NO : WP-2025-027 AUTHOR : Saurav Kumar, Taniya Ghosh, Shesadri Banerjee TITLE : Carbon Credit Trading and India’s Green Transition ABSTRACT : This study examines the macroeconomic dynamics under the recently announced intensity-based Carbon Credit Trading Scheme (CCTS) in India using an Environmental Dynamic Stochas¬tic General Equilibrium framework. The policy freely allocates carbon certificates […]
Latest News
Dr. Ashima Goyal, Emeritus Professor, gave the valedictory address at the Indian Institute of Foreign Trade Economics Conclave 2025, New Delhi.
MPC signals maturity as policy counters shocks with confidence by Ashima Goyal
Exchange Rate Volatility and its Impact on Borrowing Costs by Ashima Goyal and Sritama Ray
NO : WP-2025-026 AUTHOR : Ashima Goyal and Sritama Ray TITLE : Exchange Rate Volatility and its Impact on Borrowing Costs ABSTRACT : Reducing borrowing costs for emerging markets (EMs) is a challenge. The additional country risk premia that foreign investors seek are primarily driven by a fear of unexpected currency depreciation; which often […]
The battle for top faculty by Jai Mohan Pandit
Explaining Indian growth fluctuations by Ashima Goyal
Revisiting the Impact of TRIPS on Trade: Evidence from Staggered Difference-in-Differences by Ridwan Ah Sheikh and Sunil Kanwar
NO : WP-2025-025 AUTHOR : Ridwan Ah Sheikh and Sunil Kanwar TITLE : Revisiting the Impact of TRIPS on Trade: Evidence from Staggered Difference-in-Differences ABSTRACT : This paper uses an extended two-way fixed effects (ETWFE) estimator for staggered difference-in-differences to evaluate the impact of compliance with the 1995 agreement on Trade-Related Aspects of Intellectual […]
The good run of inflation targeting: Keep the framework, improve data by Rajeswari Sengupta and Vaishali Garga
US Tariff Shocks and India–US Trade Negotiations: Balancing Strategic Design and Agricultural Sensitivities by Himanshu Jaiswal and A. Ganesh-Kumar
NO : WP-2025-024 AUTHOR : Himanshu Jaiswal and A. Ganesh-Kumar TITLE : US Tariff Shocks and India–US Trade Negotiations: Balancing Strategic Design and Agricultural Sensitivities ABSTRACT : This study evaluates the economic implications of recent US tariff escalations, centered on the “7th and 27th August Tariff Shock”, and examines India’s strategic options in responding […]
