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IGIDR Seminar: ” Macroeconomic Effects of Scheduled and Unscheduled Monetary Policy Surprises “
Abstract:- Using measures of monetary policy surprises identified from the Overnight Indexed Swap market in India, this paper documents heterogeneity in the effects of monetary policy surprises on scheduled and unscheduled announcement dates. Higher interest rates on scheduled announcement dates lower stock prices, reduce forecasted and actual output as well as inflation. In contrast, unscheduled monetary policy surprises are predictable by past macroeconomic conditions, raise stock prices, output and inflation on impact. These results are consistent with less precise identification…
Event DetailsIGIDR Seminar: “Caste and the Indian Census: “Old” Questions and “New” Challenges”
Abstract:- Conflicts over access to higher education and public sector employment have intensified amidst the lackluster job growth in the country’s formal sector. These conflicts often involve demands for redesigning affirmative action. The success of the next generation of affirmative action policies will critically depend upon, among other things, the quality of underlying statistics. This talk will assess the quality of census data on Scheduled Castes especially in relation to the demands for their sub-categorization. It will also locate the…
Event DetailsISB’s India Data Portal" rel="bookmark"> IGIDR Webinar: ISB’s India Data Portal
IGIDR Seminar: ” University ambidexterity: assessing the nature of interdependence between knowledge exchange and knowledge creation in UK universities “
Abstract:- The concept of university ambidexterity has been advanced to capture the simultaneous pursuit of exploration (research) and exploitation (knowledge exchange). While ambidexterity can enhance organisational performance, tensions and barriers have been identified suggesting it is far from straightforward to achieve. In light of this, it has been proposed that universities follow a ‘twisting learning path’ that alternates between exploration and exploitation. However, this violates the idea that innovation activities are persistent in nature. In order to assess the nature…
Event DetailsIGIDR Seminar: “Do Rural Roads Promote Inclusive Entrepreneurship? (with Ananyo Brahma)”
Abstract:- Achieving inclusivity in entrepreneurship has been challenging. Using data from firms in India, we examine how a national rural road construction program, which connected previously isolated villages, affects entrepreneurship across different social groups. Our findings reveal that new feeder roads boost the number of service enterprises for all caste categories, including lower-caste groups. However, manufacturing entrepreneurship increases only among upper-caste groups. The new roads expand industry diversity in services for lower-caste groups and in both services and manufacturing for…
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