Faculty & Research

Research- Misra Centre for Financial Markets and Economy

Research by Centre Members

Publications

2023

  • Gopakumar, K. V., Ram Mohan, M.P., & Awasthi, K. (2023). Moving the mountain: Stigma removal, strategic industry, and the Indian civilian nuclear industry. International Social Science Journal. Link
  • 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. Link
  • Kumar, S., Agarwalla, S. K., Varma, J. R., & Virmani, V. (2023). Harvesting the volatility smile in a large emerging market: A dynamic Nelson-Siegel approach. Journal of Futures Markets. Link
  • Langer, N., & Jain, T. (2023). Peer influence and IT career choice. Information Systems Research. Link
  • Okat, D., & Vasudevan, E. V. (2023). Going the extra mile: what taxi rides tell us about the long – hour culture in Finance. Management Science. Link
  • Prakash, C.D., & Majumdar, A. (2023). Predicting sports fans’ engagement with culturally aligned social media content: A language expectancy perspective. Journal of Retailing and Consumer Services. Link
  • Saurav, S., Agarwalla, S., & Varma, J. R. (2023). Belief distortion near 52W high and low: Evidence from Indian equity options market. Journal of Futures Market. Link
  • Vasudevan, E. V. (2023). Some gains are riskier than others: Volatility changes and the disposition effect. Journal of Economic Behavior and Organization. Link
  • Aggarwal, M., Chakrabarti, A. S., & Chatterjee, C. (2023). Movies, stigma and choice: Evidence from the pharmaceutical industry. Health Economics. Link
  • Beyer, R. C., Jain, T., & Sinha, S. (2023). Lights out? COVID-19 containment policies and economic activity. Journal of Asian Economics. Link 
  • Edacherian, S., Richter, A., Karna, A., & Gopalakrishnan, B. (2023). Connecting the right knots: The impact of board committee interlocks on the performance of Indian firms. Corporate Governance: An International Review. Link 
  • Jacob, J., Gupta, N., & Gopalakrishnan, B. (2023). Mutual fund asset allocation during COVID-19: Evidence from an emerging market. Applied Economics. Link 
  • 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. Link 
  • Liu, P., Freybote, J., & Das, P. (2023). Brand affiliation and the hotel asset market. International Journal of Hospitality Management. Link 
  • Purohit, S., & Desai, N. (2023). Voting on auditor ratification by shareholder type: Impact of institutional shareholder dissent on NAS fees and audit quality. Journal of Accounting, Auditing & Finance. Link 
  • Ram Mohan, M. P., & Gupta, A. (2023). Litigating Barbie: Trade Mark Infringement, Parody and Free Speech. Delaware Journal of Corporate Law. Link 
  • Ram Mohan, M. P., & Gupta, A. (2023). Taxing Intellectual Property Assets on a Cross-Border Transaction: Application of Mobilia Sequuntur Personam and the Case of the India-Mauritius Tax Treaty. British Tax Review(1). Link 

2022

  • Aggarwal, M., Chakrabarti, A. S., Chatterjee, C., & Higgins, M. J. (2022). Research and market structure: Evidence from an antibiotic-resistant pathogenic outbreak. Research Policy, 52(1), 104633. Link
  • Bansal, A., Gopalakrishnan, B., Jacob, J., & Srivastava, P. (2022). Impact of operational fragility on stock returns: Lessons from COVID ‐19 crisis. International Review of FinanceLink
  • Bansal, A., & Jacob, J. (2022). Impact of price path on disposition bias. Journal of Banking & Finance, 143. Link
  • Bhachech, J., Chakrabarti, A., Kaizoji, T., & Chakrabarti, A.S. (2022). Instability of Networks: Effects of Sampling Frequency and Extreme Fluctuations in Financial Data. The European Physical JournalLink
  • Bose, G., Jain, T., & Walker, S. (2022). Women’s labor force participation and household technology adoption. European Economic Review, 147. Link
  • Chakrabarti, A., & Chakrabarti, A. S. (2022). Sparsistent filtering of comovement networks from high-dimensional data. Journal of Computational Science, 65, 101902. Link 
  • Chakraborty, P., Chakrabarti, A. S., & Chatterjee, C. (2022). Cross-border environmental regulation and firm labor demand. Journal of Environmental Economics and Management, 117, 102753. Link 
  • Dhar, D., Jain, T., & Jayachandran, S. (2022). Reshaping Adolescents’ Gender Attitudes: Evidence from a School-Based Experiment in India. American Economic ReviewLink
  • Gopalakrishnan, B., Jacob, J., & Mohapatra, S. (2022). COVID-19 pandemic and debt financing by firms: Unravelling the channels. Economic Modelling, 114. Link
  • Gupta, N., Mishra, A., & Jacob, J. (2022). Prospect Theory Preferences and Global Mutual Fund Flows. Journal of International Money and Finance, 125. Link
  • Jain, S., & Agarwalla, S. K. (2022). Big-4 auditors and audit quality: A novel firm life-cycle approach. Meditari Accountancy Research. Link 
  • 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). Link
  • Kariya, A. (2022). Earnings-based borrowing constraints & corporate investments in 2007–2009 financial crisis. Journal of Corporate Finance, 75. Link
  • Kumar, P., Deodhar, S. J., & Zaheer, S. (2022). Cognitive sources of liability of foreignness in crowdsourcing creative work. Journal of International Business StudiesLink
  • Ram Mohan, M. P., & Raj, V. (2022). Section 29A of India’s Insolvency and Bankruptcy Code: An instance of hard cases making bad law? Journal of Corporate Law Studies, 1–26. Link
  • Rampal, J. (2022). Limited Foresight Equilibrium. Games and Economic Behavior, 132, pp. 166–88. Link
  • Rathi, S., Chakrabarti, A. S., Chatterjee, C., & Hegde, A. (2022). Pandemics and technology engagement: New evidence from m-Health intervention during COVID-19 in India. Review of Development EconomicsLink
  • Srivastava, J., & Gopalakrishnan, B. (2022). Work from Home Amenability and Venture Capital Financing during COVID-19. Applied EconomicsLink
  • Srivastava, J., Sampath, A., & Gopalakrishnan, B. (2022). Is ESG the key to unlock debt financing during the COVID-19 pandemic? International evidence. Finance Research Letters, 49. Link

2021

  • Agarwalla, S.Varma, J., & Virmani, V. (2021). “The Impact of COVID-19 on Tail Risk: Evidence from Nifty Index Options.” Economics Letters 204 Link
  • Agarwalla, S., Varma, J., & Virmani, V. (2021). Rational repricing of risk during COVID-19: Evidence from Indian single stock options market. Journal of Futures MarketsLink
  • Agarwalla, S., Saurav, S., & Varma, J. (2021). Lottery and bubble stocks and the cross‐section of option‐implied tail risks. Journal of Futures MarketsLink
  • Banerji, A., & Rampal, J. (2020). Reverse Endowment Effect for a New Product. American Journal of Agricultural EconomicsLink
  • Bansal, A., Jacob, J., & Pandey, A. (2021). Influence of endogenous reference points on the selling decisions of retail investors. European Financial ManagementLink
  • 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 FinanceLink
  • Deep Prakash, C., & MajumdarA. (2021). Analyzing the Role of National Culture on Content Creation and User Engagement on Twitter: The Case of Indian Premier League Cricket Franchises. International Journal of Information ManagementLink
  • Gangadharan, L., Jain, T., Maitra, P., & Vecci, J. (2021). Lab-in-the-field experiments: perspectives from research on gender. The Japanese Economic ReviewLink
  • 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. Link
  • Guha, P., Bansal, A., Guha, A., & Chakrabarti, A. (2021). Gravity and depth of social media networks. Journal of Complex Networks,  9 (2). Link
  • Gupta, A., & Das, P. (2021). Asymmetric political attention across foreign and domestic private equity real estate investors. Journal of Property Research, 1-29. Link
  • Jain, T., & Jain, B. (2021). Infection testing at scale: An examination of pooled testing diagnostics. Vikalpa: The Journal For Decision Makers, 46(1), 13-26. Link 
  • Jain, T., Mukhopadhyay, A., Prakash, N., & Rakesh, R. (2021). Science education and labor market outcomes in a developing economy. Economic Inquiry. Link
  • Kariya, A. (2021). Borrowing from government owned banks & firm's liquidation risk. Journal of Corporate Finance, 69. Link
  • Majilla, T., & Das, A. (2021). Household Income Shocks, Demand for Deposits, and Real Activities. SSRN Scholarly PaperLink
  • Majumdar, A., & Singh, P. (2021). Analysis and impact of COVID-19 disclosures: is IT-services different from others? Industrial Management & Data SystemsLink
  • Mishra, A., Srivastava, P., & Chakrabarti, A. (2021). ‘Too central to fail’ firms in bi-layered financial networks: Linkages in the US corporate bond and stock markets. Quantitative Finance, 1-29. Link
  • Mohapatra, S., & Purohit, S. (2021). The implications of economic uncertainty for bank loan portfolios. Applied Economics, 53(45), 5242-5266. Link
  • Mohapatra, S., & Nagar, J.P. (2021).  “Foreign Currency Borrowing and Firm Financing Constraints in Emerging Markets: Evidence from India”. Managerial FinanceLink.
  • Nagar, N., Desai, N., & JacobJ. (2021). “Do Big 4 Auditors Limit Classification Shifting? Evidence from India.” Journal of International Accounting, Auditing and Taxation Link
  • Pal Singh, S., Adhikari, A., Majumdar, A., & Bisi, A. (2021). Does service quality influence operational and financial performance of third-party logistics service providers? A mixed multi criteria decision making -text mining-based investigation. Transportation Research Part E: Logistics and Transportation Review, 157. Link
  • Peck, J., & Rampal, J. (2021). Optimal monopoly mechanisms with demand uncertainty. Mathematics of Operations Research. Link
  • Ram Mohan, M.P., & Raj, V. (2021). Auditors’ negligence and professional misconduct in India: A struggle for a consistent legal standard. Columbia Journal of Asian Law, 34(2), 93-127. Link
  • Rathi, S., Mohapatra, S., & Sahay, A. (2021). Central bank gold reserves and sovereign credit risk. Finance Research LettersLink
  • Yadav, V., & Das, A. (2021). Nowcasting Inflation in India with Daily Crowd-Sourced Prices Using Dynamic Factors and Mixed Frequency Models. Applied Economics LettersLink

2020

  • Aggarwal, M., Chakrabarti, A., & Dev, P. (2020). Breaking ‘Bad’ Links: Impact of Companies Act 2013 on the Indian Corporate Network. Social Networks. Link
  • Agarwal, A. K., Das, A., Jacob, J., & Mohapatra, S. (2020).” Introduction to the Special Issue on ‘Financial Distress, Bankruptcy, and Corporate Finance.” Vikalpa.Link
  • Chakrabarti, A., & Chakrabarti, A.S. (2020). Fractional Differencing: (In)stability of Spectral Structure and Risk Measures of Financial Networks.Link
  • Das, A.,Agarwal, A. K., Jacob, J., Mohapatra, S., Hishikar, S., Bangar, S., Parekh, S., Basu, S., & Sinha, U. K. (2020). Insolvency and Bankruptcy Reforms: The Way Forward. Vikalpa. Link
  • Das, A., Bansal, A., & Ghosh, Saibal. (2020). Financial Misconduct, Fear of Prosecution and Bank Lending.” Economic and Political Weekly.Link
  • Das, A., & Gopalakrishnan, B. (2020). Profit Efficiency and Corporate Governance of Indian Banks.Link
  • Desai, N., Jain, S.P., Jain, S., & Tripathy, A. (2020). The Impact of Implicit Theories of Personality Malleability on Opportunistic Financial Reporting. Journal of Business Research. Link
  • Desai, N. (2020). Understanding the Theoretical Underpinnings of Corporate Fraud . Vikalpa Link
  • Gopalakrishnan, Balagopal, & Mohapatra, S. (2020). The Effects of Reporting Standards and Information Sharing on Loan Contracting: Cross-Country Evidence. Cogent Economics & Finance.Link
  • Gopalakrishnan, B., & Mohapatra, S. (2020).Insolvency Regimes and Firms’ Default Risk under Economic Uncertainty and Shocks. Economic Modelling 91.Link
  • Kumar, S., Bansal, A., & Chakrabarti., A. (2020). Ripples on Financial Networks. The European Journal of Finance. Link
  • Kumar, S., Di Matteo, T., & Chakrabarti, A. (2020). Disentangling shock diffusion on complex networks: identification through graph planarity. Journal of Complex Networks. Link
  • Mohan, M. P. Ram., & Raj, V. (2020). Apartment Buyers as Financial Creditors: Pushing the Conceptual Limits of the Indian Insolvency Regime. Columbia Journal of Asian Law.Link
  • Mishra, K., & Rampal, J. (2020). The COVID-19 Pandemic and Food Insecurity: A Viewpoint on India. World Development.Link
  • Ram Mohan, M. P., & Reynaers, E. (2020). Right of Recourse Claims Based on Latent Defects in the public. University of Pennsylvania Asian Law Review.Link
  • Ram Mohan, M. P., & Reynaers, E. (2020). Energy Sector in India: Brace Yourself for Fact-Intensive Disputes. SSRN Scholarly Paper.Link
  • Ram Mohan, M. P., Murugavelu, P., Ray, G., & Parakh, K. (2020). The Doctrine of Frustration under Section 56 of the Indian Contract Act. Indian Law Review Link
  • Ram Mohan, M. P., & Namboodhiry, S. (2020). An Exploration of Public Risk Perception and Governmental Engagement of Nuclear Energy in India. Journal of Public Affairs. Link
  • Ram Mohan, M. P., & Godha, M. (2020). The Law of Restitution for Unjust Enrichment in India Link

Books/Book Chapters & Reports

2023

2022

  • Mohapatra, S. (2022). Global monetary policies and implications for financial flows to India and other emerging markets. In P. Mukherjee (Ed.), Revisiting the Indian financial sector. India Studies in Business and Economics (1st ed. 2022 ed., pp. 75–84). Singapore, Singapore: Springer. 

  • Varma, P. (2022). Pulses for food and nutritional security of India: Production, markets and trade. Springer.

Working papers

2022

  • Das, A., Mohapatra, S., & Nigania, A. (2022). State-owned banks and credit allocation in India: Evidence from an asset quality review. Link
  • Gopalakrishnan, B., Jacob, J., & Srivastava, J. (2022). Fishing in muddy waters: Mergers and acquisitions during uncertainty. Link 
  • Jacob, J., & Pradeep, K.P. (2022). Cyclically Adjusted PE ratio (CAPE) and Stock Market Characteristics in India. Link 
  • Jacob, J., Pradeep, K.P. & Varma, J. (2022). Performance of quality factor in Indian Equity Market. Link 
  • Ram Mohan, M.P., & Gupta, A. (2022). Mutation of the trademark doctrine: Analysing actionable use to reconcile brand identities with constitutional safeguards. Link 
  • Ram Mohan, M.P., & Muralidhar, S. (2022). In Pursuit of Balance: Vicarious Liability Doctrine in the United Kingdom and India. Link 
  • Ram Mohan, M.P., & Gupta, A. (2022). Litigating Barbie: Trade Mark Infringement, Parody and Free Speech. Link 
  • Ram Mohan, M.P., Reynaers, E., & Prasad, S. (2022). India’s Progressive Environmental Case Law: A Worthy Roadmap for Global Climate Change Litigation. Link   
  • Ram Mohan, M.P., & Wadhwa, M. (2022). Stigma, Corporate Insolvency, and Law: International Practices and Lessons for India. Link 
  • Srivastava, P., & Jacob, J. (2022). Arbitrage constraints and behaviour of volatility components: Evidence from a natural experiment. Link 
  • Srivastava, P., & Jacob, J. (2022). Risk information - normal markets and the COVID-19 pandemic period. Link 

2021

  • Chakrabarti, A., Mishra, A., & Mohaghegh, M. (2021). Targeted interventions: Consumption dynamics and distributional effects. Link
  • Gopalakrishnan, B., Lim, J.J., & Mohapatra, S. (2021). Pandemic Panic? Effects of Health System Capacity on Firm Confidence During COVID-19. Link
  • Gopalakrishnan, B., Joshy, J., & Mohapatra, S. (2021). Government responses, business continuity, and management sentiment: Impact on debt financing during COVID-19. Link
  • Govindan, M., & Ram Mohan, M.P. (2021). Exploring Gender Perceptions of Nuclear Energy in India. Link
  • Raju, R., & Agarwalla, S.K. (2021). Equity portfolio diversification: how many stocks are enough? Evidence from India. Link
  • Ram Mohan, M.P., & Gupta, A. (2021). Intellectual Property licenses in cross-border insolvency: Lessons from In Re Qimonda. Link
  • Ram Mohan, M.P., & Gupta, A. (2021).Right to Research and Copyright Law: From Photocopying to Shadow Libraries. Link
  • Ram Mohan, M.P., & Shah, U. (2021). Tracing Director Liability Framework during Borderline Insolvency & Corporate Failure in India. Link
  • Ram Mohan, M.P., & Gupta, A. (2021).Treatment of Intellectual Property License in Insolvency: Analysing Indian law in comparison with the U.S. and U K. Link
  • Ram Mohan, M.P., & Raj, V. (2021). Section 29A of India’s Insolvency and Bankruptcy Code: An Instance of Hard Cases Making Bad Law? Link
  • Ram Mohan, M.P., & Raj,V. (2021).Insolvency set offs in India: A comparative perspective. Link
  • Ram Mohan, M.P. (2021).The Role of Insolvency Tests: Implications for Indian Insolvency Law. Link
  • Ram Mohan, M.P., Ishizuka, N., & Sharma, S. (2021). Doctrinal Conflict in Foreign Investment Regulation in India: NTT Docomo vs. Tata Sons and the Case for “Downside Protection”. Link
  • Srivastava, P., Joshy, J., & Pandey, A. (2021). A minimum buyback requirement in open market repurchases: Impact on the signalling role. Link

2020

  • Ram Mohan, M.P., Faisal, M.K., Alex, J., & Shiju, M V. (2020). Public perception of courts in India: unmeasured gap between the justice system and its beneficiaries. Link
  • Ram Mohan, M.P., & Raj, V. (2020). Pre-packs in the Indian Insolvency Regime. Link
  • Ram Mohan, M.P., & Kini, E.R. (2020). Compensation for environmental damage: progressively casting a wider net, but what’s the catch? Link
  • Ram Mohan, M.P., & Raj, V. (2020). Merger control for IRPs: Do acquisitions of distressed firms warrant competition scrutiny? Link

Research supported/financed by Centre

Publications

  • Bansal, A., Gopalakrishnan, B., Jacob, J., & Srivastava, P. (2022). Impact of Operational Fragility on Stock Returns: Lessons from COVID ‐19 Crisis. International Review of Finance. Link
  • Bhachech, J., Chakrabarti, A., Kaizoji, T., & Chakrabarti, A.S. (2022). Instability of Networks: Effects of Sampling Frequency and Extreme Fluctuations in Financial Data. The European Physical JournalLink
  • Chakrabarti, A., & Sen, R. Copula Estimation for Nonsynchronous Financial Data. (2022). Sankhya B, 1-34. Link
  • Chakrabarti, A., & Chakrabarti, A.S. (2020). Fractional Differencing: (In)stability of Spectral Structure and Risk Measures of Financial Networks. Journal of Network Theory in FinanceLink
  • Singh, G.K., & Bandyopadhyay, T. (2022). How Informative Are Quantified Survey Data? Evidence from RBI Household Inflation Expectations Survey. The Singapore Economic Review 1-17. Link
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Working Papers

  • Ram Mohan, M.P, & Prasad, S. (2023). Environmental Claims under Indian Insolvency Law: Concepts and Challenges Link
  • Chakrabarti, A, & Sen, R. (2022). Limiting Spectral Distribution of High-Dimensional Hayashi-Yoshida Estimator of Integrated Covariance Matrix. Link
  • Chakrabarti, A., & Chakrabarti A.S. (2021). Sparsistent Filtering of Comovement Networks from High-Dimensional Data. Link

New Research Projects

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