2 papers
econ.TH2026
The Economics of War: Militarization and Growth in an AK Economy
Arpan Chakraborty
This paper analyzes the macroeconomic consequences of military spending and militarization within a dynamic growth framework. Building on a Keynesian goods-market model, we examine…
econ.GN2025
Behavioral Expectations in New Keynesian DSGE Models: Evidence from India's COVID-19 Recovery and Vaccination Program
Arpan Chakraborty, Siddhartha Chattopadhyay
This paper extends the New Keynesian Dynamic Stochastic General Equilibrium (DSGE) framework by incorporating behavioral expectations to analyze the moments of India's output gap a…