NO: WP-2019-018 AUTHOR: Sanjoy Chakravorty, S Chandrasekhar, Karthikeya Naraparaju TITLE: Land Distribution, Income Generation & Inequality in India’s Agricultural Sector ABSTRACT: This paper is a contribution to understanding income generation and inequality in India’s agricultural sector. We analyse the National Sample Surveys of agriculture in 2003 and 2013 using descriptive and regression […]
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Working Paper: Loan Waivers and Bank Credit Reflections on the evidence and the way forward
No: WP-2019-038 Author: Sudha Narayanan and Nirupam Mehrotra Title: Loan Waivers and Bank Credit Reflections on the evidence and the way forward Abstract: In the past decade, farm loan waivers have become a policy instrument to alleviate financial distress of farmers. Despite agreement on the theoretical rationale for such debt forgiveness and its […]
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: Modeling Consumers’ Confidence and Inflation Expectations
No: WP-2019-025 AUTHOR: Ashima Goyal and Prashant Parab TITLE: Modeling Consumers’ Confidence and Inflation Expectations Abstract : Using Consumer Confidence Survey data we analyze socio-economic as well as macroeconomic factors that influence inflation expectations of Indian households. We discover that inflation expectations of households depend largely on inflation perceptions, income and […]
Working Paper: Monetary Spillovers and Real Exchange Rate Misalignments in Emerging Markets
Author: Krittika Banerjee and Ashima Goyal Title: Monetary Spillovers and Real Exchange Rate Misalignments in Emerging Markets Abstract: After the adoption of unconventional monetary policies (UMP) in advanced economies (AEs) there were many studies of monetary spillovers to asset prices in emerging market economies (EMEs) but the extent of contribution […]
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 […]
Working Paper: Off-the-farm Livelihood Choice of Farm Households in India
No: WP-2019-032 AUTHOR: Varun Kumar Das and A. Ganesh-Kumar TITLE: Off-the-farm Livelihood Choice of Farm Households in India Abstract: The process of structural transformation in India presents some unique features not seen in the developed countries, viz., seasonal migration from rural to rural areas within the country for employment within the agricultural […]
Working Paper: Per unit and ad valorem royalties in a patent licensing game
Author: Marta Montinaro, Rupayan Pal and Marcella Scrimitore Title: Per unit and ad valorem royalties in a patent licensing game Abstract: In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are […]
Working Paper: Policy transmission in Indian money markets: The role of liquidity
No: WP-2019-027 AUTHOR: Ashima Goyal and Deepak Kumar Agarwal TITLE: Policy transmission in Indian money markets: The role of liquidity Abstract : We derive testable implications for transmission from Indian policy rate and liquidity provision to market rates as well as the interaction between rate and liquidity channels, from an analysis […]
Working Paper: Post Covid-19: Recovering and Sustaining India’s Growth
Author: Ashima Goyal Title: Post Covid-19: Recovering and Sustaining India’s Growth Abstract: The paper discusses past virtuous growth cycles in India and argues that the post Covid-19 macro-financial package is an opportunity to trigger another such cycle, by raising marginal propensities to spend above those to save. It is feasible since the major […]
