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November-2024 Volume 6 | Issue No.8 Archives
Indira Gandhi Institute of Development Research EconBuzz


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Fellowships and awards

=>International Economic Research Annual (IERA) Award 2024 by India Exim Bank
Last date to apply: December 31, 2024

=>Atlantic Fellows for Social and Economic Equity Programme, 2025-26
Last date to apply: January 10, 2025

=>Stanford University - SIEPR : Postdoctoral Fellows program, 2024-2025
Last date to apply: January 31, 2025

=>International Climate Protection Fellowship
Last date to apply: February 01, 2025

=>British Academy International Fellowship
Last date to apply: February 07, 2025

=>Royal Thai Government Scholarships: His Majesty the King’s Scholarships for Doctoral Programs August 2025
Last date to apply: February 28, 2025



Video of the month


IGIDR Research Publications

1.Biswas, Shreya; Sarkar, Jayati and Selarka, Ekta (2024). Women director interlocks and firm performance: Evidence from India. Pacific-Basin Finance Journal. Elsevier


2.Chandrasekhar, S and Raveendra Kumar (2024). Distinction between work and employment in rural India : Estimates from Periodic Labour Force Surveys. Economic and Political Weekly, V.59(44-45)


2.Gupta, Tanu and Ganesh Kumar, A. (2024). Structural equation approach to modeling social norms in women’s education: A Case study of India. Journal of Quantitative Economics. Springer


IGIDR Working Papers

1. Ajit, Yadavindu and Ghosh, Taniya (2024). Does inflation targeting live up to all the hype? (WP-2024-024)

2. Rozi Kumari, Kumar, A Ganesh and Vaidya, Rajendra (2024). Discrimination in Credit Markets: The Case of Female Entrepreneurs in India (WP-2024-025)

Recent Reports and Publications

ADB=> Asia-Pacific Climate Report 2024

FAO=> State of the World’s Forests 2024

IEA=> Energy Technology Perspectives 2024

IMF=> World Economic Outlook, October 2024: Policy Pivot, Rising Threats

MOSPI=> PLFS Quarterly Bulletin July-September 2024

RBI=> Report On Municipal Finances

McKinsey=> Global Insurance Report 2025

UNCTAD=> Trade Preferences Outlook 2024

UNDP=> Global Multidimensional Poverty Index (MPI) 2024

UNICEP=> The State of the World's Children 2024

WEF=> Accelerating an Equitable Transition: Policy Guidelines for Impact

Upcoming Conferences/Call for papers
National Conferences /Seminars
International Conferences /Seminars
CESifo Area Conference on Energy and Climate Economics 2025, March 14-15, 2025

Last Date for submission: December 16, 2024

Munich, Germany

CESifo Area Conference on Public Economics 2025, March 19-21, 2025

Last Date for submission: December 31, 2024

Munich, Germany

Beliefs and the Macroeconomy, June 05-06, 2025

Last Date for submission: January 23, 2025

Belgium

RFBerlin-CEPR Annual Symposium in Labour Economics 2025, June 12-13, 2025

Last Date for submission: January 31, 2025

Berlin, Germany

CEPR Public Economics Annual Symposium 2025, June 05-06, 2025

Last Date for submission: January 31, 2025

Cologne, Germany

CESifo Area Conference on Global Economy 2025, May 16-17, 2025

Last Date for submission: February 13, 2025

Munich, Germany

Bank of Finland and CEPR Joint Conference on Frontiers of Monetary Economics in the 21st century: Where and Where to?, May 13-14, 2025

Last Date for submission: February 15, 2025

Helsinki, Finland

Database of the month
World Political Cleavages and Inequality Database

The World Political Cleavages and Inequality Database (WPID): The World Political Cleavages and Inequality Database (WPID) is a global research initiative involving around twenty researchers, offering an extensive dataset on political cleavages and social inequalities in electoral democracies since the mid-20th century. It relies on harmonized electoral surveys from plural elections, capturing voters electoral behaviors and socioeconomic characteristics, such as income, education, occupation, gender, age, national origin, and ethnoreligious identity. Despite some imperfections, these surveys are a vital resource for studying the interplay between political cleavages and social inequalities....

Internet Resources
Top Image

Rotting Research: Rotting Research is a platform designed to address the issue of link rot in scholarly publications. It allows researchers to upload their documents, such as PDFs, and analyze the embedded hyperlinks to determine their reliability. The system generates detailed reports, identifying broken links and suggesting persistent link strategies to ensure long-term accessibility. Originally developed as a command-line tool named Linkrot, the project has expanded into a web application powered by open-source technologies. It aims to enhance the integrity of academic citations and educate scholars about mitigating the impact of link rot...

Explainpaper: is an AI-powered tool designed to simplify the understanding of complex academic research papers. Users can upload a paper, highlight difficult sections, and receive clear, concise explanations generated by advanced natural language processing algorithms. Additional features include the ability to ask follow-up questions for further clarification, explore related links for context, and save explanations for future reference. This tool is particularly useful for researchers and students, making dense and jargon-heavy material more accessible and time-efficient to review...

Recent research articles
Target price accuracy of sell-side analysts: evidence from India by Kadam, S., & Sethi, M.

Cogent Economics & Finance, November 2024

Target prices forecasted by sell-side equity research analysts play a crucial role in market participants’ investment decisions. We, using a large sample for Indian markets, determine during the period and end of the period 12-month ahead target price achievements, examine the effectiveness of valuation methods for....

Are inflation expectations anchored in India? A peek through the credibility lens by Patnaik, Anuradha

International Economics and Economic Policy, November 2024

We provide a measure of the credibility of the monetary policy of India after implementation of the Flexible Inflation Targeting (FIT) framework and attempt to deduce, if inflation expectations are anchored in India. The methodology involves (a) construction of a credibility index for the period 2012 to 2022 using annual data and....

Seed market dynamics and diffusion of new wheat varieties in Bihar, India: a supply-side perspective by Kala-Satheesh, Hari Krishnan, et al.

Agricultural and Food Economics, November 2024

An examination of the dynamics of seed markets in Bihar, India, reveals a paradox—despite an influx of wheat varieties bred by public and private sectors and the proliferation of seed market networks in rural villages, older wheat varieties remain prevalent necessitating a thorough investigation of....

A Quantile Dependence among Exchange Rate, Stock Prices and Oil Prices: An Empirical Evidence from India by Aldawsari, Salem Hamad, et al.

Annals of Financial Economics, November 2024

This study investigates the dynamic relationship between exchange rates, oil prices, and stock prices in the Indian market, considering bearish, bullish, and neutral market states. By utilizing the Quantile ARDL method, we explore long- and short-run relationships in differing market states. The variations in sensitivities of oil....

Illicit gains and state capture: Political party extortion in India and Pakistan by Siddiqui, N., Stommes, D., & Waseem, Z.

World Development, November 2024

Political parties engage in extortion across the developing world. However, discussion of this phenomenon is largely absent from existing research. Drawing upon hundreds of in-depth interviews with local political party leaders, bureaucrats, journalists, and the police in regions of India and Pakistan....

Mathematics learning inequality among Indian children: An Insight into child learning with respect to parental schooling status by Parvez, Aquib

Indian Economic Review, November 2024

By categorizing children on the basis of the schooling status of their parents, this paper explores the mathematics learning inequality among Indian children at two points, 4 years apart. This has been studied in the context of their respective differences in the average socio-economic background characteristics....

Intergenerational dynamics of environmental consciousness and economic growth: An OLG model analysis by Safi, Fatma and Hassen, Lobna Ben

Indian Economic Review, November 2024

This paper explores the complex interactions between environmental awareness at different life stages, taxation policies, and human capital accumulation within an overlapping generations model featuring two-period-lived households...

Impact of drought on out-migration among rural farm households in India: does participation in non-farm activities and access to irrigation make any difference? by Sreekumar, Gauri and Mandal, Sabuj Kumar

Indian Economic Review, November 2024

While the effect of rainfall and temperature anomalies on migration is well documented in the literature, little is known about the impact of climate-change-induced extreme events, particularly drought, on migration among rural farm households in India. Moreover, moderating impact of non-farm activities and access to irrigation...

Labour Supply of Cultivator and Labour Households: Insights From a Longitudinal Survey in Vidarbha, Maharashtra by Gaurav,Sarthak; Singh, Rahul Kumar and Ranganathan, Thiagu

The Indian Journal of Labour Economics, November 2024

This paper presents evidence on the labour supply of agricultural households in the Vidarbha region of Maharashtra, a predominantly rainfed region where agricultural households are dependent on cotton and soybean cultivation. Using panel data of cultivator and labour households...

The Developmental Possibilities of Gig Work on Digital Platforms: The Limits to the Hope and Hype in India by Parthasarathy, Balaji et al

The Indian Journal of Labour Economics, November 2024

Institutional changes that have emphasised flexible labour markets and advances in technologies, have made digital platforms commonplace. As platforms mediate an increasing number of services, the dominant work opportunity they offer is gigs to independent contractors...

The Impact of New Technology on Employment in India’s Manufacturing Industry: Examining the Diffusion of Multi-Purpose Industrial Robots by Mani, Sunil

The Indian Journal of Labour Economics, November 2024

The widespread displacement of jobs due to technology has become a central concern in academic and public discussions. As automation accelerates across various occupations, researchers have predominantly focused on an occupation-based perspective, which often predicts negative effects on employment...

What’s in the Text?—A Text-Based Financial Constraint Index for Indian Manufacturing Firms by Jose, Amal and Bhaduri, Saumitra

Journal of Quantitative Economics, November 2024

The paper introduces a text-based index for measuring financial constraints. The study employs a novel phrase-matching algorithm to measure financial constraints. The phrase matching method (PMM) index captures the severity of financial constraints by calculating the percentage of constraint phrases in the annual report...

Self-Selection and Private Returns to Education in India: Evidence from NSSO Data by Nongspung, Aibanskhem and Pala, Veronica

Journal of Quantitative Economics, November 2024

In this paper, we estimate the returns to general and technical education for regular and casual employment in India. We use the Employment and Unemployment Surveys of the National Sample Survey Office for the years 2004–2005 and 2011–2012. We find that education increases the likelihood of regular wage employment...

Composition of Intermediate Inputs: Detangling Price and Quantity Effect by Choudhry, Sonam

Journal of Quantitative Economics, November 2024

India’s manufacturing sector reflects a steady growth in the intermediate in- put intensity in the recent time. This paper is designed to examine the rich plant level data on Indian formal manufacturing sector to understand the decomposition of the ratio of input and value of output...

Analyzing a New Portfolio Balance Model with Micro and Macro Determinants of Exchange Rate when Expectations are Rational by Bhattacharyya, Karnikaa and Deb, Kaveri

Journal of Quantitative Economics, November 2024

The current study incorporates a modified version of Kouri's (1983) portfolio balance rational expectations model to determine and forecast the bilateral exchange rate between India and the US for the period 1996:Q2-2019:Q3. The assumption of rational expectations...

Post-pandemic Credit Allocation and Real Economic Activities: Evidence from Indian Firms by Agarwal, Arpita; Bansal, Rishuka and Muduli, Silu

Journal of Quantitative Economics, November 2024

This study examines the borrowing behaviour and the consequent real outcomes of non-financial Indian firms in the aftermath of COVID-19. Using borrower-level data for 2018–2022, the empirical analysis uncovers a substantial reduction in bank borrowings post-pandemic, although the impact was significantly lower for financially vulnerable...

Statistical Resources

Database on Indian Economy (DBIE)

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