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 […]
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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 […]
Debt as catalyst: Empowering renewable energy in developing countries by Deepak Kushawaha and Manisha Jain
Catastrophic Decline in Women’s Ownership of Firms in India, 2014 and 2022 by Rozi Kumari and Rupayan Pal
Bank Capital and Monetary Policy Transmission: Analyzing the Central Bank’s Dilemma in the Indian Context
NO : WP-2024-019 AUTHOR : Rajeswari Sengupta, Harsh Vardhan and Akhilesh Verma TITLE : Bank Capital and Monetary Policy Transmission: Analyzing the Central Bank’s Dilemma in the Indian Context ABSTRACT : This paper explores the role of bank capital in monetary policy transmission within the Indian economy, where the banking sector is the […]
Inflation Expectations and Keeping Up With the Joneses
NO : WP-2024-018 AUTHOR : Taniya Ghosh and Abhishek Gorsi TITLE : Inflation Expectations and Keeping Up With the Joneses Abstract The paper analyzes the role of personal income change and social comparisons in explaining the heterogeneity and upward bias in Indian households’ inflation expectations by using repeated cross-sectional data from the Reserve […]
