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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 […]
Mr. Prosenjit Barman, PhD student, IGIDR has received the ‘Best Paper Award’ at the International Conference on Emerging Trends in Economics and Finance, held at Goa from March 27 to 28, 2026
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 […]
Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context by Vaishali Garga (Federal Reserve Bank of Boston), Benjamin Gryzb (Federal Reserve Bank of Boston) and Rajeswari Sengupta (Indira Gandhi Institute of Development Research)
NO : WP-2026-003 AUTHOR : Vaishali Garga (Federal Reserve Bank of Boston), Benjamin Gryzb (Federal Reserve Bank of Boston) and Rajeswari Sengupta (Indira Gandhi Institute of Development Research) TITLE : Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context ABSTRACT : We examine whether India’s adoption of inflation targeting in 2015 […]
Tackling India’s jobs plight: Underutilised levers and lessons from China by Alicia García Herrero (Natixis Bank) and Rajeswari Sengupta (IGIDR, Mumbai)
NO : WP-2026-002 AUTHOR : Alicia García Herrero (Natixis Bank) and Rajeswari Sengupta (IGIDR, Mumbai) TITLE : Tackling India’s jobs plight: Underutilised levers and lessons from China ABSTRACT : Despite strong GDP growth and favourable demographics, India faces an impending jobs crisis. A large share of the workforce remains stuck in low-productivity agriculture, while […]
RBI’s clarity of communication will be as critical as the policy itself by Rajeswari Sengupta
Firm-Level Trade Responses to Intellectual Property Reforms: Evidence from India by Qayoom Khachoo, Ridwan Ah Sheikh, Pritam Banerjee
NO : WP-2026-001 AUTHOR : Qayoom Khachoo, Ridwan Ah Sheikh, Pritam Banerjee TITLE : Firm-Level Trade Responses to Intellectual Property Reforms: Evidence from India ABSTRACT : This study leverages India’s Patents (Amendment) Act, 2002, as a quasi-natural experiment within a difference-in-differences framework to examine how domestic reforms related to patents may affect firms’ export […]
