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Capital account liberalisation in a large emerging economy: An analysis of onshore-offshore arbitrage
Author: Nidhi Aggarwal, Sanchit Arora and Rajeswari Sengupta Title: Capital account liberalisation in a large emerging economy: An analysis of onshore-offshore arbitrage Abstract: In this paper, we decipher the openness of India’s capital account by calculating the covered interest parity (CIP) deviations between the onshore-offshore rupee market. India is a […]
The China trade shock and the gender wage gap in India: A district-level analysis
Author: Kajari Saha Title: The China trade shock and the gender wage gap in India: A district-level analysis Abstract: This study provides new evidence on the debate surrounding international trade and the gender wage gap in a developing country context. It asks whether increased competition from trade has any causal […]
Effectiveness of Expectations Channel of Monetary Policy Transmission: Evidence from India
Author: Ashima Goyal and Prashant Parab Title: Effectiveness of Expectations Channel of Monetary Policy Transmission: Evidence from India Abstract: We examine the efficacy of expectations channel of monetary policy transmission in India using survey-based expectations of households and professional forecasters in a Structural Vector Auto Regression (SVAR) framework. To analyse […]
Asymmetry, Terms of Trade and the Aggregate Supply Curve in an Open Economy Model
Author: Ashima Goyal and Abhishek Kumar Title: Asymmetry, Terms of Trade and the Aggregate Supply Curve in an Open Economy Model Abstract: We find a basic new Keynesian monetary policy DSGE model estimated for differing countries (India and the US) gives deep parameter estimates, impulse responses and forecast error variance […]
Spatial Disparities in Household Earnings in India: Role of Urbanization, Sectoral Inequalities, and Rural-Urban Differences
Author: S Chandrasekhar, Karthikeya Naraparaju, Ajay Sharma Title: Spatial Disparities in Household Earnings in India: Role of Urbanization, Sectoral Inequalities, and Rural-Urban Differences Abstract: This paper focuses on spatial disparities in household earnings in rural and urban India. A point of departure from the existing literature on inequality in India […]
Liquidity Management and Monetary Transmission: Empirical Analysis for India
Author: Vikas Charmal and Ashima Goyal Title: Liquidity Management and Monetary Transmission: Empirical Analysis for India Abstract: A change in monetary operating procedures provides a natural experiment we use to evaluate first, whether Indian monetary policy transmission is better when durable liquidity is in surplus or when it is in […]
Applications are invited for M.Sc. (Economics) and Ph.D. (Development Studies) programmes for academic year 2021-22
India’s progress in meeting its climate goals: A comparative analysis using country-reported and external data
Author: Manisha Jain Title: India’s progress in meeting its climate goals: A comparative analysis using country-reported and external data Abstract: Recent studies analyzing India’s decarbonisation efforts using external data do not confirm the achievements stated in India’s country reports submitted to the United Nations Framework Convention on Climate Convention. The […]
Four years after the Base-Year Revision:Taking stock of the debate surrounding India’s National Accounts Estimates
Author: R. Nagaraj, Amey Sapre and Rajeswari Sengupta Title: Four years after the Base-Year Revision:Taking stock of the debate surrounding India’s National Accounts Estimates Abstract: In 2015, with the release of the 2011-12 base-year GDP series the Central Statistical Office (CSO) substantially revised the way GDP is calculated in India. […]
