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 […]
Latest News
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 […]
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 […]
SPS Measures and Agricultural Trade in BIMSTEC: Quantitative Evidence from WTO Notifications by Himanshu Jaiswal and A. Ganesh Kumar
NO : WP-2025-013 AUTHOR : Himanshu Jaiswal and A. Ganesh Kumar TITLE : SPS Measures and Agricultural Trade in BIMSTEC: Quantitative Evidence from WTO Notifications ABSTRACT : Though the economy of the BIMSTEC members heavily depends on the agricultural sector, the intra-regional trade among them is below par because of several bottlenecks. One […]
Undertreatment in credence goods markets: when does a no liability rule outperform? by Sumana Kundu
NO : WP-2025-015 AUTHOR : Sumana Kundu TITLE : Undertreatment in credence goods markets: when does a no liability rule outperform? ABSTRACT : Undertreatment, i.e., providing a minor treatment for a serious problem, may provide a partial benefit or may further worsen the actual condition. This paper studies the implications of undertreatment on […]
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 […]
