NO : WP-2024-004 AUTHOR : Rupayan Pal and Sumit Shrivastav TITLE : Privacy Regulation, Cognitive Ability, and Stability of Collusion ABSTRACT : This article analyzes implications of privacy regulation on stability of tacit collusion. It shows that privacy regulation is likely to hurt consumers’ economic benefits, through its competition dampening effect. A more […]
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Property Inheritance Rights and Female Political Participation in India
NO : WP-2024-012 AUTHOR : Bharti Nandwani and Punarjit Roychowdhury TITLE : Property Inheritance Rights and Female Political Participation in India ABSTRACT : The paper examines whether granting property inheritance rights to females improves their participation in politics as election candidates in India. Conservative gender norms in pa¬triarchal societies like India discourage women […]
Rein in Pandemic by Pricing Vaccine: Does Social Trust Matter?
NO : WP-2023-08 AUTHOR : Upasak Das, Rupayan Pal, Udayan Rathore and Bibhas Saha TITLE : Rein in Pandemic by Pricing Vaccine: Does Social Trust Matter? ABSTRACT : In this paper, we explore the role of Generalized Social Trust (GST) in promoting public health during pandemics. We theorize and empirically […]
Similarities yet Divergence in South Asian Macroeconomic Performance
NO : WP-2023-013 AUTHOR : Ashima Goyal TITLE : Similarities yet Divergence in South Asian Macroeconomic Performance ABSTRACT : Stylized business cycle facts for South Asia are similar and differ from other regions. They show the dominance of supply shocks, often amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate […]
STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT
NO : WP-2024-005 AUTHOR : D.M.NACHANE TITLE : STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT ABSTRACT : During episodes of severe depression, interest rates can approach the zero lower bound (ZLB) and stay there for a fairly long time. Mainstream macroeconomic theory (the so-called New Consensus Economics) then […]
STABLE SETS IN ECONOMIES WITH CLUB GOODS
NO : WP-2023-011 AUTHOR : Japneet Kaur TITLE : STABLE SETS IN ECONOMIES WITH CLUB GOODS ABSTRACT : In an economy with club goods, we introduce the concept of von Neumann-Morgensetern stable sets. Our main result provides a correspondence between stable sets of a club economy comprising a continuum of agents and finitely […]
STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION
NO : WP-2024-006 AUTHOR : Gopakumar Achuthankutty TITLE : STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION ABSTRACT : This paper explores the incentive properties of Collective Identity Functions (CIFs) in multinary group identification problems. Building on Cho and Saporiti (2020), we show that one-vote rules (Miller (2008), Cho and Ju (2017)) are manipulable. Additionally, we establish […]
Temperature shock and economic growth: Does spillover effect hurt more?
NO : WP-2023-014 AUTHOR : Pratik Thakkar, Kausik Gangopadhyay and Rupayan Pal TITLE : Temperature shock and economic growth: Does spillover effect hurt more? ABSTRACT : In a trade-connected world, an adverse impact on economic growth on account of temperature shock in one economy may have a spillover effect on other economies. The […]
The Effects of Population Growth on Patents and Economic Growth Dynamics
NO : WP-2023-05 AUTHOR : Rudra Narayan Kushwaha and Taniya Ghosh TITLE : The Effects of Population Growth on Patents and Economic Growth Dynamics ABSTRACT : The paper analyzes how patent-economic growth relationship changes as population dynamics change. The literature on this relationship has not focused on the role of […]
The Indian economy in the post-pandemic world: Opportunities and Challenges
NO : WP-2023-06 AUTHOR : S. Mahendra Dev (ICFAI) and Rajeswari Sengupta (IGIDR) TITLE : The Indian economy in the post-pandemic world: Opportunities and Challenges ABSTRACT : In this descriptive study we first analyse what the medium term future looks like for the Indian economy in a post-pandemic world, both […]
