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Online Discussion Roundtable on Union Budget 2022" rel="bookmark"> Roundtable on Union Budget 2022
Indira Gandhi Institute of Development Research (IGIDR), Mumbai, a Deemed University established by the Reserve Bank of India in the sphere of higher learning and Economics, is organising a Round Table Discussion on Union Budget 2022-23. IGIDR cordially invites you to the ROUND TABLE DISCUSSION on UNION BUDGET 2022-23 on Friday, February 11, 2022 from 4.00 P.M.- 6.00 P.M
Event DetailsIGIDR Webinar:The OECD Weekly Tracker: Economic Now casting with Google Trends" rel="bookmark"> The OECD Weekly Tracker: Economic Now casting with Google Trends
The OECD Weekly Tracker of GDP provides real-time estimates of “weekly GDP” using machine learning and Google Trends. It has a wide country coverage of OECD and G20 countries. The Tracker is thus particularly well suited to assessing activity during the turbulent period of the current global pandemic. It applies a neural network to a panel of Google Trends data for 46 countries and aggregates together information about search behaviour related to consumption, labour markets, housing, trade, industrial activity and…
Event DetailsIdentifying the Vulnerable: Concepts and Measurement
Abstract: Vulnerability to poverty, which broadly captures the susceptibility to becoming poor in the future, has become an integral part of any deprivation assessment. In this paper, we take a fresh look at measuring vulnerability, where we separate out the identification part of whether an individual is vulnerable, from their level of vulnerability. Given the substantial informational challenges that one faces in the context of measuring vulnerability, our framework allows for different information sets for identification and aggregation. These challenges…
Event DetailsSeminar: Free Power, Irrigation and Groundwater Depletion : Impact of the Farm Electricity Policy of Punjab, India" rel="bookmark"> Free Power, Irrigation and Groundwater Depletion : Impact of the Farm Electricity Policy of Punjab, India
Speaker: Ms. Disha Gupta Venue: Seminar-1 Abstract: This paper provides causal evidence of the impact of a change in the policy regime from flat rate to free farm electricity pricing, introduced in Punjab, India in February 1997 using a difference-in-differences framework. Based on village-level data from the second and the third rounds of the Minor Irrigation Census, the study finds a differential increase in the number of electric-operated tubewells and horsepower load of pumps in Punjab as compared to an agriculturally-similar and neighbouring…
Event DetailsSeminar: Poverty in India Has Declined over the Last Decade But Not As Much As Previously Thought" rel="bookmark"> Poverty in India Has Declined over the Last Decade But Not As Much As Previously Thought
Venue: Seminar-1 Abstract: The last expenditure survey released by India’s National Sample Survey organization dates back to 2011, which is when India last released official estimates of poverty and inequality. This paper sheds light on how poverty and inequality have evolved since 2011 using a new household panel survey, the Consumer Pyramids Household Survey conducted by a private data company. The results show that: (1) extreme poverty is 12.3 percentage points lower in 2019 than in 2011, with greater poverty reductions…
Event DetailsSeminar: 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…
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