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Working Paper: Per unit and ad valorem royalties in a patent licensing game

Author: Marta Montinaro, Rupayan Pal and Marcella Scrimitore Title: Per unit and ad valorem royalties in a patent licensing game Abstract: In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are […]

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Working Paper: Covid-19: Impact on the Indian Economy

Author: S. Mahendra Dev and Rajeswari Sengupta Title: Covid-19: Impact on the Indian Economy Abstract: The outbreak of the Covid-19 pandemic is an unprecedented shock to the Indian economy. The economy was already in a parlous state before Covid-19 struck. With the prolonged country-wide lockdown, global economic downturn and associated disruption of demand […]

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Working Paper: Interlinkages between External Debt Financing, Credit Cycles and Output Fluctuations in Emerging Market Economies

Author: Akhilesh K Verma and Rajeswari Sengupta Title: Interlinkages between External Debt Financing, Credit Cycles and Output Fluctuations in Emerging Market Economies Abstract: We examine the role of external debt financing (EDF) in shaping the credit cycle and output fluctuations in nine major emerging economies. We show that sharp fluctuations in EDF flows are […]

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Working Paper: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution

Author:  Abhishek Dureja and Digvijay S. Negi Title: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution Abstract: In developing countries where medical infrastructure and service delivery system, and the market for health insurance are underdeveloped, one important mechanism to cope with the consequences of health shocks is […]

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