Author: Ila Patnaik and Rajeswari Sengupta Title: Analysing India’s Exchange Rate Regime Abstract: We analyse India’s exchange rate regime through the prism of exchange market pressure. We estimate the various regimes that India’s exchange rate has been through during the period from 2000 to 2020. We find four specific regimes of the Indian […]

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Author: Aeimit Lakdawala and Rajeswari Sengupta Title: Measuring monetary policy shocks in India Abstract: We create new measures of monetary policy shocks for India using high-frequency derivatives data and study their transmission. These shocks capture two distinct dimensions of the Reserve Bank of India’s (RBI) monetary policy announcements. In addition […]

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Author: Promit Kanti Chaudhuri Title: Strategic Inattention and Divisionalization in Duopoly Abstract: In this paper, a differentiated product economy is modeled where firms strategically set up autonomous rival divisions and the divisions play the quantity competition game `a la Cournot or by means of monopolistic competition, where the divisions are unaware of the […]

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Author: Sumit Shrivastav Title: Profitability of Behavior Based Price Discrimination Abstract: In this paper, we analyze the profitability of price discrimination based on recognition of consumers’ brand preferences, in a duopoly model with switching costs. We show that, in contrast to existing studies, price discrimination results into higher profits than […]

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Author: Nitin Harak and A. Ganesh-Kumar Title: Pricing Reforms in Natural Gas Sector of India: A Computable General Equilibrium Analysis Abstract: Natural gas as a source of clean fuel is important in many economies. With the increase of trade in gas led by LNG trade, market integration as occurred in […]

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