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Internet Resources
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Mobility and Congestion in Urban India by Akbar, Prottoy et al
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American Economic Review, April 2023
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We develop a methodology to estimate robust city-level vehicular speed indices, exactly decomposable into uncongested speed and congestion. We apply it to 180 Indian cities using 57 million simulated trips measured by a web mapping service. We verify the reliability of our simulated trips using a number...
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Do NBFCs propagate real shocks? by Ghosh, Saurabh and Mazumder, Debojyoti
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Journal of Asian Economics, April 2023
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Notwithstanding a smaller share of total loans vis-à-vis commercial banks, we investigate a possible role of Non-banking financial companies (NBFCs) in propagating a real shock to the rest of the economy. Our two-sector model captures emerging economy characteristics such as NBFC borrowings from commercial...
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