NO : WP-2024-007 AUTHOR : Srijit Mishra TITLE : Multidimensional Index: A Note ABSTRACT : This paper identifies the problem of information loss in computation of multidimensional index on account of cut-offs between and within dimensions. The former refers to the cutoff across dimensions on account of headcount fetish and the latter points […]
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Smoothing consumption in times of illness: Household recourse mechanisms by Abhishek Dureja and Digvijay S. Negi
Inefficient shocks and optimal monetary policy by Sargam Gupta
Measuring monetary policy shocks in emerging economies: Evidence from India by Aeimit Lakdawal and Rajeswari Sengupta
STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION
NO : WP-2024-006 AUTHOR : Gopakumar Achuthankutty TITLE : STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION ABSTRACT : This paper explores the incentive properties of Collective Identity Functions (CIFs) in multinary group identification problems. Building on Cho and Saporiti (2020), we show that one-vote rules (Miller (2008), Cho and Ju (2017)) are manipulable. Additionally, we establish […]
STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT
NO : WP-2024-005 AUTHOR : D.M.NACHANE TITLE : STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT ABSTRACT : During episodes of severe depression, interest rates can approach the zero lower bound (ZLB) and stay there for a fairly long time. Mainstream macroeconomic theory (the so-called New Consensus Economics) then […]
Privacy Regulation, Cognitive Ability, and Stability of Collusion
NO : WP-2024-004 AUTHOR : Rupayan Pal and Sumit Shrivastav TITLE : Privacy Regulation, Cognitive Ability, and Stability of Collusion ABSTRACT : This article analyzes implications of privacy regulation on stability of tacit collusion. It shows that privacy regulation is likely to hurt consumers’ economic benefits, through its competition dampening effect. A more […]
Cross-ownership in duopoly: Are there any incentives to divest?
NO : WP-2024-003 AUTHOR : Rupayan Pal and Emmanuel Petrakis TITLE : Cross-ownership in duopoly: Are there any incentives to divest? ABSTRACT : This paper shows that in a duopoly a firm has no incentives to divest its passive shares in its rival when firms’ strategies are strategic complements. This holds independently whether […]
Policy Alternatives for Accelerating Health & Educational Attainments of Children in India: An Analysis using Computable General Equilibrium Model
NO : WP-2024-002 AUTHOR : Runu Bhakta and A. Ganesh-Kumar TITLE : Policy Alternatives for Accelerating Health & Educational Attainments of Children in India: An Analysis using Computable General Equilibrium Model ABSTRACT : Assessing the impact of alternative policy options on developmental goals relating to health and education remains an analytical challenge due […]
A new mechanism for trade agreements to revitalize the Global Value Chains
NO : WP-2024-001 AUTHOR : Himanshu Jaiswal & A. Ganesh-Kumar TITLE : A new mechanism for trade agreements to revitalize the Global Value Chains ABSTRACT : The import tariff system has made a harmful dent on the global trading system. To avoid this, many countries have chosen the second-best option- ‘an FTA’; because […]
