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Ila Patnaik

Personal Details

First Name:Ila
Middle Name:
Last Name:Patnaik
RePEc Short-ID:ppa192
National Institute of Public Finance and Policy Satsang Vihar Marg New Delhi 110067 INDIA
Terminal Degree:1997 School of Economics; University of Surrey (from RePEc Genealogy)


National Institute of Public Finance and Policy

New Delhi, India, India

: (011) 26563688, 26569780
(011) 26852548
18/2, Satsang Vihar Marg, Special Institutional Area, New Delhi
RePEc:edi:nipfpin (more details at EDIRC)

Research output

Jump to: Working papers Articles Chapters

Working papers

  1. Radhika Pandey & Ila Patnaik & Ajay Shah, 2018. "Business Cycle Measurement in India," Working Papers id:12559, eSocialSciences.
  2. Shekhar Hari Kumar & Ila Patnaik, 2018. "Internationalisation of the Rupee," Working Papers id:12551, eSocialSciences.
  3. Ila Patnaik, 2016. "Where is India’s Growth Headed?," Working Papers id:8436, eSocialSciences.
  4. Radhika Pandey & Gurnain Pasricha & Ila Patnaik & Ajay Shah, 2015. "Motivations for Capital Controls and Their Effectiveness," Staff Working Papers 15-5, Bank of Canada.
  5. Bhattacharya,Rudrani & Patnaik,Ila, 2015. "Financial inclusion, productivity shocks, and consumption volatility in emerging economies," Policy Research Working Paper Series 7288, The World Bank.
  6. Patnaik, Ila & Pundit, Madhavi, 2014. "Is India's Long-Term Trend Growth Declining?," ADB Economics Working Paper Series 424, Asian Development Bank.
  7. Ila Patnaik & Ajay Shah & Nirvikar Singh, 2013. "Foreign Investors Under Stress; Evidence from India," IMF Working Papers 13/122, International Monetary Fund.
  8. Rudrani Bhattacharya & Ila Patnaik, 2013. "Credit Constraints, Productivity Shocks and Consumption Volatility in Emerging Economies," IMF Working Papers 13/120, International Monetary Fund.
  9. Ila Patnaik & Ajay Shah, 2013. "The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market," IMF Working Papers 13/90, International Monetary Fund.
  10. Gupta, Apoorva & Patnaik, Ila & Shah, Ajay, 2013. "Learning by Exporting: Evidence from India," Working Papers on Regional Economic Integration 119, Asian Development Bank.
  11. Sanjay Banerji & Krishna Gangopadhyay & Ila Patnaik & Ajay Shah, 2012. "New Thinking on Corporate Bond Market in India," Working Papers id:5061, eSocialSciences.
  12. Ila Patnaik & Ajay Shah, 2011. "India's Financial Globalisation," IMF Working Papers 11/7, International Monetary Fund.
  13. Ila Patnaik & Ajay Shah & Rudrani Bhattacharya, 2011. "Monetary Policy Transmission in an Emerging Market Setting," IMF Working Papers 11/5, International Monetary Fund.
  14. Chetan Ghate & Radhika Pandey & Ila Patnaik, 2011. "Has India emerged? Business cycle stylized facts from a transitioning economy," Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers 11-05, Indian Statistical Institute, New Delhi, India.
  15. International Monetary Fund, 2010. "Export Versus FDI in Services," IMF Working Papers 10/290, International Monetary Fund.
  16. Ajay Shah & Ila Patnaik & Matthieu Stigler, 2010. "Understanding the ADR premium under market segmentation," Working Papers id:2826, eSocialSciences.
  17. Ajay Shah & Ila Patnaik & Dilek Demirbas, 2010. "Graduating to Globalisation: A Study of Southern Multinationals," Working Papers id:2422, eSocialSciences.
  18. Ajay Shah & Ila Patnaik, 2010. "Foreign Shareholding: A Decomposition Analysis," Working Papers id:3176, eSocialSciences.
  19. Ajay Shah & Ila Patnaik & Anmol Sethy & Vimal Balasubramaniam, 2010. "The Exchange Rate Regime in Asia: From Crisis to Crisis," Working Papers id:2582, eSocialSciences.
  20. Patnaik, Ila & Shah, Ajay, 2010. "Asia Confronts the Impossible Trinity," ADBI Working Papers 204, Asian Development Bank Institute.
  21. Ajay Shah & Ila Patnaik, 2010. "Why India Choked when Lehman Broke," Working Papers id:2362, eSocialSciences.
  22. Ajay Shah & Abhijit Sen Gupta & Ila Patnaik, 2010. "Determinants of Trade Misinvoicing," Working Papers id:3199, eSocialSciences.
  23. Ajay Shah & Ila Patnaik, 2009. "The Difficulties of the Chinese and Indian Exchange Rate Regimes," Working Papers id:2321, eSocialSciences.
  24. Ajay Shah & Ila Patnaik, 2009. "Does the Currency Regime Shape Unhedged Currency Exposure?," Working Papers id:2049, eSocialSciences.
  25. Ajay Shah & Ila Patnaik & Shruthi Jayaram, 2009. "Examining the Decoupling Hypothesis for India," Working Papers id:2119, eSocialSciences.
  26. Ajay Shah & Ila Patnaik, 2008. "Managing Capital Flows: The Case of India," Working Papers id:1570, eSocialSciences.
  27. Ajay Shah & Ila Patnaik & Rudrani Bhattacharya, 2008. "Early Warnings of Inflation in India," Working Papers id:1682, eSocialSciences.
  28. Ila Patnaik, 2007. "The Indian Currency Regime and its Consequences," Working Papers id:1062, eSocialSciences.
  29. Ila Patnaik & Ajay Shah, 2005. "Interest-rate risk in the Indian banking system," Risk and Insurance 0501003, University Library of Munich, Germany.
  30. Ajay Shah & Ila Patnaik, 2005. "India's Experience with Capital Flows: The Elusive Quest for a Sustainable Current Account Deficit," NBER Working Papers 11387, National Bureau of Economic Research, Inc.
  31. International Monetary Fund, 2004. "Interest Rate Volatility and Risk in Indian Banking," IMF Working Papers 04/17, International Monetary Fund.


  1. Patnaik, Ila & Felman, Joshua & Shah, Ajay, 2017. "An exchange market pressure measure for cross country analysis," Journal of International Money and Finance, Elsevier, vol. 73(PA), pages 62-77.
  2. Radhika Pandey & Ila Patnaik & Ajay Shah, 2017. "Dating business cycles in India," Indian Growth and Development Review, Emerald Group Publishing, vol. 10(1), pages 32-61, April.
  3. Rudrani Bhattacharya & Ila Patnaik, 2016. "Financial Inclusion, Productivity Shocks, and Consumption Volatility in Emerging Economies," World Bank Economic Review, World Bank Group, vol. 30(1), pages 171-201.
  4. Patnaik, Ila & Shah, Ajay, 2013. "The investment technology of foreign and domestic institutional investors in an emerging market," Journal of International Money and Finance, Elsevier, vol. 39(C), pages 65-88.
  5. Dilek Demirbas & Ila Patnaik & Ajay Shah, 2013. "Graduating to globalisation: a study of Southern multinationals," Indian Growth and Development Review, Emerald Group Publishing, vol. 6(2), pages 242-259, November.
  6. Ila Patnaik & Ajay Shah & Nirvikar Singh, 2013. "Foreign Investors under Stress: Evidence From India," International Finance, Wiley Blackwell, vol. 16(2), pages 213-244, June.
  7. Ila Patnaik & Ajay Shah, 2012. "Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 60(3), pages 439-464, September.
  8. Ila Patnaik & Abhijit Sen Gupta & Ajay Shah, 2012. "Determinants of Trade Misinvoicing," Open Economies Review, Springer, vol. 23(5), pages 891-910, November.
  9. Rudrani Bhattacharya & Ila Patnaik & Ajay Shah, 2012. "Export Versus FDI in Services," The World Economy, Wiley Blackwell, vol. 35(1), pages 61-78, January.
  10. Patnaik, Ila & Shah, Ajay & Sethy, Anmol & Balasubramaniam, Vimal, 2011. "The exchange rate regime in Asia: From crisis to crisis," International Review of Economics & Finance, Elsevier, vol. 20(1), pages 32-43, January.
  11. Ajay Shah & Ila Patnaik, 2011. "Foreign shareholding: a decomposition analysis," Applied Financial Economics, Taylor & Francis Journals, vol. 21(10), pages 743-746.
  12. Patnaik, Ila & Shah, Ajay, 2010. "Does the currency regime shape unhedged currency exposure?," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 760-769, September.
  13. Patnaik, Ila & Shah, Ajay, 2010. "Why India Choked when Lehman Broke," India Policy Forum, National Council of Applied Economic Research, vol. 6(1), pages 39-72.
  14. Zeileis, Achim & Shah, Ajay & Patnaik, Ila, 2010. "Testing, monitoring, and dating structural changes in exchange rate regimes," Computational Statistics & Data Analysis, Elsevier, vol. 54(6), pages 1696-1706, June.
  15. Ila Patnaik & Ajay Shah, 2009. "The difficulties of the Chinese and Indian exchange rate regimes," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(1), pages 157-173, June.
  16. Ila Patnaik, 2004. "India's Experience with a Pegged Exchange Rate," India Policy Forum, Global Economy and Development Program, The Brookings Institution, vol. 1(1), pages 189-226.
  17. Ila Patnaik & Peter Pauly, 2001. "The Indian Foreign Exchange Market and the Equilibrium Real Exchange Rate of the Rupee," Global Business Review, International Management Institute, vol. 2(2), pages 195-212, August.
  18. Ila Patnaik, 1997. "Poverty, excess sensitivity and the permanent income hypothesis: evidence from a developing country," Applied Economics Letters, Taylor & Francis Journals, vol. 4(8), pages 521-524.


  1. Ila Patnaik & Ajay Shah, 2012. "Asia Confronts the Impossible Trinity," Chapters,in: Monetary and Currency Policy Management in Asia, chapter 7 Edward Elgar Publishing.
  2. Ajay Shah & Ila Patnaik, 2010. "Managing Capital Flows: The Case of India," Chapters,in: Managing Capital Flows, chapter 9 Edward Elgar Publishing.
  3. Ajay Shah & Ila Patnaik, 2007. "India's Experience with Capital Flows: The Elusive Quest for a Sustainable Current Account Deficit," NBER Chapters,in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, pages 609-644 National Bureau of Economic Research, Inc.

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 24 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-IFN: International Finance (15) 2005-06-05 2009-07-03 2009-12-11 2010-02-20 2010-02-27 2010-06-26 2010-09-18 2010-11-27 2010-11-27 2011-01-03 2011-02-26 2011-02-26 2013-09-28 2013-09-28 2015-02-11. Author is listed
  2. NEP-CWA: Central & Western Asia (9) 2005-01-23 2005-10-22 2009-07-03 2009-07-17 2009-12-11 2010-01-30 2010-02-20 2010-02-27 2010-06-26. Author is listed
  3. NEP-MAC: Macroeconomics (9) 2009-07-17 2009-12-11 2010-02-20 2010-04-17 2011-02-26 2011-02-26 2012-03-28 2013-09-26 2015-01-26. Author is listed
  4. NEP-MON: Monetary Economics (7) 2009-07-03 2009-12-11 2010-02-20 2010-04-17 2010-06-26 2011-02-26 2011-02-26. Author is listed
  5. NEP-CBA: Central Banking (3) 2010-06-26 2011-02-26 2015-02-11
  6. NEP-DGE: Dynamic General Equilibrium (3) 2012-03-28 2013-09-26 2015-06-13
  7. NEP-INT: International Trade (3) 2010-02-27 2011-01-03 2013-10-05
  8. NEP-SEA: South East Asia (3) 2010-02-20 2010-04-17 2010-06-26
  9. NEP-FIN: Finance (2) 2005-01-23 2005-10-22
  10. NEP-EFF: Efficiency & Productivity (1) 2010-02-27
  11. NEP-FMK: Financial Markets (1) 2005-10-22
  12. NEP-OPM: Open Economy Macroeconomics (1) 2010-04-17


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