Journal articles

Dilek Demirbas, Ila Patnaik, and Ajay Shah. Graduating to globalisation: A study of Southern multinationals. Indian Growth and Development Review, 6(2):242–259, October 2013 [pdf]

Ila Patnaik, Ajay Shah, and Nirvikar Singh. Foreign investors under stress: Evidence from India. International Finance, 16(2):213 – 244, 2013 [pdf]

Ila Patnaik and Ajay Shah. The investment technology of foreign and domestic institutional investors in an emerging market. Journal of International Money and Finance, 39(C):65–88, 2013 [pdf]

Chetan Ghate, Radhika Pandey, and Ila Patnaik. Has India emerged? Business cycle stylized facts from a transitioning economy. Structural Change and Economic Dynamics, 24, 2013 [pdf]

Ila Patnaik and Ajay Shah. Did the Indian capital controls work as a tool of macroeconomic policy? IMF Economic Review, 60(3):439–464, September 2012 [pdf]

Ila Patnaik, Abhijit Sen Gupta, and Ajay Shah. Determinants of trade misinvoicing. Open Economies Review, 23:891–910, 2012 [pdf]

Rudrani Bhattacharya, Ila Patnaik, and Ajay Shah. Export versus FDI in services. The World Economy, 35(1):61–78, 2012 [pdf]

Ajay Shah and Ila Patnaik. Foreign shareholding: A decomposition analysis. Applied Financial Economics, 21(10):743–746, 2011 [pdf]

Ila Patnaik, Ajay Shah, and Giovanni Veronese. How should inflation be measured in India? Economic and Political Weekly, XLVI(16):55–64, April 2011 [pdf]

Ila Patnaik, Ajay Shah, Anmol Sethy, and Vimal Balasubramaniam. The exchange rate regime in Asia: From crisis to crisis. International Review of Economics and Finance, 20(1):32–43, 2011 [pdf]

Achim Zeileis, Ajay Shah, and Ila Patnaik. Testing, monitoring, and dating structural changes in exchange rate regimes. Computational Statistics and Data Analysis, 54(6):1696–1706, 2010 [pdf]

Ila Patnaik and Ajay Shah. Does the currency regime shape unhedged currency exposure? Journal of International Money and Finance, 29(5):760–769, 2010 [pdf]

Ila Patnaik and Ajay Shah. Why India choked when Lehman broke. India Policy Forum, 6:39–73, 2009–10 [pdf]

Shruthi Jayaram, Ila Patnaik, and Ajay Shah. Examining the decoupling hypothesis for India. Economic and Political Weekly, XLIV(44):109–116, October 2009 [pdf]

Ila Patnaik and Ajay Shah. The difficulties of the Chinese and Indian exchange rate regimes. European Journal of Comparative Economics, 6(1):157–173, June 2009

Rudrani Bhattacharya, Ila Patnaik, and Ajay Shah. Early warnings of inflation in India. Economic and Political Weekly, November 2008 [pdf]

Ila Patnaik. India’s currency regime and its consequences. Economic and Political Weekly, 42(11):911–913, March 2007

Ila Patnaik. India’s experience with a pegged exchange rate. India Policy Forum, 3:189–226, 2006-07 [pdf]

Ila Patnaik and Rachna Sharma. Business cycles in the Indian economy. Margin, 35(1):71–79, October–December 2002 [pdf]

Ila Patnaik and Peter Pauly. The Indian foreign exchange market and the equilibrium real exchange rate of the rupee. Global Business Review, 2(2), 2001 [pdf]

Ila Patnaik and Deepa Vasudevan. Trade misinvoicing and capital flight from India. Journal of International Economic Studies, 14:99–108, March 2000 [pdf]

Ila Patnaik. Excess sensitivity and the permanent income hypothesis: Evidence from a developing country. Applied Economics Letters, 4:521–524, 1997 [pdf]