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IGIDR 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…
Event DetailsIGIDR Seminar: ” Trade, Liquidity and Monetary Spillovers under Dollar Dominance “
Abstract:- The US dollar is the dominant currency for international trade invoicing. Additionally, US dollar bonds have low returns reflecting a liquidity premium over other assets traded internationally. Using these facts in a two-country model with international trade and liquidity we find a striking difference in spillovers of monetary policy emanating from the dominant country as compared to its non-dominant trading partner. While firm entry falls in both countries in response to a contractionary monetary policy in the dominant country,…
Event DetailsIGIDR Seminar: “Do status and identity shape adherence to advice?”
Abstract:- Many of the decisions we make are significantly shaped by advice from others. Despite this, limited research has explored whose advice we are more inclined to follow and how this influences social outcomes. In a lab-in-the-field survey experiment with approximately 3000 farmers in India, we examine whether the status and identity of the advisor influences cooperative behaviour. Our findings indicate that the advisor’s identity does not influence the likelihood of following advice when the advice promotes pro-social outcomes. However,…
Event DetailsIGIDR Seminar: ” Evolution of Income Inequality in India Since Independence: Results from India’s Household Income Surveys “
Abstract:- This paper examines the trajectory of income inequality in India since independence, relying on lesser-known but rigorously conducted household income surveys by private research institutions such as the National Council of Applied Economic Research (NCAER) and People Research on India’s Consumer Economy (PRICE). The analysis primarily draws on findings from these studies over the past seven decades, revealing a complex landscape shaped by economic policies, demographic shifts, and political changes. While substantial economic growth has been achieved, income inequality…
Event DetailsIGIDR Seminar: ” Beneath the Thread: Decoding Worker Turnover and its Implications for the Indian Textile Industry “
Abstract:- This study examines worker turnover patterns and their determinants for a leading Indian textile export firm using a comprehensive four-pronged methodological approach: discussions with management, interviews of current workers, analysis of administrative panel data of workers, and a survey of former workers. The findings reveal a high annual worker turnover rate of 92-94%, with 60-70% of workers leaving within six months. While there is no significant gender variation in turnover, the migrant turnover rate is more than double that…
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