NO : WP-2017-007 AUTHOR :Taniya Ghosh, Sohini Sahu, Siddhartha Chattopadhyay TITLE : Households’ Inflation Expectations in India: Role of Economic Policy Uncertainty and Global Financial Uncertainty Spill-over ABSTRACT : Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation […]
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IGIDR Working Paper: “Measuring electoral competitiveness: A probability ratio index”
NO: WP-2019-014 AUTHOR: Satya R. Chakravarty, Manipushpak Mitra, Suresh Mutuswami and Rupayan Pal TITLE: Measuring electoral competitiveness: A probability ratio index ABSTRACT: We propose an index of electoral competition based on the vote shares of parties competing in the election. This index is the ratio between the probabilities that the two voters […]
IGIDR Working Paper: “Rethinking the Development of Post-War Sri Lanka Based on the Singapore Model”
NO : WP-2017-009 AUTHOR :Sanika Sulochani Ramanayake & Chandana Shrinath Wijetunga TITLE : Rethinking the Development of Post-War Sri Lanka Based on the Singapore Model ABSTRACT : This study explores three major points, namely, Singapore’s development process, Singapore’s model of economic development, and the economic challenges of post-war Sri Lanka. This […]
IGIDR Working Paper: Active Monetary Policy and the Slowdown: Evidence from DSGE Based Indian Aggregate Demand and Supply
NO : WP-2018-005 AUTHOR : Ashima Goyal and Abhishek Kumar TITLE : Active Monetary Policy and the Slowdown: Evidence from DSGE Based Indian Aggregate Demand and Supply ABSTRACT : We explore reasons for the strongly asymmetric Indian monetary transmission and response to other shocks, compared to those of the United […]
IGIDR Working Paper: An analysis of revisions in Indian GDP data
NO : WP-2017-015 AUTHOR : Amey Sapre and Rajeswari Sengupta TITLE : An analysis of revisions in Indian GDP data ABSTRACT : In this paper we study revisions in the annual estimates of India’s GDP data. The objective of our analysis is to understand the revision policy adopted by the Central Statistical Organisation […]
IGIDR Working Paper: Business cycle effect on leverage: A study of Indian non-financial firms
NO : WP-2018-001 AUTHOR : Arpita Pattanaik and Rajeswari Sengupta TITLE : Business cycle effect on leverage: A study of Indian non-financial firms ABSTRACT : In this paper we analyse the effect of business cycle fluctuations on firms’ capital structure using a large panel of non-financial firms in India. In […]
IGIDR Working Paper: Drivers of farmers’ income: The role of farm size and diversification
NO : WP-2017-013 AUTHOR : Varun Kumar Das and A. Ganesh-Kumar TITLE :Drivers of farmers’ income: The role of farm size and diversification ABSTRACT : The basic objective of this study is to analyse the role of farm size and diversification in determining farmers’ income. Using data from NSS 70th round […]
IGIDR WORKING PAPER: Emerging markets perspectives on G-20 led financial reforms
NO : WP-2019-009 AUTHOR : Ashima Goyal and Akhilesh Verma TITLE : Emerging markets perspectives on G-20 led financial reforms ABSTRACT : The chapter examines progress as well as continuing concerns in G-20 led financial reforms, with particular emphasis on emerging markets (EMs). Although risks remain they are of a lower […]
IGIDR Working Paper: Estimating the Relationship between the Current Account, the Capital Account and Investment for India
NO : WP-2017-016 AUTHOR : Ashima Goyal and Vaishnavi Sharma TITLE : Estimating the Relationship between the Current Account, the Capital Account and Investment for India ABSTRACT : Causality from the capital account (KA) to the current account (CA) of the balance of payments indicates disruption from capital flows while the reverse can […]
IGIDR Working Paper: Evolution of the insolvency framework for non-financial firms in India
NO: WP-2016-018 AUTHOR: Rajeswari Sengupta, Anjali Sharma, Susan Thomas TITLE: Evolution of the insolvency framework for non-financial firms in India ABSTRACT: The current Indian framework for corporate insolvency resolution, is fraught with deficiencies in the laws, their procedures, their implementation as well as in the capacity of the institutions supporting them. The […]