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STABLE SETS IN ECONOMIES WITH CLUB GOODS

NO : WP-2023-011 AUTHOR : Japneet Kaur TITLE :  STABLE SETS IN ECONOMIES WITH CLUB GOODS ABSTRACT : In an economy with club goods, we introduce the concept of von Neumann-Morgensetern stable sets. Our main result provides a correspondence between stable sets of a club economy comprising a continuum of agents and finitely […]

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Indian Fiscal Policy: A possible escape route

NO : WP-2023-010 AUTHOR : Ashima Goyal TITLE :  Indian Fiscal Policy: A possible escape route ABSTRACT : Historical choices, based on the interaction of domestic structure, including federalism, with global shocks and dominant ideas have left India a legacy of deficits and debt higher than peer countries. These are constraints on fiscal […]

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