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May-2025 Volume 7 | Issue No.2 Archives
Indira Gandhi Institute of Development Research EconBuzz


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Fellowships and awards

=>2026-2027 Fulbright-Nehru Academic and Professional Excellence Fellowships
Last date to apply: July 1, 2025

=>2026-2027 Hubert H. Humphrey Fellowship Program
Last date to apply: July 10, 2025

=>The Co-operative Research Programme (CRP)'s call for applications for funding international conferences and research fellowships grants in 2025
Last date to apply: September 10, 2025

=>Harvard Radcliffe Institute Fellowship Program 2026-2027
Last date to apply: September 11, 2025

=>Fulbright Global Scholar Award
Last date to apply: September 15, 2025

=>Maxwell King PhD Scholarship
Last date to apply: October 31, 2025


Video of the month



Streaming now on hotstar
IGIDR Research Publications

1. Goyal, Ashima and Ray, Sritama (2025). Reducing supply shock-led inflation in emerging markets, Economic Analysis and Policy, Elsevier


2. Goyal, Ashima and Selarka, Ekta (2025). Developing banks, Macroeconomics and Finance in Emerging Market Economies. Taylor & Francis


3. Kushawaha, Deepak and Jain, Manisha (2025). Understanding the dynamics of public debt on renewable energy investment in developing countries, Energy Economics, V.147. Elsevier


IGIDR Working Papers

1. Jaiswal, Himanshu and Ganesh-Kumar, A (2025). Dumping Concerns amid Trade War and India-US Trade Deal (WP-2025-011).
Listen abstract:

2. Varma, Ishita (2025). Forest Rights, Dietary Diversity and Nutritional Security of Tribal Communities: Evidence from India (WP-2025-012)
Listen abstract:

3. Jaiswal, Himanshu and Ganesh-Kumar, A (2025). SPS Measures and Agricultural Trade in BIMSTEC: Quantitative Evidence from WTO Notifications (WP-2025-013)
Listen abstract:

Recent Reports and Publications

ADB=> Climate Change Governance at the Subnational Government Level in Asia and the Pacific

IEA=> Global Critical Minerals Outlook 2025

IEA=> Global EV Outlook 2025

MOSPI=> National Accounts Statistics 2025

MOSPI=> PLFS Monthly Bulletin April 2025

NITI Ayog=> Enhancing Competitiveness of MSMEs in India

TRIP=> India Status Report on Road Safety: 2024

UNESCO=> The United Nations World Water Development Report 2025

WEF=> Chief Economists Outlook 2025

WHO=> World Health Statistics 2025

Upcoming Conferences/Call for papers
National Conferences /Seminars
International Conferences /Seminars
CEPR International Macroeconomics and Finance (IMF) Programme Meeting 2025, October 16-17, 2025

Last Date for submission: June 15, 2025

University of Lausanne, Switzerland

4th Workshop on Macroeconomic Policy in Emerging Markets ASB/Banco Central de Chile/CEPR/ERSA, January 8-9, 2026

Last Date for submission: July 15, 2025

Santiago de Chile, Chile

CESifo Area Conference on Behavioral Economics 2025, October 24-25, 2025

Last Date for submission: July 01, 2025

CESifo, Munich

Risk and Risk Management in the Agricultural Economy, November 21, 2025

Last Date for submission: August 12, 2025

Cambridge, Massachusetts

Long-Term Fiscal Policy: The Economics of Debt and Deficits, February 26-27, 2026

Last Date for submission: October 16, 2025

Cambridge, Massachusetts

Database of the month
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Global Fuel Prices Database


The Global Fuel Prices Database provides consistent monthly retail price data for regular gasoline, premium gasoline, diesel, kerosene, automotive LPG, bottled LPG, heating oil, and heavy fuel oil (HFO) for the period from December 2015 to April 2025. The database is based entirely on publicly available information. In countries with regulated fuel prices, the author manually compiled monthly price announcements from official sources, including the websites and social media channels of petroleum agencies, ministries of finance and energy, and national statistical offices. Where official announcements were not directly accessible, data were sourced from local news articles reporting government press releases. For countries with deregulated fuel markets conducting regular price surveys, the database incorporates published monthly average prices at the national level and, where available, for major cities.....

Internet Resources
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ECRcentral is a central platform for early career researchers to find research fellowships, travel grants, and to share experiences, resources, and feedback. It is a community-driven initiative launched by eLife Ambassadors in 2018. The program supports the development of new initiatives in areas such as preprints, reproducibility, and funding by facilitating local discussions and connecting communities with international developments. ECRcentral invites users to get involved by adding or updating funding opportunities on the platform. It is built using open-source technology, with all source code and documentation publicly available through its GitHub repository, enabling the community to contribute, improve, and freely reuse the code...


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The Student Guide to Artificial Intelligence is a free, accessible resource designed to help college students navigate the opportunities and challenges of AI in their academic and professional lives. Developed by Elon University’s Imagining the Digital Future Center in partnership with the American Association of Colleges and Universities (AAC&U), the guide introduces foundational AI concepts, explores ethical considerations, and offers practical advice for using AI tools responsibly in coursework and career planning. Available in multiple languages under a Creative Commons license, it’s endorsed by leading education and technology organizations, making it a valuable tool for students worldwide as they engage with AI’s growing influence...

Recent research articles
How Do Nuclear Energy, Geothermal Energy, Urbanization, and Minerals Depletion Affect Environmental Quality: New Insights From E7 Countries by Xianping Zhang et al

Natural Resource Modeling, May 2025

Achieving environmental sustainability is of utmost importance to economies worldwide, regardless of their level of development. As a result, most international economies have accepted several accords to deal with environmental issues on a global scale. Reducing reliance on fossil fuels has been broadly recognized as the pinnacle...

Heterogeneity in Returns to Education in India: A Quantile Regression Analysis by Aibanskhem Nongspung and Veronica Pala

The Indian Journal of Labour Economics, May 2025

This paper analyses returns to schooling in India using quantile regression with the data from the Periodic Labour Force Survey (PLFS) of 2017–18. The analysis is carried out for regular wage/salary earners, casual workers and self-employed persons. Quantile returns represent the wage differentials between individuals in the...

A Generalized Atkinson Index of Inequality by Sriram Shankar

Journal of Quantitative Economics, May 2025

This paper introduces a generalized Atkinson index of inequality and demonstrates its adherence to several key properties expected from any measure of inequality, such as anonymity, scale independence, population replication, transfer principle, and rising tide. Additionally, it shows that the conventional Atkinson...

Redefining Intra-brand Licensing: Can Vertical Differentiation Transform Patent Strategies? by Saswati Chakraborty and Oindrila Dey

Journal of Quantitative Economics, May 2025

This paper explores the potential for technology licensing between intra-brand competitors amid inter-brand competition. By integrating the role of vertical differentiation in the framework, we get some contrasting results from the existing literature. We find that when innovation is non-drastic the optimal license contract for a given...

Analyzing the Impact of Structural Change on Aggregate Productivity in Indian States: A Three Sector Study by T Thasni, Kausik Gangopadhyay and Debasis Mondal

Journal of Quantitative Economics, May 2025

In this paper, we present the substantial disparities in sectoral labour productivity across Indian states from 1983 to 2017. We decompose the change in aggregate labour productivity into two components - ‘within sector’ and ‘reallocation’ - utilizing a three sector disaggregation. Reallocation, or structural transformation...

Do the Wealthy Underreport Their Income? Using General Election Filings to Study the Income–Wealth Relationship in India by Ram Singh

The Review of Income and Wealth, May 2025

To examine the income-reporting behavior of individuals and households across wealth groups in India, we use new and publicly available information in election filings, along with Forbes' list and income tax data. We find that the wealthier a household is, the smaller the income it reports relative to its wealth....

Statistical Resources

Database on Indian Economy (DBIE)

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