Latest News
Important: Last date for submission of application for the position of Finance Officer has been extended to 15th April 2020.
Working Paper: Regime changes in India’s monetary policy and Tenures of RBI governors
Author: Utso Pal Mustafi (CEMFI, Spain) and Rajeswari Sengupta (IGIDR) Title: Regime changes in India’s monetary policy and Tenures of RBI governors Abstract: In this paper, we estimate regime switches in Indian monetary policy during the period 1998-2017. Prior to the adoption of an inflation targeting rule in 2016, monetary policy in […]
Working Paper: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution
Author: Abhishek Dureja and Digvijay S. Negi Title: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution Abstract: In developing countries where medical infrastructure and service delivery system, and the market for health insurance are underdeveloped, one important mechanism to cope with the consequences of health shocks is […]
Working Paper: Market Access, Price Policy and Diversification in Indian Agriculture
Author: Digvijay S Negi, Pratap S Birthal, Devesh Roy and Jaweriah Hazrana Title: Market Access, Price Policy and Diversification in Indian Agriculture Abstract: This paper provides empirical evidence of a causal relationship between the access to markets and the crop partial policies on the pattern of specialization or diversification in Indian […]
Working Paper: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model
Author: Ashima Goyal and Akhilesh K. Verma Title: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model Abstract: We present a small open economy New Keynesian model with financial intermediation to investigate the interaction between monetary policy and macroprudential regulations. Our model economy attempts to capture […]
Working Paper: Network Compatibility, Intensity of Competition and Process R&D : A Generalization
No: WP-2020-007 Author: Sumit Shrivastav Title: Network Compatibility, Intensity of Competition and Process R&D : A Generalization Abstract: This paper analyses implications of network compatibility and competition on process innovation in differentiated network goods duopoly. It shows that firms R&D investments are strategic substitutes (complements), if effective network compatibility is less (more) than […]
India’s budget balancing act by Ashima Goyal
Prof. S. Mahendra Dev, Director, IGIDR has been nominated as Executive Member of International Economics Association
Working Paper: Shilnikov Chaos, Low Interest Rates, and New Keynesian Macroeconomics
No: WP-2020-006 Author: William A. Barnett, Giovanni Bella, Taniya Ghosh, Paolo Mattana and Beatrice Venturi Title: Shilnikov Chaos, Low Interest Rates, and New Keynesian Macroeconomics Abstract: The paper shows that in a New Keynesian (NK) model, an active interest rate feedback monetary policy, when combined with a Ricardian passive fiscal policy, à la Leeper-Woodford, […]
