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Rent-seeking and Reorganisation of Administrative Units by Gopakumar Achuthankutty, Ayushi Choudhary, and Rupayan Pal

NO : WP-2025-019 AUTHOR : Gopakumar Achuthankutty, Ayushi Choudhary, and Rupayan Pal TITLE : Rent-seeking and Reorganisation of Administrative Units ABSTRACT : We examine whether rent-seeking incentives shape a central planner’s decision to reorganise administrative units. In a two-stage group contest, risk-neutral administrative units compete for shares of a perfectly divisible public fund, with […]

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Assessing inflation targeting in India by Ashima Goyal

NO : WP-2025-018 AUTHOR : Ashima Goyal TITLE : Assessing inflation targeting in India ABSTRACT : The literature expects it to take a long to establish inflation targeting (IT) in emerging markets, but the Indian experience suggests that suitable adaption of IT to domestic structure and shocks as well as circumstances can fast-track the […]

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Quota Regulation under Corruption – Grand, Petty and the Cut-Money Culture by Ayushi Choudhary and Rupayan Pal

NO : WP-2025-017 AUTHOR : Ayushi Choudhary and Rupayan Pal TITLE : Quota Regulation under Corruption – Grand, Petty and the Cut-Money Culture ABSTRACT : This paper examines the implications of various forms of corruption—namely, grand corruption, petty corruption, and the cut-money culture—on the formulation and enforcement of regulatory policies. Focusing on quota regulation […]

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