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October-2019 Volume 01 | Issue No. 07 Archives
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Indira Gandhi Institute of Developmenet Research EconBuzz


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Fellowships and awards

=> NSE Award for the Best thesis in financial Economics
Last date to apply: November 15, 2019

=> Mahatma Gandhi National Fellowship by IIM-B
Last date to apply: November 20, 2019

=> NBER - Pre/Post Doctoral Fellowships

Video of the month

IGIDR Research Publications

1.Chaudhuri, Sumana, and Shovan Ray (2019). Social and Economic Impact Analysis of Vadinar Refinery of Essar Oil: The Case of a Mega Refinery. The Indian Economic Journal, Published online October, 2019

2. Goyal, Ashima and Abhishek Kumar (2019). Indian growth is not overestimated: Mr. Subramanian you got it wrong. Macroeconomics and Finance in Emerging Market Economies. Taylor & Francis, Published online September, 2019

3. Goyal, Ashima and Goel, Gagan (2019). Correlated Shocks, Hysteresis, and the Sacrifice Ratio: Evidence from India. Emerging Markets Finance and Trade. Taylor & Francis, Published online October, 2019

4. Bhardwaj, P. and Abhishek Kumar (2019). Determinants of firm-level investment in India: Does size matter?. Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis, Published online October, 2019

5. Suryanarayana, M.H. (2019). Inclusion Versus Marginalization: Concepts and Measures. In: Sekher M., Carciumaru R. (eds) Including the Excluded in South Asia. Springer, ISBN: 978-981-32-9759-3

6. Book Review : Mahendra Dev, S (2019). Human Development for Freedoms in a World of Rising Inequalities. "Human Development in an Unequal World by K Seeta Prabhu and Sandhya S Iyer, New Delhi: Oxford Uni Pr"


ResearchGate is the professional network for scientists and researchers. It is an online research network platform to share, discover, and discuss research related content. ResearchGate's mission is to connect the world of science and make research open to all. It connects you with other researchers, helps you discover content valuable to your work, and lets you make your own research visible...

Recent Reports and Publications

==>> NCRB - Crime in India, 2017

==>> Bloomberg - The New Economy Drivers and Disrupters Report:Tracking the Forces Threatening the World’s Hottest Economies

==>> IMF - World Economic Outlook, October 2019: Global Manufacturing Downturn, Rising Trade Barriers

==>> World Economic Forum - Global Competitiveness Report 2019: How to end a lost decade of productivity growth

==>> Climate Central- Report: Flooded Future: Global vulnerability to sea level rise worse than previously understood

Upcoming Conferences/Call for papers
National Conferences
International Conferences


NBER- New Developments in Long-Term Asset Management, May 7-8, 2020

Last date for paper submission: January, 2020

Cambridge, USA

NBER-Ageing and Health, June 1-2, 2020

Last date for abstract submission: December 9, 2019

Munich, Germany

JADE-CEPR-TIME-CREPE Conference on Economic Development, April 18-19, 2020

Last date for abstract submission: January 5, 2019

Tokyo, Japan

Fifth Conference Global Value Chains Trade and Development "Trade Agreeements and Supply Chains" May 14-16, 2020

Last date for abstract submission: January 15, 2019

Brussels, Belgium

The 9th International Conference on Economics and Finance Research (ICEFR 2020), June 17-19, 2020

Last date for paper submission: February 15, 2020

Paris, France


Database of the month
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UNESCO-Statistics: A powerful and easy-to-use browser for viewing and downloading the most popular UIS data and indicators in tables. It is a depository for cross-national comparable statistics on education, science and technology, culture, and communication. Data is organized in a tree view by topic and presented using a simple three-dimensional format (indicator, country or region, year). Users can build their own customized tables and export data in Excel format...



Internet Resources




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DOAJ is a community-curated online directory that indexes and provides access to high quality, open access, peer-reviewed journals. All DOAJ services are free of charge including being indexed in DOAJ. All data is freely available...

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The primary aim of DOAB is to increase discoverability of Open Access books. Academic publishers are invited to provide metadata of their Open Access books to DOAB. Metadata will be harvestable in order to maximize dissemination, visibility and impact...

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OATD aims to be the best possible resource for finding open access graduate theses and dissertations published around the world. Metadata (information about the theses) comes from over 1100 colleges, universities, and research institutions. OATD currently indexes 5,079,079 theses and dissertations....

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Open Educational Resources (OER) Open educational resources (OER) are teaching, learning, and research resources that reside in the public domain or have been released under an intellectual property license that permits their free use and re-purposing by others. OER include full courses, course materials, modules, textbooks, streaming videos, tests, software, and any other tools, materials, or techniques used to support access to knowledge...

Recent research articles
Does a Good Father Now Have to Be Rich? Intergenerational Income Mobility in Rural India by Shariq Mohammed, A. R.

Labour Economics, October 2019

For developing countries, it is difficult to find income mobility studies that rely on datasets linking parents with their children. Most of the available evidence for developing countries, instead, relies on co-resident...

On the Equivalence of Private and Public Money by Brunnermeier, Markus K.; Niepelt, Dirk

Journal of Monetary Economics, October 2019

When does a swap between private and public money leave the equilibrium allocation and price system unchanged? To answer this question, the paper sets up a generic model of money and liquidity which identifies...

A New Order of Financing Investments: Evidence from Acquisitions by India's Listed Firms by Jindal, Varun; Seth, Rama

Journal of Corporate Finance, October 2019

We propose a new order of financing investments based on the considerations of control and financial constraints in a market with the presence of business groups. We base our analysis on a sample of acquisitions...

Nominal Wage Rigidity in Village Labor Markets by Kaur, Supreet

American Economic Review, October 2019

This paper develops a new approach to test for downward wage rigidity by examining transitory shocks to labor demand (i.e., rainfall) across 600 Indian districts. Nominal wages rise during positive shocks but do not fall...

Equilibrium Effects of Firm Subsidies by Rotemberg, Martin

American Economic Review, October 2019

Subsidy programs have two countervailing effects on firms: direct gains for eligible firms and indirect losses for those whose competitors are eligible. In 2006, India changed the eligibility criteria for small-firm subsidies...

Economic Inequality and Loss of Commons: Evidence from India by Thapliyal, Sneha; Mukherji, Arnab; Malghan, Deepak

World Development, October 2019

Economic inequality determines collective goods provisioning as well as common pool resources outcomes. However, there is little theoretical or empirical understanding of how (if) inequality influences loss of...

Credit Where Credit's Due: The Enabling Effects of Empowerment in Indian Microfinance by Saha, Bibhas; Sangwan, Navjot

World Development, October 2019

We utilise primary data collected from a North Indian village to examine the impact of women's empowerment on their creditworthiness, as measured by their total annual loan amounts. Our key explanatory variable--an...

Accounting for Growing Urban-Rural Welfare Gaps in India by Azam, Mehtabul

World Development, October 2019

Using data from the large-scale consumption expenditure surveys collected by Indian National Sample Survey Organization, we examine the urban-rural welfare gap in India in 1983, 1993, 2004, and 2011 across the...

The Effect of Health Insurance on Hospitalization: Identification of Adverse Selection, Moral Hazard and the Vulnerable Population in the Indian Healthcare Market by Sengupta, Reshmi; Rooj, Debasis

World Development, October 2019

The Indian healthcare sector is growing at a rapid pace; nevertheless, inequality in healthcare consumption and catastrophic healthcare expenditure is also increasing at an alarming rate. In addition to socioeconomic...

How Do Droughts Impact Household Food Consumption and Nutritional Intake? A Study of Rural India by Carpena, Fenella

World Development, October 2019

This paper investigates the impacts of droughts on food expenditure and macronutrient consumption among rural Indian households. To isolate causal effects, I exploit random year-to-year variation in a dry shock,...

Does Involvement of Local Community Ensure Sustained Energy Access? A Critical Review of a Solar PV Technology Intervention in Rural India by Joshi, Lalita; Choudhary, Deepak; Kumar, Praveen; Venkateswaran, Jayendran; Solanki, Chetan S.

World Development, October 2019

The solar photovoltaic (PV) technologies offer a sustainable solution to energy-poor communities. Adoption and sustained use of solar PV merit participation of local communities in planning and implementation...

Is There Any Evidence of Tax-and-Spend, Spend-and-Tax or Fiscal Synchronization from Panel of Indian State? by Akram, Vaseem; Rath, Badri Narayan

Applied Economics Letters, October 2019

We examine the government revenue and government expenditure nexus using a panel of 26 Indian states from 1980-1981 to 2014-2015. While most of the previous literature claims that revenue and expenditure...

On the Flow of Funds Accounts and Inter-sectoral Mobility of Capital in India by Singh, Tarlok

Applied Economics, October 2019

This study uses the flow of funds accounts framework and undertakes an in-depth analysis of the inter-sectoral mobility of capital in India. Unlike previous studies, the FH model is estimated at the sectoral level using...

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