Econometrics/Panel Models; Microeconomics; Modeling Micro-Exogeneity-Macro-Endogeneity; Analysis of error component models in the presence of externalities
Prof. Revankar’s early work is in the area of production theory, where he has contributed to some generalized production functions. His subsequent work studies issues in theoretical econometrics—formulation of weak exogeniety tests in structural models, construction of aggregate optimal price-quantity indexes exploiting supply – demand equations for individual markets, forecasting under price control and decontrol, analysis of the Pareto model when incomes are ‘underreported’, etc. His recent interests are in applied econometrics. And his current project aims to gain a comparative view of the bank behaviors in the U.S. and Japan over their respective financial crisis periods.