administration, Washington DC, USA		 Globalization, Quality and Inequity in Education and Economic Growth: Lessons for Indian from China February 12, 2015
Pritha Dev
Instituto Tecnologico Autonomo De Mexico, Mexico		 Group Identity in a Network Formation Game with Cost Sharing January 22, 2015
Anindya S. Chakrabarti
Boston University, Boston, USA		 Globalization of Volatility January 20, 2015
Mudit Kapoor
Indian School of Business, Hyderabad		 Why So Few Women in Politics? Evidence from India December 4, 2014
Sebastian Morris
Indian Institute of Management, Ahmedabad		 Issues in Water Rights, Institutional Design and Pricing that Need Resolution December 3, 2014
Ritwik Banerjee
Aarhus University, Denmark		 Synopsis of "Corruption, Norm Violation and Decay in Social Capital July 21, 2014
Sanket Mohapatra
The World Bank, Washington DC, USA		 Sovereign and Sub-Sovereign Credit Ratings: Re-Examining the Spillover Effect July 15, 2014
Ratul Lahkar
Ashoka University, Kundli		 Aspiration, Learning and Social Change July 8, 2014
Vijay Modi
Columbia University, New York, USA		 Can innovation help Entrepreneurs and enable service provision for the Poor? May 28, 2014
Tushi Baul
New York University,  Abu Dhabi, UAE		 Does Unethical Behavior Affect Choice of Profession: Public Vs. Private? April 24, 2014
Ambrish Dongre
Centre for Policy Research, New Delhi		 Impact of Private Tutoring on Learning Levels: Evidence from India March 7, 2014
Nachiket Mor Comprehensive Financial Services for Small Businesses and Low Income Households January 29, 2014

Conferences & Workshops

Economics Area faculty are active in organizing conferences and workshops on topical themes at the frontier of research and policy.

"Behavioral Research in Economics Workshop" on December 16-17, 2019 and on December 2-3, 2020 (online) at IIM Ahmedabad.

"Working Conference on Authority, Organisation, Strategies and Politics of Relatedness" on April 23-29, 2020 at Clarks Amer, Jaipur.

"Network Science in Economics and Finance" on December 8-10, 2019 at IIM Ahmedabad.

"International Conference on Indian Business & Economic History in Memory of Prof. Dwijendra Tripathi" on August 29-31 2019 at IIM Ahmedabad.

"Financial Distress, Bankruptcy and Corporate Finance" on August 9-10 2019 at IIM Ahmedabad.

Faculty Research

2024
2023
2022
2021
2020
2019
2018

Bhattacharya, P., & Rampal, J. (2024). Contests within and between groups: Theory and experiment. Games and Economic Behavior.

Chakrabarti, A. S., & Tomar, S. (2024). Multi-plant firms and the heavy tail of firm size distribution. Canadian Journal of Economics / Revue Canadienne D'Economique.

Fuad, M., Mohaghegh, M., & Malhotra, S. (2024). Advantages of foreignness and accelerator selection: A study of foreign-born entrepreneurs. Journal of World Business.

Mohapatra, S., & Nigania, A. (2024). COVID-19 pandemic intensity, migration status, and household financial vulnerability: evidence from India. Applied Economics.

Chakrabarti, A. S., Mishra, A., & Mohaghegh, M. (2024). Inequality and income mobility: The case of targeted and universal interventions in India. The Journal of Economic Inequality.

  • Tumbe, Chinmay, 'Migration and Industry: Entrepreneurship, Innovation, Diaspora Networks', in Matthias Kipping, Takafumi Kurosawa, and D. Eleanor Westney (eds), The Oxford Handbook of Industry Dynamics (online edn, Oxford Academic, 13 Oct. 2021), accessed 27 Oct. 2023.

  • Gopalakrishnan, B., Lim, J. J., & Mohapatra, S. (2023). Pandemic panic? Effects of health system capacity on firm confidence during COVID-19. European Journal of Political Economy. 

  • Tumbe, C. (2023). The economic history of pandemics. In C. Chatterjee, A. S. Chakrabarti, & A. Deolalikar (Eds.) Flattening the curve: COVID-19 & grand challenges for global health, innovation, and economy. Singapore: World Scientific. 

  • Langer, N. and T. Jain (2023) Peer influence and IT career choice, Information Systems Research.

  • Chakrabarti, A. S., Bakar, K. S., & Chakraborti, A. (2023). Data science for complex systems. United Kingdom: Cambridge University Press.

  • Chatterjee, C., Chakrabarti, A. S., & Deolalikar, A. B. (Eds.). (2023). Flattening the curve: COVID-19 & grand challenges for global health, innovation, and economy. Singapore:World Scientific.  

  • Aggarwal, M., Chakrabarti, A. S., & Chatterjee, C. (2023). Movies, stigma and choice: Evidence from the pharmaceutical industry. Health Economics 

  • Chakraborty, P., Chakrabarti, A. S., & Chatterjee, C. (2023). Cross-border environmental regulation and firm labor demand. Journal of Environmental Economics and Management, 117, 102753 

  • Beyer, R. C., Jain, T., & Sinha, S. (2023). Lights out? COVID-19 containment policies and economic activity. Journal of Asian Economics. 

  • Jain, S., Desai, N., Pingali, V., & Tripathy, A. (2023). Choosing beyond compliance over dormancy: Corporate response to India's mandatory CSR Expenditure Law. Management and Organization Review. 

  • Dev, P., Unni, J., & Vijayalakshmi, A. (2023). Employment and Income Shock During COVID-19 Lockdown in a Metropolitan city in India. The Indian Economic Journal, 00194662221137837. 

  • Milap, A., & Sarin, A. (2022). Evaluating the efficacy of demand-side communication interventions on claiming rights: Evidence from an action research field experiment in India. Human Communication Research, 49(1), 85–103

  • Branstetter, L., Chatterjee, C., & Higgins, M. J. (2022). Generic competition and the incentives for early-stage pharmaceutical innovation. Research Policy, 51(10). 

  • Aggarwal, M., Chakrabarti, A., Chatterjee, C., & Higgins, M. J. (2022). Research and Market Structure: Evidence from antibiotic-resistant Pathogenic Outbreak .Research Policy. 

  • Adbi, A., Chatterjee, C., & Mishra, A. (2022). How do MNEs and domestic firms respond locally to a global demand shock? Evidence from a pandemic. Management Science. 

  • Deodhar, S. (2022). Pre-Kautilyan period: Crucible of proto-economic ideas and practices. Annals of the Bhandarkar Oriental Research Institute. 

  • Deodhar, S. (2022). ShukraNitisara: A political economy treatise at the cusp of Indian kingdoms and colonial rule. Indian Journal of Democratic Governance , 3(1), 18-35. 

  • Dhar, D., Jain, T., & Jayachandran, S. (2022). Reshaping adolescents' gender attitudes: Evidence from a school-based experiment in India. American Economic Review , 112(3), 899-927 

  • Bose, G., Jain, T., & Walker, S. (2022). Women’s labor force participation and household technology adoption, European Economic Review. 

  • Tumbe, C. (2022). Women directors in corporate India, c. 1920–2019. Business History 

  • Tumbe, C. (2022). Globalization, Cities and Firms in Twentieth-Century India. Business History Review.  

  • Vijayalakshmi, A., Dev, P., & Kulkarni, V. (2022). Domestic workers and sexual harassment in India: Examining preferred response strategies. World Development,155 

  • Jha, P., Deshmukh, Y., Tumbe, C., Suraweera, W., Bhowmick, A., Sharma, S., Novosad, P.,Fu SH, Newcombe, L., Gelband, H., & Brown P. (2022). COVID mortality in India: National survey data and health facility deaths. Science. 

  • Rampal, J. (2022). Limited foresight equilibrium. Games and Economic Behavior. 

  • Chakrabarti, A., & Chakrabarti, A. S. (2022). Sparsistent filtering of comovement networks from high-dimensional data. Journal of Computational Science, 65, 101902 

  • Jain, T., Dhar, D., Kapoor, V., Kapur, V., & Raj, A. (2022). Measuring gender attitudes: Developing and testing Implicit Association Tests for adolescents in India. Plos one, 17(6), e0264077. 

  • Gopalakrishnan, B., Jacob, J., & Mohapatra, S. (2022). COVID-19 pandemic and debt financing by firms: Unravelling the channels. Economic Modelling, 114, 105929. 

  • Babbar, K., Rustagi, N., & Dev, P. (2022). How COVID‐19 lockdown has impacted the sanitary pads distribution among adolescent girls and women in India. Journal of Social Issues. 

  • Gangadharan, L., Jain, T., Maitra, P., & Vecci, J. (2021). Lab-in-the-field experiments: Perspectives from research on gender. Japanese Economic Review. 

  • Jain, T., Mukhopadhyay, A., Prakash, N., & Rakesh, R. (2021). Science education and labor market outcomes in a developing economy. Economic Inquiry. 

  • Bhattacharya, S. Chakraborty, P., & Chatterjee, C. (2021). Intellectual Property Regimes and Wage Inequality, Journal of Development Economics. 

  • Mohapatra, S. & Purohit, A. (2021). The implications of economic uncertainty for bank loan portfolios. Applied Economics. 

  • Guha, P., Bansal, A., Guha, A., & Chakrabarti, A. (2021). Gravity and depth of social media networks. Journal of Complex Networks, 9(2). 

  • Rathi, S., Mohapatra, S. , & Sahay, A. (2021). Central bank gold reserves and sovereign credit risk. Finance Research Letters. 

  • Peck, J., & Rampal, J. (2021). Optimal monopoly mechanisms with demand uncertainty. Mathematics of Operations Research. 

  • Gopalakrishnan, B., Jacob, J., & Mohapatra, S. (2021). Risk-sensitive Basel regulations and firms’ access to credit: Direct and indirect effects. Journal of Banking & Finance, 126. 

  • Adbi, A., Chatterjee, C., Cortland, Clarissa., Kinias, Z.,& Singh, J. (2021). Women’s Disempowerment and Preferences for Skin Lightening Products that Reinforce Colorism: Experimental Evidence from India. Psychology of Women Quarterly. 

  • Bhaskarabhatla, A. Anurag, P., Chatterjee, C.,& Pennings, E. (2021). How Does Regulation Impact Strategic Repositioning By Firms Across Submarkets? Evidence from the Indian Pharmaceutical Industry. Strategy Science. 

  • Higgins, M.J., Yan, X., & Chatterjee, C. (2021). Unpacking the effects of adverse regulatory events: Evidence from pharmaceutical relabeling. Research Policy, 50 (1). 

  • Saiyed, A. A., Fernhaber, S. A., Basant, R., & Dhandapani, K. (2021). The internationalization of new ventures in an emerging economy: The shifting role of industry concentration. Asia Pacific Journal of Management, 38, 1467-1497. 

  • Jain, T., & Jain, B. N. (2021). Infection Testing at Scale: An Examination of Pooled Testing Diagnostics. Vikalpa, 46(1), 13-26. 

  • Chakrabarti, A. S., Mishra, A., & Srivastava, P. (2021). ‘Too central to fail’ firms in bi-layered financial networks: linkages in the US corporate bond and stock markets. Quantitative Finance. 

  • De, S., Mohapatra, S., & Ratha, D. (2021). Sovereign credit ratings, relative risk ratings and private capital flows: evidence from emerging and frontier markets. Studies in Economics and Finance, 38(4), 873-898. 

  • Kumar, S., Bansal, A., & Chakrabarti, A. (2020). Ripples on financial networks. The European Journal of Finance, 1-22. 

  • Gopalakrishnan, B., & Mohapatra, S. (2020). Insolvency regimes and firms' default risk under economic uncertainty and shocks. Economic Modelling, 91. 

  • Kumar, S., Di Matteo, T., & Chakrabarti, A. (2020). Disentangling shock diffusion on complex networks: Identification through graph planarity. Journal of Complex Networks, 8 (3). 

  • Mishra, K., & Rampal, J. (2020). The COVID-19 pandemic and food insecurity: A viewpoint on India. World Development,135. 

  • Banerji, A., & Rampal, J. (2020). Reverse endowment effect for a new product. American Journal of Agricultural Economics, 786-805. 

  • Tumbe, C. (2020). The rise of the technological manager in India in the 1960s: The role of the Indian institutes of management, Management & Organizational History, 192-206. 

  • Debnath, S., & Jain, T. (2020) Social connections and tertiary healthcare utilization. Health Economics, 29(4), 464-474. 

  • Aggarwal, M., Chakrabarti, A. S., & Dev, P. (2020). Breaking “bad” links: impact of companies act 2013 on the Indian Corporate Network. Social networks, 62, 12-23. 

  • Gopalakrishnan, B., & Mohapatra, S. (2020). The effects of reporting standards and information sharing on loan contracting: Cross-country evidence. Cogent Economics & Finance, 8(1), 1716920. 

  • Das, A. Bansal, A., & Ghosh, S. (2020). Financial misconduct, fear of prosecution and bank lending. Economic and Political Weekly, 54-61. 

  • Deo, S., Tyagi, H., Chatterjee, C., & Molakapuri, H. (2020). Did India's price control policy for coronary stents create unintended consequences?. Social Science & Medicine, 246, 112737. 

  • Adbi, A., Bhaskarabhatla, A., & Chatterjee, C. (2020). Stakeholder orientation and market impact: Evidence from India. Journal of business ethics, 161, 479-496. 

  • Basant, R., & Sen, G. (2020). Quota-based affirmative action in higher education: Impact on other backward classes in India. The Journal of Development Studies, 56(2), 336-360. 

  • Dev, P., & Grabiszewski, K. (2019). More is not always better: The case of counterterrorism security. Journal of Conflict Resolution, 63(8), 1923-1938. 

  • Drèze, J., Gupta, P., Khera, R., & Pimenta, I. (2018). Casting the Net: India's Public Distribution System after the Food Security Act. Economic and Political Weekly, 54(6) 

  • Basant, R., & Mishra, P. (2019). Impact of Vertical Integration on Market Power in Indian Manufacturing Sector During the Post-Reform Period. Journal of Industry, Competition and Trade, 19, 561-581. 

  • Gupta, D., Das, A., & Garg, A. (2019). Financial support vis-à-vis share of wind generation: Is there an inflection point?. Energy, 181, 1064-1074. 

  • Das, A., Lahiri, K., & Zhao, Y. (2019). Inflation expectations in India: Learning from household tendency surveys. International Journal of Forecasting, 35(3), 980-993. 

  • Jaikumar, S., Pingali, V., & Virmani, V. (2019). Shareholders’ reaction to ethical image of sports teams: an event study in the Indian Premier League. Decision, 46, 283-300. 

  • Peck, J., & Rampal, J. (2019). Non-optimality of state by state monopoly pricing with demand uncertainty: An example. Economics Letters, 183, 108561. 

  • Chatterjee, C., Mohapatra, D. P., & Estay, M. (2019). From courts to markets: New evidence on enforcement of pharmaceutical bans in India. Social Science & Medicine, 237, 112480. 

  • Adbi, A., Chatterjee, C., Drev, M., & Mishra, A. (2019). When the big one came: A natural experiment on demand shock and market structure in India's influenza vaccine markets. Production and Operations Management, 28(4), 810-832. 

  • Tumbe, C. (2019). Corpus linguistics, newspaper archives and historical research methods. Journal of Management History. 

  • Basant R. (2018). Exploring linkages between industrial innovation and public policy: Challenges and opportunities.Vikalpa: The Journal of Decision Makers, 43(2), 61–76. 

  • Khera, R. (2018). The Aadhaar debate: Where are the sociologists? Contributions to Indian Sociology, 52(3), 336–342. 

  • Dev, P. (2018). Group identity in a network formation game with cost sharing. Journal of Public Economic Theory, 20(3), 390-415. 

  • Dev, P. (2018). Networks of information exchange: Are link formation decisions strategic? Economic letters, 162, 86-92. 

  • Tumbe, C., & Krishnakumar, S. (2018). From bazaar to Big Bazaar: Environmental influences and service innovation in the evolution of retailing in India, c. 1850-2015. Journal of Historical Research in Marketing. 

  • Tumbe, C., & Ralli, I. (2018). The four eras of “marketing” in twentieth century India. Journal of Historical Research in Marketing. 

  • Gopalakrishnan, B., & Mohapatra, S. (2018). Turning over a golden leaf? Global liquidity and emerging market central banks’ demand for gold after the financial crisis. Journal of International Financial Markets, Institutions and Money, 57, 94-109. 

  • Chakrabarti, A. S. (2018). Dispersion in macroeconomic volatility between the core and periphery of the international trade network. Journal of Economic Dynamics and Control, 88, 31-50. 

Faculty news

Faculty Recruitment

The Economics Area at IIM Ahmedabad is seeking faculty candidates at the Professor, Associate Professor, and Assistant Professor levels. Economics Area faculty conduct research, teach at the master’s and doctoral levels, provide policy advice to the government and international bodies, and engage in consulting for industry.

Applicants in all fields of Economics will be considered. We are particularly looking for applicants in Empirical Industrial Organization, Law and Economics, International Economics, Macroeconomics, Public Economics, and Labour Economics.

IIMA is an equal opportunity employer. Women, non-Indian nationals, and those belonging to Scheduled Castes, Scheduled Tribes, and Other Backward Classes are encouraged to apply.

Applications can be made throughout the year and would be evaluated by the Area every month.

Faculty candidates for the Economics Area should apply through the IIMA Faculty Recruitment webpage with a complete application package.

Dealing with Covid-19

 Articles and Interviews by IIMA Economics Faculty

Abhiman Das

Ajeet Mathur

Anindya Chakrabarti

Arvind Sahay

Chinmay Tumbe

Chirantan Chatterjee

Errol D'Souza

Jeevant Rampal

Pritha Dev

Reetika Khera

Satish Deodhar

Sanket Mohapatra

Sebastian Morris

Tarun Jain

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Prof. Satish Deodhar discusses his paper on Cooperative federalism can stop stubble burning

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