No: WP-2019-042 Author: Varun Kumar Das and A. Ganesh-Kumar Title: Commercialization, Diversification and Structural Determinants of Farmers’ Income in India Abstract: This paper examines the effect commercialization (sale ratio, market transaction, co-operative sale), and diversification (crop, animal husbandry, and non-farm diversification) may have on farmers’ income. In investigating so, this paper takes into […]
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Working Paper: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution
Author: Abhishek Dureja and Digvijay S. Negi Title: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution Abstract: In developing countries where medical infrastructure and service delivery system, and the market for health insurance are underdeveloped, one important mechanism to cope with the consequences of health shocks is […]
Working Paper: Correlated Shocks, Hysteresis, and the Sacrifice Ratio: Evidence from India
No: WP-2019-026 AUTHOR: Ashima Goyal and Gagan Goel TITLE: Correlated Shocks, Hysteresis, and the Sacrifice Ratio: Evidence from India Abstract : In an emerging market subject to frequent shocks output sacrifice from disinflation depends not only on the Phillips curve slope but also on shifts in demand and supply. Introducing shocks […]
Working Paper: Corruption vs. Efficiency in Water Allocation under Uncertainty: Is There a Trade-off?
Author: Rupayan Pal and Dipti Ranjan Pati Title: Corruption vs. Efficiency in Water Allocation under Uncertainty: Is There a Trade-off? Abstract: In the absence of a cooperative solution to the problem of rights over shared water, water allocation through third party intervention is most commonly used. This paper considers water […]
Working Paper: COVID-19 Pandemic, Lockdown and the Indian Labour Market: Evidence from PLFS 2017-18
Author: Vasavi Bhatt, Shweta Grover, Ajay Sharma Title: COVID-19 Pandemic, Lockdown and the Indian Labour Market: Evidence from PLFS 2017-18 Abstract: Using the PLFS 2017-18, this study intends to analyse current labour market from the perspective of COVID-19 pandemic, subsequent lockdown and the expected slowdown in the Indian economy. We intend to explore […]
Working Paper: Covid-19: Impact on the Indian Economy
Author: S. Mahendra Dev and Rajeswari Sengupta Title: Covid-19: Impact on the Indian Economy Abstract: The outbreak of the Covid-19 pandemic is an unprecedented shock to the Indian economy. The economy was already in a parlous state before Covid-19 struck. With the prolonged country-wide lockdown, global economic downturn and associated disruption of demand […]
Working Paper: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model
Author: Ashima Goyal and Akhilesh K. Verma Title: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model Abstract: We present a small open economy New Keynesian model with financial intermediation to investigate the interaction between monetary policy and macroprudential regulations. Our model economy attempts to capture […]
Working Paper: Determinants of Firm-Level Investment in India: Does Size Matter?
NO: WP-2019-016 AUTHOR: Parul Bhardwaj and Abhishek Kumar TITLE: Determinants of Firm-Level Investment in India: Does Size Matter? ABSTRACT: The study estimates the dynamic panel version of augmented neoclassical investment model using ARDL specification. There are evidences in support of interest rate and credit channels of monetary transmission, both in the short […]
Working Paper: Disaggregated Indian Industrial Cycles: A spectral analysis
Author: Ritabrata Bose and Ashima Goyal Title: Disaggregated Indian Industrial Cycles: A spectral analysis Abstract: We study the structure and dating of disaggregated Indian industrial cycles and spectral causality from different policy parameters to these cycles. The scattered pattern of peaks and troughs after 2013, suggests some industries continued to do well during […]
Working Paper: Disaggregated labor supply implications of guaranteed employment in India
Author: Megan Sheahan, Yanyan Liu, Sudha Narayanan and Christopher B. Barrett Title: Disaggregated labor supply implications of guaranteed employment in India Abstract: How do household labor supply decisions change with the entry of a massive employment guarantee program? This paper explores the household labor allocation effects – disaggregated by gender, […]
