•  
CAFRAL aims to conduct high quality research in areas of banking and finance, particularly in areas of policy interest. Our research areas include financial institutions, sovereign and corporate bond markets, financial networks and stability, behavioral finance, corporate finance, household finance and related areas of macro-finance such as monetary economics and international finance. CAFRAL aims to build capacity in these areas by developing internal data and analytic resources, capabilities, and collaborations with research institutions with similar missions.
 
We list some of the working papers and publications of current CAFRAL researchers

1. Consumption Tax Reform And The Real Economy: Evidence From India’s Adoption Of A Value-Added Tax
Author(s) Abhay Aneja, Nirupama Kulkarni and S. K. Ritadhi Date Monday, December 7, 2020
View PaperAbstract
2. Credit Insurance, Bailout And Systemic Risk
Author(s) Kaushalendra Kishore, Research Director, CAFRAL Date Friday, February 21, 2020
View PaperAbstract
3. Why Risk Managers?
Author(s) Kaushalendra Kishore, Research Director, CAFRAL Date Friday, February 21, 2020
View PaperAbstract
4. International Business Cycles- The Role Of Technology And Resource Transfers Within Multinationals
Author(s) Gautham Udupa, Research Director, CAFRAL Date Friday, February 21, 2020
View PaperAbstract
5. The Unintended Consequences Of Regulatory Forbearance
Author(s) Anusha Chari, Lakshita Jain and Nirupama Kulkarni Date Friday, February 21, 2020
View PaperAbstract
6. Unearthing Zombies
Author(s) Nirupama Kulkarni, S. K. Ritadhi, Siddharth Vij and KatherineWaldock Date Friday, February 21, 2020
View PaperAbstract
7. Inflation Forecasting In Emerging Markets: A Machine Learning Approach
Author(s) Kriti Mahajan and Anand Srinivasan Date Thursday, February 20, 2020
View PaperAbstract
8. Stress Testing Of Firm Level Credit Risk
Author(s) Kriti Mahajan, Manjusha Senapati and Anand Srinivasan Date Thursday, February 20, 2020
View PaperAbstract
9. Global Spillover Effects Of US Uncertainty
Author(s) Saroj Bhattarai, Arpita Chatterjee and Woong Yong Park Date Monday, January 6, 2020
View PaperAbstract
10. Banking Relationships And Creditor Rights
Author(s) Vidhan K. Goyal, S. Lakshmi Naaraayanan and Anand Srinivasan Date Wednesday, October 16, 2019
View PaperAbstract
11. Anatomy Of A Banking Panic
Author(s) Viral Acharya, Abhiman Das, Nirupama Kulkarni and Prachi Mishra Date Monday, March 25, 2019
View PaperAbstract
12. Creditor Rights And Allocative Distortions { Evidence From India
Author(s) Nirupama Kulkarni Date Monday, March 25, 2019
View PaperAbstract
13. Elimination Of Tax Distortions On Capital Goods Through The VAT And Capital Investments By Financially Constrained Firms: Evidence From Indian States
Author(s) Abhay Aneja, Nirupama Kulkarni and S. K. Ritadhi Date Monday, March 25, 2019
View PaperAbstract
14. Who Values Access To College?
Author(s) Kartik Athreya, Felicia Ionescu, Urvi Neelakantan and Ivan Vidangos Date Monday, February 25, 2019
View PaperAbstract
15. Consumption And Saving Response To A Tax-Subsidized Saving Policy
Author(s) Sumit Agarwal, Souphala Chomsisengphet, Pulak Ghosh and Man Zhang Date Friday, February 22, 2019
View PaperAbstract
16. The Unsettling Behavior Of Exchange Rates Under Inflation Targeting
Author(s) Dr. Paul Beaudry and Dr. Amartya Lahiri Date Monday, October 1, 2018
View PaperAbstract
17. Is Better Access To Markets A Substitute For Educated Parents? Evidence From Rural India
Author(s) Reshad N. Ahsan, Arpita Chatterjee and Shahe Emran Date Saturday, September 1, 2018
View PaperAbstract
18. Stock Market Participation: The Role Of Human Capital
Author(s) Kartik Athreya, Felicia Ionescu and Urvi Neelakantan, Date Thursday, August 30, 2018
View PaperAbstract
19. Multinational Firms, Trade, And The Trade-Comovement Puzzle
Author(s) Dr. Gautham Udupa Date Tuesday, August 21, 2018
View PaperAbstract
20. Relationship Bank Behavior During Borrower Distress
Author(s) Yan Li, Ruichang Lu, Anand Srinivasan Date Friday, March 9, 2018
View PaperAbstract
21. The Effect Of Government Bank Lending: Evidence From The Financial Crisis In Japan
Author(s) Yupeng Lin, Anand Srinivasan and Takeshi Yamada Date Wednesday, November 8, 2017
View PaperAbstract
22. Unintended Consequences Of Government Bailouts: Evidence From Bank-Dependent Borrowers Of Large Banks
Author(s) Yupeng Lin, Xin Liu and Anand Srinivasan Date Wednesday, November 8, 2017
View PaperAbstract
23. Bank Dependence And Bank Financing In Corporate M&A
Author(s) Sheng Huang, Ruichang Lu and Anand Srinivasan Date Wednesday, November 8, 2017
View PaperAbstract
24. Urbanization, Structural Transformation And Rural-Urban Disparities In China And India
Author(s) Viktoria Hnatkovska and Amartya Lahiri Date Monday, November 6, 2017
View PaperAbstract
25. Explaining World Savings
Author(s) Colin Caines and Amartya Lahiri Date Monday, November 6, 2017
View PaperAbstract
26. Urban Sprawl And Rural Development: Theory And Evidence From India
Author(s) Viktoria Hnatkovska and Amartya Lahiri Date Monday, November 6, 2017
View PaperAbstract
27. Effects Of Demonetization: Evidence From 28 Slum Neighborhoods In Mumbai
Author(s) Deepa Krishnan and Stephan Siegel Date Tuesday, August 29, 2017
View PaperAbstract
28. The Effect Of Relationships With Government-Owned Banks On Cash Flow Constraints: Evidence From India
Author(s) Anand Srinivasan and Ashok Thampy Date Wednesday, July 12, 2017
View PaperAbstract
29. Loan Delinquency In Banking Systems: How Effective Are Credit Reporting Systems?
Author(s) Jugnu Ansari and Saibal Ghosh Date Wednesday, June 21, 2017
View PaperAbstract
30. Are Women Really More Risk-Averse? The Lending Behaviour Of Women-Owned Cooperatives In India
Author(s) Jugnu Ansari and Saibal Ghosh Date Tuesday, June 20, 2017
View PaperAbstract
31. Calibration Of Credit Default Probabilities In Discrete Default Intensity And Logit Models
Author(s) Anand Deo, Sandeep Juneja and Akash Kalyani Date Friday, June 16, 2017
View PaperAbstract
32. The Progress Of Financial Inclusion In India: Insights From Multiple Waves Of Survey Data
Author(s) Manuela Kristin Günther Date Monday, June 5, 2017
View PaperAbstract
33. Inattentive Investors And Mutual Fund-Flows
Author(s) Apoorva Javadekar Date Friday, April 28, 2017
View PaperAbstract
34. Underwriting Government Debt Auctions
Author(s) Sudip Gupta, Rangarajan K. Sundaram, Suresh Sundaresan Date Tuesday, November 8, 2016
View PaperAbstract
35. Bailouts And Bankruptcies: Corporate Distress, Troubled Debt Restructurings And Equity Stripping
Author(s) Saibal Ghosh, Ashiana Salian Date Tuesday, November 8, 2016
View PaperAbstract
36. Are Uniform Pricing Policies Unfair? Mortgage Rates, Credit Rationing, And Regional Inequality
Author(s) Nirupama Kulkarni Date Wednesday, August 10, 2016
View PaperAbstract
37. Homeownership And The American Dream - An Analysis Of Intergenerational Mobility EEcts
Author(s) Nirupama Kulkarni and Ulrike Malmendier Date Wednesday, August 10, 2016
View PaperAbstract
38. Historical Performance And Risk-Shifting In Mutual Funds
Author(s) Apoorva Javadekar Date Tuesday, August 2, 2016
View PaperAbstract
39. Mutual Fund Flows When Manager Has Timing And Picking Skill
Author(s) Apoorva Javadekar Date Tuesday, August 2, 2016
View PaperAbstract
40. Dynamic Portfolio Credit Risk And Large Deviations
Author(s) Sandeep Juneja Date Friday, June 10, 2016
View Paper
41. Creditor Rights And Relationship Banking: Evidence From A Policy Experiment
Author(s) Gursharan Bhue, Nagpurnanand Prabhala, Prasanna Tantri Date Tuesday, May 17, 2016
View PaperAbstract
42. Competition For Underwriting: Implications For Information Production And Insurance
Author(s) Sudip Gupta, Rangarajan K Sundaram, M Suresh Sundaresan Date Thursday, May 5, 2016
View PaperAbstract
43. Monetary Policy Under Financial Exclusion
Author(s) Amartya Lahiri, Rajesh Singh Date Thursday, May 5, 2016
View PaperAbstract
44. Do Programs Mandating Small Business Lending Disincentivize Growth? Evidence From A Policy Experiment
Author(s) Gursharan Bhue, Nagpurnanand Prabhala, Prasanna Tantri Date Tuesday, March 22, 2016
View PaperAbstract
45. Banking Regulation, Implicit Government Guarantee And Bank Risk Taking Behavior
Author(s) Jugnu Ansari Date Monday, March 21, 2016
View PaperAbstract
46. Monetary Transmission, Ownership And Crisis: How Robust Is The Indian Evidence?
Author(s) Jugnu Ansari, Saibal Ghosh Date Monday, March 21, 2016
View PaperAbstract
47. Central Banks And Dynamics Of Bond Market Liquidity
Author(s) Prachi Deuskar, Timothy C Johnson Date Wednesday, March 2, 2016
View PaperAbstract
48. The Power Of Shareholder Votes: Evidence From Director Elections
Author(s) Reena Aggarwal, Sandeep Dahiya, Nagpurnanand Prabhala Date Tuesday, March 1, 2016
View PaperAbstract
49. Bank Lending, Risk Taking And The Transmission Of Regulatory Policy: Evidence From India
Author(s) Jugnu Ansari Date Tuesday, September 15, 2015
View PaperAbstract
50. Determinants Of Commercial Banks’ Loan Pricing: Empirical Analysis Using Dynamic Panel Data Model
Author(s) Jugnu Ansari Date Thursday, July 30, 2015
View PaperAbstract

Search by Year

Search by Author

Search by Category

Copyright © 2020 Cafral. All Rights Reserved.