Author: C. Rangarajan and S. Mahendra Dev Title: POVERTY IN INDIA: MEASUREMENT, TRENDS AND OTHER ISSUES Abstract: Eradication of poverty is an important objective of economic policy. Therefore, measurement of poverty has to be sound as it has significant policy implications. This paper presents the methodology followed by the Expert […]
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Working Paper: Productivity growth in Indian banking: Who did the gains accrue to?
Author: Rajeswari Sengupta and Harsh Vardhan Title: Productivity growth in Indian banking: Who did the gains accrue to? Abstract: In this paper we analyse the beneficiaries of productivity gains in the Indian banking sector during the period from 1992 to 2019. We document the relative efficiency of different groups of banks by owner- […]
Working Paper: Profitability in Emerging Markets: Efficiency or Market Power? A Study of Indian Firms
No: WP-2020-003 Author: Ramesh Jangili Title: Profitability in Emerging Markets: Efficiency or Market Power? A Study of Indian Firms Abstract: The legal systems in emerging economies are weak and hence unsuccessful in completely eliminating market abuse, which could benefit some segment of firms to earn higher profits. This further leads to market imperfections and eventually […]
Working Paper: Reaping Gains from Global Production Sharing: Domestic Value Addition and Job Creation by Indian Exports
No: WP-2019-024 AUTHOR: C Veeramani and Garima Dhir TITLE: Reaping Gains from Global Production Sharing: Domestic Value Addition and Job Creation by Indian Exports Abstract : Is it in the interest of a country to promote strong local linkages for domestic industries or to participate in global production sharing (GPS) activities […]
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: Regional Patterns and Determinants of Commuting between Rural and Urban India
Author: Vasavi Bhatt, S Chandrasekhar, Ajay Sharma Title: Regional Patterns and Determinants of Commuting between Rural and Urban India Abstract: Despite an increase in the number of workers commuting between rural and urban areas, much of the literature on worker mobility continues to be migration centric. This paper establishes the importance of rural-urban commuting in […]
Working Paper: Role of Money in the Monetary Policy: A New Keynesian and New Monetarist Perspective
No: WP-2020-005 Author: Masudul Hasan Adil and Neeraj R. Hatekar and Taniya Ghosh Title: Role of Money in the Monetary Policy: A New Keynesian and New Monetarist Perspective Abstract: In the recent scenario, one of the most pertinent changes in monetary economics has been the virtual disappearance of what was once a […]
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, […]
Working Paper: Strategy-Proof Rules On Partially Single-Peaked Domains
Author: Gopakumar Achuthankutty and Souvik Roy Title: Strategy-Proof Rules On Partially Single-Peaked Domains Abstract: We consider domains that exhibit single-peakedness only over a subset of linearly ordered set of alternatives. We call such domains partially single-peaked and provide a characterization of the unanimous and strategy-proof social choice functions on these […]
Working Paper: Stricter Patent Regime, Scientist Mobility and Innovation
Author: Madhuparna Ganguly Title: Stricter Patent Regime, Scientist Mobility and Innovation Abstract: We model a patent regime in which an innovating firm can partially recover its damage due to scientist movement from the infringing rival. The strength of the patent system, which is a function of litigation success probability and recovery proportion, stipulates […]
