BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Indira Gandhi Institute of Development Research - ECPv4.1.2//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:Indira Gandhi Institute of Development Research
X-ORIGINAL-URL:http://www.igidr.ac.in
X-WR-CALDESC:Events for Indira Gandhi Institute of Development Research
BEGIN:VEVENT
DTSTART;TZID=Asia/Kolkata:20200708T160000
DTEND;TZID=Asia/Kolkata:20200708T170000
DTSTAMP:20260408T045115
CREATED:20200706T145611
LAST-MODIFIED:20200706T145611
UID:9904-1594224000-1594227600@www.igidr.ac.in
SUMMARY:IGIDR Webinar: Fiscal Policy and Transmission: The Case of India’s States
DESCRIPTION:Speaker:  Dr. Nikhil Damodaran\, Jindal School of Government and Public Policy\, Haryana\n\nDate & Hour:  08 July 2020\, 4:00 pm\n\nTitle:  Fiscal Policy and Transmission: The Case of India’s States\n\nAbstract:  The magnitude of interstate trade in India adds a unique dimension to within and interstate transmission of fiscal policies. We exploit regional variations in fiscal policy to examine its local potency and spillover using a two country New Keynesian model. We find that an increase in spending generates larger domestic expansion than a reduction in excise or VAT cut. Although an increase in spending worsens home trade balance\, it triggers a positive spillover on the trading partner thus contributing to regional stability. We also implement a fiscal devaluation through excise-VAT adjustments which rely on interstate trade to boost domestic output
URL:http://www.igidr.ac.in/seminars/igidr-webinar-fiscal-policy-transmission-case-indias-states/
LOCATION:IGIDR\, Santosh Nagr\, Goregaon East\, Mumbai\, 400065\, India
CATEGORIES:latest news,Upcoming events
END:VEVENT
END:VCALENDAR