Author: Nidhi Aggarwal, Sanchit Arora and Rajeswari Sengupta Title: Capital account liberalisation in a large emerging economy: An analysis of onshore-offshore arbitrage Abstract: In this paper, we decipher the openness of India’s capital account by calculating the covered interest parity (CIP) deviations between the onshore-offshore rupee market. India is a […]
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Effectiveness of Expectations Channel of Monetary Policy Transmission: Evidence from India
Author: Ashima Goyal and Prashant Parab Title: Effectiveness of Expectations Channel of Monetary Policy Transmission: Evidence from India Abstract: We examine the efficacy of expectations channel of monetary policy transmission in India using survey-based expectations of households and professional forecasters in a Structural Vector Auto Regression (SVAR) framework. To analyse […]
Four years after the Base-Year Revision:Taking stock of the debate surrounding India’s National Accounts Estimates
Author: R. Nagaraj, Amey Sapre and Rajeswari Sengupta Title: Four years after the Base-Year Revision:Taking stock of the debate surrounding India’s National Accounts Estimates Abstract: In 2015, with the release of the 2011-12 base-year GDP series the Central Statistical Office (CSO) substantially revised the way GDP is calculated in India. […]
Herd immunity, COVID-19 and vaccination: some propositions
Author: Srijit Mishra Title: Herd immunity, COVID-19 and vaccination: some propositions Abstract: In the herd immunity path to COVID-19, the scientific world has two broad positions. The Great Barrington declaration called for allowing low-risk population to start activities so that other overriding public health concerns beyond COVID-19 and livelihood aspects of the underprivileged […]
India’s progress in meeting its climate goals: A comparative analysis using country-reported and external data
Author: Manisha Jain Title: India’s progress in meeting its climate goals: A comparative analysis using country-reported and external data Abstract: Recent studies analyzing India’s decarbonisation efforts using external data do not confirm the achievements stated in India’s country reports submitted to the United Nations Framework Convention on Climate Convention. The […]
Liquidity Management and Monetary Transmission: Empirical Analysis for India
Author: Vikas Charmal and Ashima Goyal Title: Liquidity Management and Monetary Transmission: Empirical Analysis for India Abstract: A change in monetary operating procedures provides a natural experiment we use to evaluate first, whether Indian monetary policy transmission is better when durable liquidity is in surplus or when it is in […]
Liquidity Management and Monetary Transmission: Empirical Analysis for India
Author: Vikas Charmal and Ashima Goyal Title: Liquidity Management and Monetary Transmission: Empirical Analysis for India Abstract: A change in monetary operating procedures provides a natural experiment we use to evaluate first, whether Indian monetary policy transmission is better when durable liquidity is in surplus or when it is in […]
Measuring monetary policy shocks in India
Author: Aeimit Lakdawala and Rajeswari Sengupta Title: Measuring monetary policy shocks in India Abstract: We create new measures of monetary policy shocks for India using high-frequency derivatives data and study their transmission. These shocks capture two distinct dimensions of the Reserve Bank of India’s (RBI) monetary policy announcements. In addition […]
Methodological and Ethical Concerns in a Study on Effect of COVID-19 Vaccine among Health Care Workers in a Medical College of India
Author: Srijit Mishra Title: Methodological and Ethical Concerns in a Study on Effect of COVID-19 Vaccine among Health Care Workers in a Medical College of India Abstract: A critical look into the nature of observational data from a study on effect of COVID-19 vaccine of health care workers points out […]
Poverty Reduction in Rural India during 2004-05 to 2011-12: Role of Growth, Redistribution,and Population Shifts
Author: Karthikeya Naraparaju, S Chandrasekhar Title: Poverty Reduction in Rural India during 2004-05 to 2011-12: Role of Growth, Redistribution,and Population Shifts Abstract: We assess the relative importance of factors contributing to poverty reduction in rural India, between 2004-05 and 2011-12, a period when India was one of the fastest growing […]
