Theory without measurement can only have limited relevance for the analysis of actual economic problems. Whilst measurement without theory, being devoid of a framework necessary for the interpretation of the statistical observations, is unlikely to result in a satisfactory explanation of the way economic forces interact with each other. Neither ‘theory’ nor ‘measurement’ on their own is sufficient to further our understanding of economic phenomena.
– (Geweke, Horowitz & Pesaran, 2006); Econometrics: A Bird’s Eye View
Examining the empirical foundations of business cycle and growth theories. I place particular emphasis on understanding how human capital, social capital, and intellectual capital contribute to the broader dynamics of economic growth. I make a conscious distinction between Advanced Economies and Emerging Market Economies, recognizing that institutional structures, historical legacies, and macroeconomic constraints shape growth and labor dynamics in fundamentally different ways.
Analyzing the formal and informal institutional structures that underpin the process of wealth generation. The focus lies in identifying the institutional mechanisms that influence the outcome, and in quantifying the socio-economic variables that critically shape the degree and dynamics of inequality within societies. This analysis is conducted with an explicit historical perspective, recognizing that distributional outcomes are deeply embedded in the evolution of political economy frameworks over time.
I am the founder of Dialogue with Manhar. The objective, through this platform, is to be able to identify appropriate, and adequate, research ideas and implications of those ideas in terms of macroeconomic challenges facing the Advanced Economies (AEs) and Emerging Market Economies (EMEs). I make a conscious distinction between AEs and EMEs, recognising that institutional structures, historical legacies, and macroeconomic constraints shape growth and labour dynamics in fundamentally different ways.
My approach is to distill analytical research into its most essential form – because once the core abstraction is firmly grasped, the deeper ideas and arguments that surround it become far easier to build and appreciate. The format is long-form, intellectually serious, and uncompromising about ideas. I do not simplify for an assumed ignorant audience; I assume the audience is capable of rising to the level of the conversation. The link of the transcripts of the dialogues is here.
I am, also, the CEO & Founder of Academy for Data Sciences. It is an educational institute, with the headquarter in Pune, in the business of providing technical skills to students. I am working on a book titled ‘Data Sciences and Critical Thinking: How, and Why, Econometrics is, both, Data Sciences and Application of Critical Thinking Abilities’.
- The link to my Curriculum Vitae is here.
- I am working on my Ph.D. dissertation, from University of Madras, and will submit it by August, 2027. It is titled “Essays on Monetary Policy Rules.”
- I, also, serve as a Fellow at Tando Institute.
E-MAIL.
PODCASTS, COMING UP.
- Professor Charles Goodhart is coming up and it will be on his book titled The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival.
- Claudia Sham, at Sham Consulting, and it will be on the idea of Sham Rule.
- Professor Sheila Dow and it will be on the concept, and idea, of uncertainty in macroeconomic modelling.
- Marcus Nunes, from Sau Paulo, Brazil on his book, co-authored with Benjamin Cole, titled Market Monetarism Roadmap to Economic Prosperity.
- Professor Robert Hetzel on his book The Federal Reserve: A New History.
- Professor Scott Sumner on his book Alternative Approaches to Monetary Policy.
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Github – @Manhar123

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