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Parantap Basu

Personal Details

First Name:Parantap
Middle Name:
Last Name:Basu
RePEc Short-ID:pba671
[This author has chosen not to make the email address public]


Business School
Durham University

Durham, United Kingdom
RePEc:edi:bsduruk (more details at EDIRC)

Research output

Jump to: Working papers Articles Chapters

Working papers

  1. Anurag Banerjee & Parantap Basu & Elisa Keller, 2021. "Cross-country Disparities in Skill Premium and Skill Acquisition," Working Papers 2021_01, Durham University Business School.
  2. Parantap Basu & Rajesh Raj Natarajan & Kunal Sen, 2020. "Administrative failures in anti-poverty programmes and household welfare: An investigation of India's employment guarantee programme," WIDER Working Paper Series wp-2020-41, World Institute for Development Economic Research (UNU-WIDER).
  3. Parantap Basu & Tooraj Jamasb, 2019. "On Green Growth with Sustainable Capital," Working Papers 2019_06, Durham University Business School.
  4. Shesadri Banerjee & Parantap Basu & Chetan Ghate & Pawan Gopalakrishnan & Sargam Gupta, 2018. "A Monetary Business Cycle Model for India," Discussion Papers 18-02, Indian Statistical Institute, Delhi.
  5. Parantap Basu & Kenji Wada, 2018. "Unconventional Monetary Policy and the Bond Market in Japan: A New-Keynesian Perspective," IMES Discussion Paper Series 18-E-12, Institute for Monetary and Economic Studies, Bank of Japan.
  6. Parantap Basu & Yoseph Getachew, 2017. "Redistributive Innovation Policy, Inequality and Efficiency," CEGAP Working Papers 2017_02, Durham University Business School.
  7. Anurag Banerjee & Parantap Basu & Elisa Keller, 2016. "Business Cost and Skill Acquisition," CEGAP Working Papers 2016_01, Durham University Business School.
  8. Parantap Basu & Shesadri Banerjee, 2015. "Effect of Quantitative Easing on the Indian Economy: A Dynamic Stochastic General Equilibrium Perspective," CEGAP Working Papers 2015_03, Durham University Business School.
  9. Basu, Parantap & Sen, Kunal, 2015. "Welfare Implications of India's Employment Guarantee Programme with a Wage Payment Delay," IZA Discussion Papers 9454, Institute of Labor Economics (IZA).
  10. Shesadri Banerjee & Parantap Basu, 2015. "A Dynamic Stochastic General Equilibrium Model for India," NCAER Working Papers 109, National Council of Applied Economic Research.
  11. Parantap Basu & Sigit Sulistiyo Wibowo, 2015. "An Empirical Investigation of Risk Sharing among Indonesian Households," CEGAP Working Papers 2015_02, Durham University Business School.
  12. Parantap Basu, 2014. "Quantitative Easing in an Endogenous Growth Model," CEGAP Working Papers 2014_01, Durham University Business School.
  13. Parantap Basu & Sanjay Banerji, 2013. "Universal Banking, Asymmetric Information and the Stock Market," CEGAP Working Papers 2013_07, Durham University Business School.
  14. Anurag N Banerjee & Parantap Basu, 2011. "Who pays for job training?," Working Papers 2011_08, Durham University Business School.
  15. Parantap Basu & Robert Kollmann, 2010. "Productive Government Purchases and the Real Exchange Rate," Working Papers ECARES 2010_001, ULB -- Universite Libre de Bruxelles.
  16. William T. Gavin & Parantap Basu, 2010. "Negative Correlation between Stock and Futures Returns: An Unexploited Hedging Opportunity?," 2010 Meeting Papers 1163, Society for Economic Dynamics.
  17. Armellini, Mauricio & Basu, Parantap, 2010. "Altrusim. Education Subsidy and Growth," MPRA Paper 23653, University Library of Munich, Germany.
  18. Basu, Parantap & Semenov, Andrei & Wada, Kenji, 2009. "Uninsurable Risk and Financial Market Puzzles," MPRA Paper 23351, University Library of Munich, Germany.
  19. Basu, Parantap & Gillman, Max & Pearlman, Joseph, 2009. "Inflation, Human Capital and Tobin's q," Cardiff Economics Working Papers E2009/16, Cardiff University, Cardiff Business School, Economics Section.
  20. Parantap Basu, 2007. "Understanding Labour Market Frictions: A Tobin’s Q Approach," Money Macro and Finance (MMF) Research Group Conference 2006 35, Money Macro and Finance Research Group.
  21. Parantap Basu, 2006. "Understanding Labour Market Frictions: A Tobin’s Q Approach," CDMA Conference Paper Series 0601, Centre for Dynamic Macroeconomic Analysis.
  22. Sanjay Banerjee & Parantap Basu, 2005. "Uninsured Risks, Loan Contracts and the Declining Equity Premium," CDMA Conference Paper Series 0502, Centre for Dynamic Macroeconomic Analysis.
  23. Parantap Basu & Alessandra Guariglia, 2004. "Inequality and Industrialization," CDMA Conference Paper Series 0401, Centre for Dynamic Macroeconomic Analysis.
  24. Thomas Renstrom & Parantap Basu, 2004. "Optimal dynamic taxation with indivisible labor," Money Macro and Finance (MMF) Research Group Conference 2003 78, Money Macro and Finance Research Group.
  25. Parantap Basu & Elie Appelbaum, 2004. "A New Methodology For Studying The Equity Premium," Royal Economic Society Annual Conference 2004 72, Royal Economic Society.
  26. Elie Appelbaum & Parantap Basu, 2002. "Estimation of the Saving Function without Expected Utility," Working Papers 2002_13, York University, Department of Economics.
  27. Debasis Bandyopadhyay & Parantap Basu, 2000. "The Growth-Inequality Relationship in a Model with Discrete Occupational Choice and Redistributive Tax," Econometric Society World Congress 2000 Contributed Papers 0809, Econometric Society.
  28. Parantap Basu & Thomas Renstrom, "undated". "When to Tax Labor?," Wallis Working Papers WP28, University of Rochester - Wallis Institute of Political Economy.


  1. Basu Parantap & Bell Clive & Edwards Terence Huw, 2022. "COVID Social Distancing and the Poor: An Analysis of the Evidence for England," The B.E. Journal of Macroeconomics, De Gruyter, vol. 22(1), pages 211-240, January.
  2. Parantap Basu & Ritwik Mazumder, 2021. "Regional disparity of covid-19 infections: an investigation using state-level Indian data," Indian Economic Review, Springer, vol. 56(1), pages 215-232, June.
  3. Shesadri Banerjee & Parantap Basu & Chetan Ghate, 2020. "A Monetary Business Cycle Model For India," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1362-1386, July.
  4. Parantap Basu & Yoseph Getachew, 2020. "Redistributive innovation policy, inequality, and efficiency," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(3), pages 532-554, June.
  5. Parantap Basu & Keshab Bhattarai & Yoseph Getachew, 2019. "Capital adjustment cost and inconsistency in income‐based dynamic panel models with fixed effects," German Economic Review, Verein für Socialpolitik, vol. 20(4), pages 1002-1018, November.
  6. Parantap Basu & William T. Gavin, 2017. "Negative Correlation Between Stock And Futures Returns: An Unexploited Hedging Opportunity?," Bulletin of Economic Research, Wiley Blackwell, vol. 69(3), pages 209-215, July.
  7. Parantap Basu & Robert Kollmann, 2013. "Productive Government Purchases And The Real Exchange Rate," Manchester School, University of Manchester, vol. 81(4), pages 461-469, July.
  8. Parantap Basu & Keshab Bhattarai, 2012. "Cognitive Skills, Openness and Growth," The Economic Record, The Economic Society of Australia, vol. 88(280), pages 18-38, March.
  9. Parantap Basu & Keshab Bhattarai, 2012. "Government Bias in Education, Schooling Attainment, and Long‐Run Growth," Southern Economic Journal, John Wiley & Sons, vol. 79(1), pages 127-143, July.
  10. Parantap Basu & William T. Gavin, 2011. "What explains the growth in commodity derivatives?," Review, Federal Reserve Bank of St. Louis, vol. 93(Jan), pages 37-48.
  11. Parantap Basu & Christoph Thoenissen, 2011. "International business cycles and the relative price of investment goods," Canadian Journal of Economics, Canadian Economics Association, vol. 44(2), pages 580-606, May.
  12. Elie Appelbaum & Parantap Basu, 2010. "A new methodology for studying the equity premium," Annals of Operations Research, Springer, vol. 176(1), pages 109-126, April.
  13. Parantap Basu, 2010. "Government Purchases and the Real Exchange Rate: A Comment," Open Economies Review, Springer, vol. 21(1), pages 65-67, February.
  14. Parantap Basu, 2009. "Understanding Labour Market Frictions: An Asset Pricing Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 61(4), pages 305-324, October.
  15. Parantap Basu & Alessandra Guariglia, 2008. "Does Low Education Delay Structural Transformation?," Southern Economic Journal, John Wiley & Sons, vol. 75(1), pages 104-127, July.
  16. Basu, Parantap & Guariglia, Alessandra, 2007. "Foreign Direct Investment, inequality, and growth," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 824-839, December.
  17. Basu, Parantap & Wada, Kenji, 2006. "Is low international risk sharing consistent with a high equity premium? A reconciliation of two puzzles," Economics Letters, Elsevier, vol. 93(3), pages 436-442, December.
  18. Debasis Bandyopadhyay & Parantap Basu, 2005. "What drives the cross-country growth and inequality correlation?," Canadian Journal of Economics, Canadian Economics Association, vol. 38(4), pages 1272-1297, November.
  19. Parantap Basu & Laura Marsiliani & Thomas I. Renström, 2004. "Optimal Dynamic Taxation with Indivisible Labour," Manchester School, University of Manchester, vol. 72(s1), pages 34-54, September.
  20. Parantap Basu & Chandana Chakraborty & Derrick Reagle, 2003. "Liberalization, FDI, and Growth in Developing Countries: A Panel Cointegration Approach," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 510-516, July.
  21. Chandana Chakraborty & Parantap Basu, 2002. "Foreign direct investment and growth in India: a cointegration approach," Applied Economics, Taylor & Francis Journals, vol. 34(9), pages 1061-1073.
  22. Basu, Parantap & Samanta, Prodyot, 2001. "Volatility and stock prices: implications from a production model of asset pricing," Economics Letters, Elsevier, vol. 70(2), pages 229-235, February.
  23. Basu, Parantap, 2001. "Reserve Ratio, Seigniorage and Growth," Journal of Macroeconomics, Elsevier, vol. 23(3), pages 397-416, July.
  24. Basu, Parantap & Ghosh, Satyajit, 2001. "Tax rate uncertainty, labor supply and saving in a nonexpected utility maximizing model," The Quarterly Review of Economics and Finance, Elsevier, vol. 41(1), pages 49-68.
  25. Banerjee, Anurag N & Basu, Parantap, 2001. "A Re-examination of the Excess Smoothness Puzzle When Consumers Estimate the Income Process," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 20(5), pages 357-366, August.
  26. Basu, Parantap & Ghosh, Satyajit & Kallianiotis, Ioannis, 2001. "Interest rate risk, labor supply and unemployment," Economic Modelling, Elsevier, vol. 18(2), pages 223-231, April.
  27. Debasis Bandyopadhyay & Parantap Basu, 2001. "Redistributive Tax and Growth in a Model with Discrete Occupational Choice," Australian Economic Papers, Wiley Blackwell, vol. 40(2), pages 111-132, June.
  28. Basu, Parantap & Salyer, Kevin D, 2001. "A Note on Modelling Money Demand in Growing Economies," Bulletin of Economic Research, Wiley Blackwell, vol. 53(1), pages 53-60, January.
  29. Renato E. Reside Jr. & Parantap Basu, 1996. "Inflation, Growth and Policy Coordination," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 33(2), pages 253-282, December.
  30. Parantap Basu & Pami Dua, 1996. "Velocity instability in the USA: a monetary or real phenomenon?," Applied Economics Letters, Taylor & Francis Journals, vol. 3(9), pages 581-585.
  31. Basu, Parantap & Dua, Pami, 1996. "The behavior of velocity and nominal interest rates in a cash-in-advance model," Journal of Macroeconomics, Elsevier, vol. 18(3), pages 463-478.
  32. Vinod, H. D. & Basu, Parantap, 1995. "Forecasting consumption, income and real interest rates from alternative state space models," International Journal of Forecasting, Elsevier, vol. 11(2), pages 217-231, June.
  33. Basu, Parantap, 1995. "Tax rate uncertainty and the sensitivity of consumption to income in an overlapping generations model," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 421-439.
  34. Parantap Basu, 1994. "Capital risk and consumption puzzles: A pedagogical note," Journal of Economics, Springer, vol. 60(1), pages 99-107, February.
  35. Parantap Basu, 1993. "Mean Reversion in GNP and Stock Prices: An Adjustment Cost Hypothesis," Kyklos, Wiley Blackwell, vol. 46(1), pages 87-104, February.
  36. Basu, Parantap & McLeod, Darryl, 1991. "Terms of trade fluctuations and economic growth in developing economies," Journal of Development Economics, Elsevier, vol. 37(1-2), pages 89-110, November.
  37. Basu, Parantap, 1990. "A martingale theory of asset pricing in a production economy," Mathematical Social Sciences, Elsevier, vol. 20(3), pages 215-225, December.
  38. Basu, Parantap, 1990. "Business cycles with endogenous growth: A parametric example," Journal of Macroeconomics, Elsevier, vol. 12(3), pages 475-481.
  39. Basu, Parantap, 1987. "An Adjustment Cost Model of Asset Pricing," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(3), pages 609-621, October.
  40. Basu, Parantap, 1987. "An optimal redistributive capital income tax formula for an economy with public investment," Economics Letters, Elsevier, vol. 23(1), pages 79-82.
  41. Basu, Parantap & Chib, Siddhartha, 1985. "Equity premium in a production economy : A parametric example," Economics Letters, Elsevier, vol. 18(1), pages 53-58.


  1. Parantap Basu, 2009. "Too Hungry to Read: Is an Education Subsidy a Misguided Policy for Development?," Chapters, in: Robert J. Brent (ed.), Handbook of Research on Cost–Benefit Analysis, chapter 13, Edward Elgar Publishing.

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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-DGE: Dynamic General Equilibrium (10) 2009-10-03 2010-07-17 2010-09-03 2011-09-22 2011-09-22 2016-09-18 2016-09-25 2017-02-26 2019-02-11 2021-03-22. Author is listed
  2. NEP-MAC: Macroeconomics (6) 2006-10-14 2019-02-11 2019-10-07 2020-05-18 2020-07-13 2021-03-22. Author is listed
  3. NEP-LAB: Labour Economics (5) 2006-10-14 2007-04-09 2010-09-03 2011-09-22 2011-09-22. Author is listed
  4. NEP-DEV: Development (4) 2010-09-03 2016-09-18 2016-09-18 2017-05-28
  5. NEP-HRM: Human Capital & Human Resource Management (4) 2009-10-03 2010-07-17 2010-09-03 2011-09-22
  6. NEP-PBE: Public Economics (4) 2015-11-07 2016-09-18 2017-02-26 2017-10-15
  7. NEP-EDU: Education (3) 2010-09-03 2011-09-22 2011-09-22
  8. NEP-ENE: Energy Economics (3) 2019-10-07 2020-05-18 2020-07-13
  9. NEP-ENV: Environmental Economics (3) 2019-10-07 2020-05-18 2020-07-13
  10. NEP-FDG: Financial Development & Growth (3) 2010-07-17 2010-09-03 2011-09-22
  11. NEP-SOC: Social Norms & Social Capital (3) 2010-07-17 2010-09-03 2011-09-22
  12. NEP-SOG: Sociology of Economics (3) 2016-09-18 2016-09-18 2016-09-18
  13. NEP-BEC: Business Economics (2) 2009-10-03 2010-06-26
  14. NEP-CBA: Central Banking (2) 2009-10-03 2019-02-11
  15. NEP-FMK: Financial Markets (2) 2005-12-01 2007-11-10
  16. NEP-GRO: Economic Growth (2) 2019-10-07 2020-05-18
  17. NEP-INO: Innovation (2) 2017-02-26 2017-10-15
  18. NEP-MON: Monetary Economics (2) 2016-09-25 2019-02-11
  19. NEP-SEA: South East Asia (2) 2016-09-18 2017-05-28
  20. NEP-CFN: Corporate Finance (1) 2005-12-01
  21. NEP-IAS: Insurance Economics (1) 2010-06-26
  22. NEP-IFN: International Finance (1) 2010-01-16
  23. NEP-LMA: Labor Markets - Supply, Demand, & Wages (1) 2021-03-22
  24. NEP-OPM: Open Economy Macroeconomics (1) 2010-01-16
  25. NEP-RES: Resource Economics (1) 2019-10-07


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