Research Areas

Macro/monetary: dynamic macroeconomics, microfoundations of money, credit markets and payment systems. 

Development: economic growth, education policy, child labour.

Selected Publications

• Inter-bank lending and systemic risk, (with G. Iori and F. Padilla), Journal of Economic Behavior and Organisation, forthcoming. 
• Food for education and education quality: A comparison of policy options to reduce child labour, (with S. Lahiri), Canadian Journal of Economics, May 2005
• Education, child labour and development (with S. Lahiri), in G. Johnes  and J. Johnes (eds.) International Handbook on the Economics of Education, Edward Elgar, 2005. 
• 'Export experience' under borrowing constraints, (with S. Lahiri), Review of International Economics, v.12, 2004, 844-854.  
• Output, prices and the velocity of money in search equilibrium, (with A. Masters), Journal of Money, Credit and Banking, v.35, 2003, 871-888.
• Can trade sanctions reduce child labour? The role of credit markets, (with S. Lahiri), Journal of Development Economics, v.68, 2002, 137-156.
• Criticality in a model of banking crises, (with G. Iori), Physica A, v.299, 2001, 205-212.
• Limited commitment, money and credit, (with P. Rupert), Journal of Economic Theory, v.99, 2001, 22-58.
• Child labour: Theory, policy and evidence, (with S. Lahiri), World Economics, v.2, 2001, 69-93.
• Les droits de l'enfant en Asie du Sud: Pourquoi est-ce un probleme? (with S. Lahiri), Bulletin de Droit Compare du Travail et de la Securite Sociale, 2000, 177-190. 
• Guestworker migration, remittances and the extended family: Evidence from Pakistan, (with N. Ilahi), Journal of Development Economics, v.58, 1999, 485-512.

Working Papers (in PDF format)