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Seminar : Priority Sector Lending to Agriculture: Empirical Evidence and Policy Imperatives
Speaker : Dr. Ashutosh Kumar Tripathi (NIBM, Pune) Abstract: Following the financial sector reform, the definition of what constitutes finance to agriculture under priority sector witnessed a series of changes either in form of expansion of coverage or increase in ceiling limit. These changes, introduced by RBI, were part of strategy to facilitate the banks to achieve the same quantitative target without neglecting the viability of the financial institutions. In this context, the study examines the issue – has the…
Event DetailsSeminar :Importance of Non-Pecuniary Factors and Heterogeneity of Farmers in Tillage Choices
Speaker : Dr. Avishek Konar (Ohio State University) Abstract: Abstract: Current research on farmers’ decision making processes focuses on pecuniary variables like profitability of adopted practices while ignoring farmer heterogeneity and the role of non-pecuniary factors, like peer effects. This paper contends that there is an underlying farmer preference structure which is influenced by neighbourhood level variables and peer effects. Using data collected via mail survey from the Maumee watershed counties in Ohio, this paper finds a strong impact of…
Event DetailsSeminar : Global Financial Crisis and Macroprudential Policy
Speaker : Shri Anand Sinha (former Deputy Governor, Reserve Bank of India) Abstract : The Global Financial Crisis, among other things, showed a serious flaw in the regulatory policies. While the notion of financial stability was very much a part of Central Banks’ implicit remit, monetary policy was not considered an appropriate tool to deal with financial imbalances and the regulatory policies were focussed on individual institutions with no policies available to deal with systemic risks. Macroprudential policies have evolved…
Event DetailsSeminar : Monetary Policy and Equity Premium in General Equilibrium under Endogenous Financial Market Segmentation
Speaker : Dr. Vipul Mathur (IIM Bangalore) Abstract: Whether and how the monetary policy should respond to financial sector shocks has been an important inquiry in monetary economics in the recent times. A tremendous amount of interesting research has been conducted on this question, however, the policy prescription remains inconclusive. While the inter-linkages between central banking and financial markets have been explored through a variety of abstractions and frictions, the research has mostly focused on the role of nominal rigidities arising…
Event DetailsSeminar : Exploring alternative methods of revenue recycling to promote environmental cleaning services in low and middle income economies – A Computable General Equilibrium modeling approach
Speaker : Dr. Barun Deb Pal (Institute for Social and Economic Change, Bangalore) Abstract : In this study I have followed a revenue recycling approach to assess economy wide impact of various fiscal instruments using the computable general equilibrium (CGE) model for Uganda and India. To implement these CGE models for Uganda and India I have extended the existing SAM of both of these countries with the resource recovery businesses. For Uganda two different policy scenarios have been developed. First,…
Event DetailsSeminar : Trade Liberalization, Intermediate Inputs, and the Demand for Managers: Evidence from India
Speaker : Dr. Pavel Chakraborty (Norwegian Institute of International Affairs, Oslo) Abstract: Recent studies indicate that globalization plays a central role in understanding how a firm is organized; to this point, however, empirical evidence for this focused strictly on developed economies, while nevertheless recognizing the potential importance of this to developing ones. Adopting the case of India, this paper presents the first attempt to examine this link in a developing economy, focusing on one key aspect of it: the effect…
Event DetailsSeminar : Pattern of Wage Inequality in Indian Manufacturing: Post-liberalisation Experience
Speaker : Dr. Amit Sadhukhan (Institute of Development Studies, Kolkata) Abstract: The phenomena of rising wage/income inequality in some major developing economies over the period of their economic liberalisations since late 1980s has led us to examine this in detail for the case of Indian manufacturing sector covering last two decades of India’s economic liberalisation since early 1990s. It examines wage inequalities using five different measures such as skilled-unskilled wage ratio, ratio of 90 percentile to median wage, ratio of median…
Event DetailsSeminar : A Class of Semiparametric Regression Models
Speaker :Dr. Suchismita Das Abstract : A Class of Semiparametric Regression Models Suchismita Das Abstract In the analysis of lifetimes, multiple regression is a conventional technique for investigating the relationship between the lifetimes, dependent variables and possible prognostic variables x1, x2, . . ., xn. The Cox’s (1972) proportional hazards model used to establish the dependency of the lifetime of a subject X∗ with the baseline random variable X, through the covariates x = (x1, x2, . . ., xn),…
Event DetailsSeminar : Consumption and Time-Use Effects of India’s Employment Guarantee and Women’s Participation
Spaeaker : Dr. Bipasha Maity Abstract: This paper examines the effects of the number of days worked by households under India’s National Rural Employment Guarantee Act (NREGA) on expenditure patterns, food security and individual time-use. We use plausible exogenous variation in administrative bottlenecks regarding the timing of work provision as an instrument for the number of days worked. The paper finds that greater number of days worked increases household food expenditure, and especially spending on dairy, proteins, vegetables-that are likely to…
Event DetailsSeminar : Ontoness Versus Unanimity in the Strategy-proof Social Choice Between Two Alternatives
Speaker : Dr. Anup Pramanik Abstract: In this paper, we study social choice functions (SCFs) for choosing between two alternatives. We consider the “full” preference domain which allows for indifference. In this framework, Larsson and Svensson (2006) characterizes unanimous and strategy-proof rules. However, there are many onto and strategy-proof SCFs which are not unanimous. This paper studies the relationship between ontoness and unanimity while analyzing strategy-proof rules in this framework. In particular, this paper shows the following results. Firstly, we characterize…
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