Latest News

Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy

NO : WP-2024-023 AUTHOR : Sumana Kundu and Rupayan Pal TITLE :  Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy Abstract This paper studies the role of individuals’ social concern in a monopoly vaccine market characterized by externalities, and the first-best public policy. Considering a voluntary vaccination environment and […]

Read More

The journey of inflation targeting in India

NO : WP-2024-022 AUTHOR : Radhika Pandey, Ila Patnaik and Rajeswari Sengupta TITLE :  The journey of inflation targeting in India ABSTRACT : It has been eight years since India adopted the inflation targeting (IT) framework for its monetary policy. In this paper we present a comprehensive analysis of the IT regime, addressing […]

Read More