Author: Sumit Shrivastav Title: Price Discrimination with Imperfect Consumer Recognition Abstract: In this paper, we analyze the competitive and welfare effects of imperfect consumer recognition, in a duopoly model with switching costs. We demonstrate that the impact of consumer recognition on firms’ pricing strategies, industry profits, and welfare crucially depends […]
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Using the snowball effect in Indian post Covid-19 paths to fiscal consolidation
Author: Ashima Goyal Title: Using the snowball effect in Indian post Covid-19 paths to fiscal consolidation Abstract: In order to analyze how the excess of growth over the real interest rate can best contribute to Indian post Covid19 debt adjustment paths, we draw on historical experience, past adjustment episodes and […]
Poverty Reduction in Rural India during 2004-05 to 2011-12: Role of Growth, Redistribution,and Population Shifts
Author: Karthikeya Naraparaju, S Chandrasekhar Title: Poverty Reduction in Rural India during 2004-05 to 2011-12: Role of Growth, Redistribution,and Population Shifts Abstract: We assess the relative importance of factors contributing to poverty reduction in rural India, between 2004-05 and 2011-12, a period when India was one of the fastest growing […]
EconPrism, 1st issue of IGIDR newsletter published
Qualitative and Quantitative Central Bank Communications and Professional Forecasts: Evidence from India
Author: Ashima Goyal and Prashant Parab Title: Qualitative and Quantitative Central Bank Communications and Professional Forecasts: Evidence from India Abstract: We analyze the influence of qualitative and quantitative communications of the Reserve Bank of India on inflation expectations of professional forecasters, and draw out implications for the impact of policy variables on expectations. […]