Financial economics

Do Islamic banks shift from mark-up to equity financing when their contracting environments are improved? (with Nafis Alam), Applied Economics Letters, 24(8), 545-548, 2017. Download; Working Paper;

Investors are unwilling to pay for corporate social responsibility activities: Evidence from India’s Companies Act 2013 (with Saumik Paul), MPRA Paper No. 61360, 2015. Download;

Family hardship and the growth of micro and small firms in Indonesia, Bulletin of Indonesian Economic Studies, 50(1), 53-73, 2014. Download (open access); Working Paper;

Bank ownership and efficiency in the aftermath of financial crises: Evidence from Indonesia (with Yohanes E. Riyanto), Review of Development Economics, 18(1), 93-106, 2014. Download (open access); Working Paper;

The impact of the strategic sale of restructured banks: Evidence from Indonesia (with Yohanes E. Riyanto), World Development, 40(3), 446–457, 2012. Download; Working Paper;

Do banks respond to capital requirements? Evidence from Indonesia (with Yohanes E. Riyanto), Applied Financial Economics, 21(9), 651-663, 2011. Download; Working Paper;

Exchange rate, monetary and financial issues and policies in Asia (with Ramkishen S. Rajan and Shandre M. Thangavelu), World Scientific, 2008. Google Book; Amazon; Website;