NO : WP-2025-021 AUTHOR : Yogeshwar Bharat (SNU), Rajeswari Sengupta (IGIDR), Gautham Udupa (CAFRAL) TITLE : Is core inflation useful in predicting headline inflation? Evidence from a large, emerging economy ABSTRACT : Core inflation measure is widely tracked as a measure of trend inflation, but it does not forecast headline inflation well. In […]
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MAXIMUM ENTROPY SPECTRAL ANALYSIS by Dilip M.Nachane
NO : WP-2025-020 AUTHOR : Dilip M.Nachane TITLE : MAXIMUM ENTROPY SPECTRAL ANALYSIS ABSTRACT : The maximum entropy principle is characterized as assuming the least about the unknown parameters in a statistical model. In its applied manifestations, it uses all the available information and makes the fewest possible assumptions regarding the unavailable information. The […]
Rent-seeking and Reorganisation of Administrative Units by Gopakumar Achuthankutty, Ayushi Choudhary, and Rupayan Pal
NO : WP-2025-019 AUTHOR : Gopakumar Achuthankutty, Ayushi Choudhary, and Rupayan Pal TITLE : Rent-seeking and Reorganisation of Administrative Units ABSTRACT : We examine whether rent-seeking incentives shape a central planner’s decision to reorganise administrative units. In a two-stage group contest, risk-neutral administrative units compete for shares of a perfectly divisible public fund, with […]
Price Cluster Approach to Testing Market Integration and Identifying Its Determinants: Analysis for Indian Agriculture By Tirtha Chatterjee and A. Ganesh-Kumar
Bank capital and monetary policy transmission: Analyzing the central bank’s dilemma by Rajeswari Sengupta, Harsh Vardhan and Akhilesh Verma
Peer influence and inflation expectations: Evidence from households’ social comparisons by Taniya Ghosh and Abhishek Gorsi
Assessing inflation targeting in India by Ashima Goyal
NO : WP-2025-018 AUTHOR : Ashima Goyal TITLE : Assessing inflation targeting in India ABSTRACT : The literature expects it to take a long to establish inflation targeting (IT) in emerging markets, but the Indian experience suggests that suitable adaption of IT to domestic structure and shocks as well as circumstances can fast-track the […]
Does public debt deter donor financing for renewable energy? Evidence from low- and middle-income countries by Deepak Kushawaha
Quota Regulation under Corruption – Grand, Petty and the Cut-Money Culture by Ayushi Choudhary and Rupayan Pal
NO : WP-2025-017 AUTHOR : Ayushi Choudhary and Rupayan Pal TITLE : Quota Regulation under Corruption – Grand, Petty and the Cut-Money Culture ABSTRACT : This paper examines the implications of various forms of corruption—namely, grand corruption, petty corruption, and the cut-money culture—on the formulation and enforcement of regulatory policies. Focusing on quota regulation […]
Boys At Risk of Academic Decline? Evidence from a Longitudinal Study by Japneet Kaur
NO : WP-2025-016 AUTHOR : Japneet Kaur TITLE : Boys At Risk of Academic Decline? Evidence from a Longitudinal Study ABSTRACT : Using a unique longitudinal dataset tracking 116,026 students from Grade 1 to Grade 10, we examine the emergence, evolution, and drivers of gender gaps in academic achievement. We document large and […]
