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Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy
NO : WP-2024-023 AUTHOR : Sumana Kundu and Rupayan Pal TITLE : Individuals’ Social Concern, Externalities and Voluntary Vaccination: Monopoly and First-Best Public Policy Abstract This paper studies the role of individuals’ social concern in a monopoly vaccine market characterized by externalities, and the first-best public policy. Considering a voluntary vaccination environment and […]
The journey of inflation targeting in India
NO : WP-2024-022 AUTHOR : Radhika Pandey, Ila Patnaik and Rajeswari Sengupta TITLE : The journey of inflation targeting in India ABSTRACT : It has been eight years since India adopted the inflation targeting (IT) framework for its monetary policy. In this paper we present a comprehensive analysis of the IT regime, addressing […]
Weather shocks, economic growth and damage function for India: A varying coefficient semi-parametric approach
NO : WP-2024-021 AUTHOR : Pratik Thakkar and Kausik Gangopadhyay TITLE : Weather shocks, economic growth and damage function for India: A varying coefficient semi-parametric approach Abstract Weather shocks associated with global climate change engender substantial damages, in the order of multi-billion dollars annually, to the Indian economy. Using data from 33 states […]
Capital mobility based on onshore-offshore arbitrage: Empirical evidence from India and China by Nidhi Aggarwal, Sanchit Arora and Rajeswari Sengupta
Monetary policy: Adapting to structure and to shocks by Ashima Goyal and Taniya Ghosh
by Professor Sir Richard Blundell on “Dimensions of Inequality: Reflections from the IFS Deaton Review”
Budget 2024: On the escape route
NO : WP-2024-020 AUTHOR : Ashima Goyal TITLE : Budget 2024: On the escape route ABSTRACT : Continuity was necessary for the budget, since current policy has delivered macroeconomic stability with growth, but as the first budget of a new government it was also expected to reveal policy directions required to fulfil its […]
