NO: WP-2023-04 AUTHOR: Aeimit Lakdawala, Bhanu Pratap and Rajeswari Sengupta TITLE: Impact of RBI’s monetary policy announcements on government bond yields: Evidence from the pandemic ABSTRACT: We investigate how the bond market responded to the effects of the Reserve Bank of India’s (RBI) monetary policy actions undertaken since the start […]
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Improving tax revenues in the emerging markets: A Laffer curve analysis by Snigdha Kalra and Sargam Gupta
NO : WP-2025-007 AUTHOR : Snigdha Kalra and Sargam Gupta TITLE : Improving tax revenues in the emerging markets: A Laffer curve analysis ABSTRACT : This paper explores the possible ways in which the emerging market and developing economies (EMDEs) can improve their tax-to-GDP ratio using a theoretical framework. We do this using […]
Indian industrial pricing under inflation targeting by Ashima Goyal and Vipasha Pandey
NO : WP-2025-010 AUTHOR : Ashima Goyal and Vipasha Pandey TITLE : Indian industrial pricing under inflation targeting ABSTRACT : A puzzling characteristic of post-pandemic Indian inflation is the fall, within 10 years of adopting flexible inflation targeting (IT), in core inflation to lifetime lows despite high growth and recurrent commodity price shocks. […]
Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy
NO : WP-2024-023 AUTHOR : Sumana Kundu and Rupayan Pal TITLE : Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy Abstract This paper studies the role of individuals’ social concern in a monopoly vaccine market characterized by externalities, and the first-best public policy. Considering a voluntary vaccination environment and […]
Mother’s Effective Literacy Status: Implications on Child Health by Surabhi Garg and Srijit Mishra
NO : WP-2025-009 AUTHOR : Surabhi Garg and Srijit Mishra TITLE : Mother’s Effective Literacy Status: Implications on Child Health ABSTRACT : Mother’s effective literacy status has instrumental importance in affecting child’s health outcomes. This is not to dismiss the relevance of a father’s literacy, but to posit a primitive that the father’s […]
Weather shocks, economic growth and damage function for India: A varying coefficient semi-parametric approach
NO : WP-2024-021 AUTHOR : Pratik Thakkar and Kausik Gangopadhyay TITLE : Weather shocks, economic growth and damage function for India: A varying coefficient semi-parametric approach Abstract Weather shocks associated with global climate change engender substantial damages, in the order of multi-billion dollars annually, to the Indian economy. Using data from 33 states […]
When Low Scores Don’t Tell the Full Story: A Composite Indicator of Student Achievement by Japneet Kaur
NO : WP-2025-008 AUTHOR : Japneet Kaur TITLE : When Low Scores Don’t Tell the Full Story: A Composite Indicator of Student Achievement ABSTRACT : This paper introduces a new composite indicator of student achievement, grounded in an axiomatic framework. Unlike conventional measures that assign equal weight to all subjects, our index applies […]
