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Seminar: Implementation In Undominated Strategies With Applications To Auction Design, Public Good Provision And Matching" rel="bookmark"> Implementation In Undominated Strategies With Applications To Auction Design, Public Good Provision And Matching
Abstract:- This paper considers implementation in undominated strategies by finite mechanisms, where multiple outcomes may be implemented at a single state of the world. We establish a sufficient condition for implementation applicable in a general environment with private values. We apply it to three well-known environments and obtain strikingly permissive results. In the single-object auction, the second-price auction with a reserve price can be outperformed in terms of revenue. In the public good provision prob- lem, the Vickrey–Clarke–Groves mechanism can…
Event DetailsSeminar: BIAS IN MEASURING REAL EXPENDITURE: WELFARE IMPLICATIONS" rel="bookmark"> BIAS IN MEASURING REAL EXPENDITURE: WELFARE IMPLICATIONS
Abstract:- Real Income has been typically used to detect changes in living standards both over time and across spaces. In national account statistics real income is calculated using GDP deflator. Yet the standard practice of price adjustments using such aggregate price indices ignores relative price changes despite being well-established that relative price changes have significant implications for the consumption expenditure pattern of households and the measurements of economic well-being. Using four rounds of NSS Consumption Expenditure Survey data, this article…
Event DetailsSeminar:Can Cultural Links and Shared Language Transcend Country Divide? Evidence from West Bengal (India) and East Bengal (Bangladesh) on Fertility Rates" rel="bookmark"> Can Cultural Links and Shared Language Transcend Country Divide? Evidence from West Bengal (India) and East Bengal (Bangladesh) on Fertility Rates
Abstract:- The principal motivation is to investigate the role that strong cultural links play in bridging country divide between people across the borders in neighbouring countries and, correspondingly, whether the lack of such links open up divide between residents in the same country. Fertility rate was chosen as the key behavioural outcome for the comparisons. The partition of Bengal into West Bengal (in India) and East Bengal (Bangladesh) provided the opportunity to examine the issue given the strong cultural links…
Event DetailsSummer SchoolSummer School on Econometrics and Machine Learning" rel="bookmark"> Summer School on Econometrics and Machine Learning
Indira Gandhi Institute of Development Research (IGIDR) is a deemed to be university and an advanced research institute established and fully funded by the Reserve Bank of India for carrying out research on development issues from a multi-disciplinary point of view. The Summer School on Econometrics and Machine Learning is part of the FLAIR 4 Big Data initiative of IGIDR that seeks to Foster Learning, Analysis, Insights and Research on Big Data. The initiative is supported by a grant from…
Event Details21st Annual Conference of the Indian Association of Social Science Institutions (IASSI)
The 21st Annual Conference of the Indian Association of Social Science Institutions (IASSI) will be held during 13-15 June, 2022 at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. Dr. Kirit Parikh, the well-known economist and Chairman, IRADe and former Member, Planning Commission is the Conference President. Professor A. Ganesh Kumar, IGIDR and Dr. Jai Mohan Pandit, Registrar, IGIDR are the Organising Secretaries of the Conference. Click here for the conference website for more details.
Event DetailsWorkshopGeo-statistical Methods for Economic Analysis" rel="bookmark"> Geo-statistical Methods for Economic Analysis
Indira Gandhi Institute of Development Research (IGIDR) is a deemed to be university and an advanced research institute established and fully funded by the Reserve Bank of India for carrying out research on development issues from a multi-disciplinary point of view. IGIDR is organising a workshop on Geo-statistical methods for economic analysis from June 20 to June 24 2022. Click here to go the event page
Event DetailsSummer School on Econometrics and Machine Learning
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Event DetailsIGIDR Seminar: Food, Fuel, and Facts: Distributional Effects of External Shocks
Date and Time: 21st September 2022 at 4.15 p.m. (IST) Speaker: Dr. Gautham Udupa, Research Director at CAFRAL Venue: Seminar-1 Abstract:- In this paper we investigate the distributional implications of rising global food and oil prices using rich consumption and income panel data from India. We show that these external price shocks pass-through to domestic prices. We document that consumption inequality rises for the entire horizon of one year following a positive shock to global food and fuel prices. Using…
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