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. Relationship Bank Behavior During Borrower Distress
Author(s) Yan Li, Ruichang Lu, Anand SrinivasanView PaperAbstract2. Bank Dependence And Bank Financing In Corporate M&A
Author(s) Sheng Huang, Ruichang Lu and Anand SrinivasanView PaperAbstract3. Unintended Consequences Of Government Bailouts: Evidence From Bank-Dependent Borrowers Of Large Banks
Author(s) Yupeng Lin, Xin Liu and Anand SrinivasanView PaperAbstract4. The Effect Of Government Bank Lending: Evidence From The Financial Crisis In Japan
Author(s) Yupeng Lin, Anand Srinivasan and Takeshi YamadaView PaperAbstract5. Urban Sprawl And Rural Development: Theory And Evidence From India
Author(s) Viktoria Hnatkovska and Amartya LahiriView PaperAbstract7. Urbanization, Structural Transformation And Rural-Urban Disparities In China And India
Author(s) Viktoria Hnatkovska and Amartya LahiriView PaperAbstract8. Effects Of Demonetization: Evidence From 28 Slum Neighborhoods In Mumbai
Author(s) Deepa Krishnan and Stephan SiegelView PaperAbstract9. The Effect Of Relationships With Government-Owned Banks On Cash Flow Constraints: Evidence From India
Author(s) Anand Srinivasan and Ashok ThampyView PaperAbstract10. Are Women Really More Risk-Averse? The Lending Behaviour Of Women-Owned Cooperatives In India
Author(s) Jugnu Ansari and Saibal GhoshView PaperAbstract11. Loan Delinquency In Banking Systems: How Effective Are Credit Reporting Systems?
Author(s) Jugnu Ansari and Saibal GhoshView PaperAbstract12. Calibration Of Credit Default Probabilities In Discrete Default Intensity And Logit Models
Author(s) Anand Deo, Sandeep Juneja and Akash KalyaniView PaperAbstract13. The Progress Of Financial Inclusion In India: Insights From Multiple Waves Of Survey Data
Author(s) Manuela Kristin GüntherView PaperAbstract14. Bailouts And Bankruptcies: Corporate Distress, Troubled Debt Restructurings And Equity Stripping
Author(s) Saibal Ghosh, Ashiana SalianView PaperAbstract15. Underwriting Government Debt Auctions
Author(s) Sudip Gupta, Rangarajan K. Sundaram, Suresh SundaresanView PaperAbstract16. Homeownership And The American Dream - An Analysis Of Intergenerational Mobility EEcts
Author(s) Nirupama Kulkarni and Ulrike MalmendierView PaperAbstract17. Are Uniform Pricing Policies Unfair? Mortgage Rates, Credit Rationing, And Regional Inequality
Author(s) Nirupama KulkarniView PaperAbstract18. Historical Performance And Risk-Shifting In Mutual Funds
Author(s) Apoorva JavadekarView PaperAbstract19. Inattentive Investors And Mutual Fund-Flows
Author(s) Apoorva JavadekarView PaperAbstract20. Mutual Fund Flows When Manager Has Timing And Picking Skill
Author(s) Apoorva JavadekarView PaperAbstract21. Dynamic Portfolio Credit Risk And Large Deviations
Author(s) Sandeep JunejaView Paper22. Monetary Policy Under Financial Exclusion
Author(s) Amartya Lahiri, Rajesh SinghView PaperAbstract23. Competition For Underwriting: Implications For Information Production And Insurance
Author(s) Sudip Gupta, Rangarajan K Sundaram, M Suresh SundaresanView PaperAbstract24. Central Banks And Dynamics Of Bond Market Liquidity
Author(s) Prachi Deuskar, Timothy C JohnsonView PaperAbstract25. Banking Regulation, Implicit Government Guarantee And Bank Risk Taking Behavior
Author(s) Jugnu AnsariView PaperAbstract26. Bank Lending, Risk Taking And The Transmission Of Regulatory Policy: Evidence From India
Author(s) Jugnu AnsariView PaperAbstract27. Monetary Transmission, Ownership And Crisis: How Robust Is The Indian Evidence?
Author(s) Jugnu Ansari, Saibal GhoshView PaperAbstract28. Product Diversification And Bank Risk Taking Behavior: An Empirical Evidence From Indian Banking System
Author(s) Jugnu AnsariView PaperAbstract29. Determinants Of Commercial Banks’ Loan Pricing: Empirical Analysis Using Dynamic Panel Data Model
Author(s) Jugnu AnsariView PaperAbstract30. Optimality Of Base Rate System Of Loan Pricing Of A Developing And Emerging Market Economy: An Evaluation
Author(s) Jugnu Ansari, Ashima GoyalView PaperAbstract31. Banks Competition, Managerial Efficiency And The Interest Rate Pass-Through In India
Author(s) Jugnu Ansari, Ashima GoyalView PaperAbstract32. Interest Rate Pass-Through And Determinants Of Commercial Banks’ Loan Pricing Decisions In India: Empirical Evidence From Dynamic Panel Data Model
Author(s) Sarat Dhal, Jugnu AnsariView PaperAbstract33. Financial Stability, Economic Growth, Inflation And Monetary Policy Linkages In India: An Empirical Reflection
Author(s) Sarat Dhal, Purnendu Kumar, Jugnu Ansari Publication
Reserve Bank of India Occasional PapersView PaperAbstract34. A Theoretical And Empirical Analysis Of Interest Rate Pass-Through In India With Regulatory Requirements
Author(s) Jugnu Ansari Publication
Beykent University Journal of Social SciencesView PaperAbstract35. A New Measure Of Competition In Indian Loan Markets
Author(s) Jugnu Ansari Publication
International Journal of Finance & Banking StudiesView PaperAbstract36. Competition And Momentum Profits
Author(s) Gerard Hoberg, Nitin Kumar, Nagpurnanand PrabhalaView PaperAbstract37. Mutual Fund Competition, Managerial Skill, And Alpha Persistence
Author(s) Gerard Hoberg, Nitin Kumar, Nagpurnanand PrabhalaView PaperAbstract38. The Transmission Of Monetary Policy Within Banks: Evidence From India
Author(s) Abhiman Das, Prachi Mishra, Nagpurnanand PrabhalaView PaperAbstract39. CEO-Director Connections And Corporate Fraud: Not Just Whether You Are Connected But How
Author(s) N K Chidambaran, Simi Kedia, Nagpurnanand PrabhalaView PaperAbstract40. Venture Capital Communities
Author(s) Amit Bubna, Sanjiv R Das, Nagpurnanand PrabhalaView PaperAbstract41. Creditor Rights And Relationship Banking: Evidence From A Policy Experiment
Author(s) Gursharan Bhue, Nagpurnanand Prabhala, Prasanna TantriView PaperAbstract42. Do Programs Mandating Small Business Lending Disincentivize Growth? Evidence From A Policy Experiment
Author(s) Gursharan Bhue, Nagpurnanand Prabhala, Prasanna TantriView PaperAbstract43. The Power Of Shareholder Votes: Evidence From Director Elections
Author(s) Reena Aggarwal, Sandeep Dahiya, Nagpurnanand PrabhalaView PaperAbstract