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No: WP-2019-029 AUTHOR: Barendra Kumar Bhoi, Abhishek Kumar and Prashant Mehul Parab TITLE: Aggregate Demand Management, Policy Errors and Optimal Monetary Policy in India Abstract : This paper evaluates the rule-based interest rate policy for India since 2000 Q1, which has become more relevant in the flexible inflation targeting (FIT) regime. […]
The interview for Post Doctoral Fellowship and Post Doctoral Contract candidates will be conducted on 27 th September 2019, 11.00 a.m. onwards. Call letter with details will be sent by email to the following shortlisted candidates.
Speaker: Dr. Ram Singh, Delhi School of Economics Date & Hour: 27 August 2019, 4:15 pm Venue: Seminar Hall 1 Title: Does choice of contract matter for cost and quality of highways?: Empirical analysis of PPPs vs. Traditional contracts Abstract: During the last two decades, several countries have used Public Private Partnerships along with the […]
No: WP-2019-028 AUTHOR: Rupayan Pal and Ruichao Song TITLE: Externalities, Entry Bias and Optimal Subsidy Policy in Oligopoly Abstract : This article analyses alternative subsidy schemes and long-run entry bias in a new industry that creates positive environmental externalities. It demonstrates that per unit subsidy scheme, despite attracting fewer firms, results […]
No: WP-2019-027 AUTHOR: Ashima Goyal and Deepak Kumar Agarwal TITLE: Policy transmission in Indian money markets: The role of liquidity Abstract : We derive testable implications for transmission from Indian policy rate and liquidity provision to market rates as well as the interaction between rate and liquidity channels, from an analysis […]
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 […]
No: WP-2019-025 AUTHOR: Ashima Goyal and Prashant Parab TITLE: Modeling Consumers’ Confidence and Inflation Expectations Abstract : Using Consumer Confidence Survey data we analyze socio-economic as well as macroeconomic factors that influence inflation expectations of Indian households. We discover that inflation expectations of households depend largely on inflation perceptions, income and […]