Author: Aeimit Lakdawala and Rajeswari Sengupta Title: Measuring monetary policy shocks in India Abstract: We create new measures of monetary policy shocks for India using high-frequency derivatives data and study their transmission. These shocks capture two distinct dimensions of the Reserve Bank of India’s (RBI) monetary policy announcements. In addition […]

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Author: Promit Kanti Chaudhuri Title: Strategic Inattention and Divisionalization in Duopoly Abstract: In this paper, a differentiated product economy is modeled where firms strategically set up autonomous rival divisions and the divisions play the quantity competition game `a la Cournot or by means of monopolistic competition, where the divisions are unaware of the […]

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