NO : WP-2023-03 AUTHOR : Rounak Sil, Unninarayanan Kurup, Ashima Goyal, Apoorva Singh, Rajendra Paramanik TITLE : Chorus in the Cacophony: Dissent and Policy Communication of India’s Monetary Policy Committee ABSTRACT : Using minutes of consecutive Monetary Policy Committee (MPC) meetings of the Indian central bank, we have constructed two […]
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Corruption-Proof Minimum Regulation for ‘Zero Emission’: Status Incentives – Bane or Boon?
NO : WP-2023-09 AUTHOR : Preksha Jain and Rupayan Pal TITLE : Corruption-Proof Minimum Regulation for ‘Zero Emission’: Status Incentives – Bane or Boon? ABSTRACT : This paper explores the possibility of designing environmental regulation that ensures ‘zero emission’, by promoting non-polluting ‘green’ technology adoption by firms, without creating new […]
Cross-ownership in duopoly: Are there any incentives to divest?
NO : WP-2024-003 AUTHOR : Rupayan Pal and Emmanuel Petrakis TITLE : Cross-ownership in duopoly: Are there any incentives to divest? ABSTRACT : This paper shows that in a duopoly a firm has no incentives to divest its passive shares in its rival when firms’ strategies are strategic complements. This holds independently whether […]
Discrimination in Credit Markets: The Case of Female Entrepreneurs in India
NO : WP-2024-025 AUTHOR : Rozi Kumari, A Ganesh-Kumar and Rajendra Vaidya TITLE : Discrimination in Credit Markets: The Case of Female Entrepreneurs in India ABSTRACT : Despite impressive growth performance, empowering women and bridging gender gaps in entrepreneurship remains a key challenge for India. Given the crucial role of finance functioning of […]
Does inflation targeting live up to all the hype?
NO : WP-2024-024 AUTHOR : Yadavindu Ajit and Taniya Ghosh TITLE : Does inflation targeting live up to all the hype? ABSTRACT : This study examines the effects of inflation targeting on inflation levels, its volatility, and its persistence in emerging market economies. To better estimate the dynamic treatment effects of inflation targeting, […]
Effect of Demand and Supply Side Factors on School Education Outcomes in India
NO : WP-2024-013 AUTHOR : Surabhi Garg and Srijit Mishra TITLE : Effect of Demand and Supply Side Factors on School Education Outcomes in India ABSTRACT : A novelty of this study is to examine the effect of both demand and supply side factors on school education outcomes in India for 6-18 age group in […]
Effects of Backward GVC Participation on labour Market: Micro-Level Evidence from India by Deepali Gupta and C. Veeramani
NO : WP-2025-005 AUTHOR : Deepali Gupta and C. Veeramani TITLE : Effects of Backward GVC Participation on Labor Market: Micro-Level Evidence from India ABSTRACT : Several studies show that countries increasingly participate in Global Value Chains (GVC) by specialising in intermediate goods. Theoretical fragmentation models suggest that backward GVC participation has a […]
Impact of Teacher Gender and Role Models on Student Outcomes in India
NO : WP-2024-016 AUTHOR : Eshita Goswami TITLE : Impact of Teacher Gender and Role Models on Student Outcomes in India ABSTRACT : This study estimates the impact of teacher gender and tests for role model effects on various student outcomes such as test scores, transferrable skills, attendance and attitudes. We perform the analysis for […]
Indian Fiscal Policy: A possible escape route
NO : WP-2023-010 AUTHOR : Ashima Goyal TITLE : Indian Fiscal Policy: A possible escape route ABSTRACT : Historical choices, based on the interaction of domestic structure, including federalism, with global shocks and dominant ideas have left India a legacy of deficits and debt higher than peer countries. These are constraints on fiscal […]
India’s exchange rate regime under inflation targeting
NO : WP-2023-015 AUTHOR : Ashima Goyal TITLE : India’s exchange rate regime under inflation targeting ABSTRACT : While the basic exchange rate regime has stayed the same since the liberalizing reforms of the nineties, its implementation has varied over the years. The paper assesses the evolution of India’s nominal exchange rate regime […]
