Events

Abstract:- Non-performing assets in the Indian banking sector increased significantly in the 2010s, accompanied by a slowdown in credit and GDP growth rates. In this paper, we show that non-performing assets in the banking sector and profit ratios in commodity-sensitive non-financial sectors are highly correlated with global commodity prices. To estimate the effect of movement in commodity prices on non-performing assets, we create nominal price and inflation exposure indices for banks using novel data on banks’ sectoral exposure and commodity…

Abstract: We consider a model of electoral competition with single-plateaued preferences and characterize the winning set for (i) finite set of voters and (ii) a continuum of voters. We show that the winning set for discrete voters need not divide the set of ‘ideal points’ or mid points of voters into two equal halves. For the continuum of voters with continuous distribution of end points we find that the winning set is a singleton set (not the median voter’s plateau) and the parties converge in equilibrium. We…

Date and Time: 4th January, 2023 at 4.15 p.m. (IST) Speaker: Dr. Smruti Bulsari (University of Essex) Venue:  Seminar Hall -1   Abstract:- Data science and big data analytics have started occupying important place, when it comes to working with data. Traditionally, in economics research, one begins with formulating hypotheses, based on one’s domain knowledge / existing theories, which are then examined using the relevant data and appropriate statistical / econometric analytical techniques. Data science, on the other hand, begins with extracting data, that is relevant…

Abstract:- We model and estimate the relationship between wealth and reported income for individuals and families across different wealth groups in India. We use a new dataset based on affidavits filed by election contestants, the Forbes List of billionaires, and the statistics published by the Indian Tax Department. We show that the wealthier the individual or the family, the lesser the reported income relative to wealth. On average, a 1% increase in family wealth is associated with a decrease of…