Research

1. "Density Forecasts and the Evolution of Macroeconomic Uncertainty in India", with Kajal Lahiri and Prakash Loungani. November 2025.

2. "Hot Prices, Cold Comfort: How Inflation Surges Shape Household Expectations in India" with Abhiman Das and Kajal Lahiri. November 2025.

3. "Identifying Episodes of Fiscal Austerity: An LLM-Based Approach", with Prakash Loungani. August 2025.

4. "Inflation Targeting and Monetary Policy in India", with Surjit S Bhalla and Prakash Loungani. Economic & Political Weekly, Vol. 61, Issue No. 3. January 2026.

5. "Four Facts on Inclusive Growth in India" with Surjit S Bhalla. Economic & Political Weekly, Vol. 60, Issue No. 45. November 2025.

To access media coverage, click here.

6. "Labor Markets in India: Measurement in Times of Structural Change" with Surjit S Bhalla and Tirthatanmoy Das. June 2024. 

A blog post for Ideas for India can be accessed here. To access media coverage, click here.  

7. "Poverty in India over the last decade" with Surjit S Bhalla. Economic and Political Weekly, Vol. 59, No. Issue No. 28. 

To access media coverage, click here.

8. "Macroeconomic Effects of Formal Adoption of Inflation Targeting", with Surjit S Bhalla and Prakash Loungani. IMF Working Paper No. 2023/007, January 2023.

A VoxEu article on the paper can be accessed here. To access media coverage, click here and here. 

9. "Pandemic, Poverty, and Inequality: Evidence from India", with Surjit S Bhalla and Arvind Virmani. IMF Working Paper No. 2022/069, April 2022.

To access media coverage, click here. A blog post on the need to raise India's Poverty Line is available here. A detailed contribution to an Ideas for India symposium can be accessed here. Poverty Rates by states and detailed poverty lines can be provided on request.