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Inflation Expectations of Indian Households: A Better Way to Measure, and Behavioral Consequences by Roshin Paul P and Taniya Ghosh

NO : WP-2026-009 AUTHOR : Roshin Paul P and Taniya Ghosh TITLE : Inflation Expectations of Indian Households: A Better Way to Measure, and Behavioral Consequences ABSTRACT : The causes and consequences of Indian households’ Inflation Expectations (IE) are investigated using an ad-hoc survey covering 1010 urban households across Delhi, […]

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How Maternity Leave Policies Affect Female Employment: A Cross Country Analysis by Shameena Khatoon

NO : WP-2026-008 AUTHOR : Shameena Khatoon TITLE : How Maternity Leave Policies Affect Female Employment: A Cross Country Analysis ABSTRACT : This study examines how maternity leave policies affect female labor force participation (FLP) across 160 countries from 2000 to 2023. We analyze the crucial but overlooked dimension of payment structure whether governments […]

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Timing Matters: Creditor Incentives and Delayed Admission under India’s IBC by Anjali Sharma and Rajeswari Sengupta

NO : WP-2026-007 AUTHOR :Anjali Sharma and Rajeswari Sengupta TITLE : Timing Matters: Creditor Incentives and Delayed Admission under India’s IBC ABSTRACT : This paper examines how different classes of creditors use India’s Insolvency and Bankruptcy Code (IBC), with a focus on the timing of insolvency initiation. Using a novel dataset that combines firm-level […]

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From State to Community: Forest Land Rights and Forest Conservation in India by Bharti Nandwani, Ishita Varma

NO : WP-2026-006 AUTHOR :Bharti Nandwani, Ishita Varma TITLE : From State to Community: Forest Land Rights and Forest Conservation in India ABSTRACT : This paper examines the impact of India’s landmark Forest Rights Act (FRA), which granted indigenous forest-dwelling communities legal rights to manage and protect forests, on the incidence of forest fires. […]

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Monetary Policy in India: The Long Road to Inflation Targeting by Rajeswari Sengupta (Indira Gandhi Institute of Development Research)

NO : WP-2026-005 AUTHOR :Rajeswari Sengupta (Indira Gandhi Institute of Development Research) TITLE : Monetary Policy in India: The Long Road to Inflation Targeting ABSTRACT : This paper traces the evolution of monetary policy in India and the institutional, intellectual, and macroeconomic forces that culminated in the adoption of flexible inflation targeting (FIT) in […]

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Food, Headline, and Core Inflation: Horizon-Dependent Transmission in India by Kritika Sharma, Taniya Ghosh

NO : WP-2026-004 AUTHOR :Kritika Sharma, Taniya Ghosh TITLE : Food, Headline, and Core Inflation: Horizon-Dependent Transmission in India ABSTRACT : Food price shocks are often treated as transitory and largely irrelevant for underlying inflation. In emerging economies, where food has a large weight, such shocks may be more persistent and broader in their […]

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Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context by Vaishali Garga (Federal Reserve Bank of Boston), Rajeswari Sengupta (Indira Gandhi Institute of Development Research)

NO : WP-2026-003 AUTHOR : Vaishali Garga (Federal Reserve Bank of Boston), Rajeswari Sengupta (Indira Gandhi Institute of Development Research) TITLE : Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context ABSTRACT : Backward-looking Taylor rules, widely used to characterize central bank behavior, can misrepresent policy when central banks base decisions […]

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