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

Mathematics for Economists
Microeconomics – I
Microeconomics – II
Macroeconomics – I
Macroeconomics – II
Econometrics-I

Ph.D. Elective Courses

Organizational Economics (OE)
Time Series Analysis (TSA)
Data Envelopment Analysis (DEA)
Econometrics II
Industrial Organisation Theory (IOT)
Applied Financial Economics (AFE)
Foundations of New Institutional Economics (FNIE) (with CMA)
Decentralization and Public Policy (DPP)
Economics Of Strategy (EOS)
Global Business And Economic History (GBEH)
Applied Game Theory (AGT)
Computational Economics (CMM)
Economics of Development (ED)

MBA Compulsory Courses

Microeconomics (ME)
Macroeconomics (MEP)

MBA Electives

Economics of Organization (EOO)
Monetary Theory and Policy (MTP)
Behavioral and Experimental Economics (BEE)
Global Finance and Trade (GFT)
Managerial Econometrics (MEM)
Hitchhiker’s Guide to Business and Economies Across Five Centuries (HITCH)
Game Theory and Applications (GTA)
Gender and Work (GAW)
Economic Environment and Policy in India (EEPI)
Indian Economy and Society Today (IEST)
Inequality and Economic Policies (IEP)
Emerging Market Monetary Theory and Finance (EMMPF)
Urban Economy and Business Environment (Urban) (UEBE)
Economic Ideas from Ancient India (EIAI)
Health Economics (HE)
Economics of Food Quality (EFQ)
Auctions and Market Design (AMD)
Economic Development Policy and Growth (EDPG)
World Economy: Business, Government and Policy (WEBGP)

PGPX Compulsory Courses

Firms and Markets (FAM)
Open Economy Macroeconomics (OEM)

PGPX Electives

Indian Economy in Comparative Perspective (IECP)
Infrastructure Development and Public Private Partnership (Joint with PSG) (IDPPP)
Game Theory and Experiments (GTE)
Global Finance and Trade (GFT)
Hitchhiker’s Guide to Business and Economies Across Five Centuries (HITCH)
Health Economics (HE)
Business, Government and Macro Policy (BGMP)

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

Network Analysis (NA)
Time Series Analysis (TSA)
Panel Data Analysis (PDA)

Our Faculty

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Errol D'Souza

Professor
Economics

Abhiman Das

Professor
Economics

Mohsen Mohaghegh

Assistant Professor
Economics

Tarun Jain

Associate Professor
Economics

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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

2023

2022

2021

2020

2019

2018

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.

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.

Secondary member- Research details

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

Faculty news

Prof. Satish Deodhar discusses his paper based on ideas of ethics, politics, and economics as synthesized by ancient Indian writer Shukracharya

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.