Publications / Economic Policy
Advisory2026-02-08Jigyasa Prabhakar, Shreshtha Aggarwal, Anirudh Venkatesan, Timothy Chummar
The Federal Reserve’s Payment Account supports payments innovation but suffers from vague rules; we propose clearer timelines, lighter burdens, and earlier supervision to enhance predictability and long-run effectiveness.
Request document access
Due to active consultation with federal agencies, full papers and advisory documents distribute on request. Approved readers receive a temporary download link.
Jigyasa Prabhakar, David Siu, Sharmili Karthik, Dymphna William, Timothy Chummar
Response to “Public consultation on taxation: Revisions to Chapter VII of the OECD Transfer Pricing Guidelines” (Organisation for Economic Co-operation and Development - Public Consultation)
Jigyasa Prabhakar , Subham Bajgai, David Siu, Timothy Chummar, Aadyant Singh Harnwal
The SEC proposes updating "small entity" definitions for investment companies, raising asset thresholds and adding inflation adjustments to reduce outdated regulatory burdens on smaller investment firms in modern markets.
Timothy Chummar, Aadyant Harnwal, Saathvik Valvekar, Stavros Iliadis, Anirudh Venkatesan, Ayushmaan Mukherjee, Shreshtha Aggarwal, Stamatis Pontikas, Chioma Okoro, Stanley Zhou
The paper analyzes how American tariff policy affects fiscal and macroeconomic fragility using two constructed indices, comparing short-run debt dynamics with broader open-economy transmission mechanisms.