Author: Sudha Narayanan, Shree Saha Title: Urban food markets and the lockdown in India Abstract: On March 24, 2020, the Government of India announced a 21-day national lockdown that has since been extended to May 3, 2020. The lockdown has left urban food markets in disarray with severe supply bottlenecks and restrictions on […]
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Working Paper: Post Covid-19: Recovering and Sustaining India’s Growth
Author: Ashima Goyal Title: Post Covid-19: Recovering and Sustaining India’s Growth Abstract: The paper discusses past virtuous growth cycles in India and argues that the post Covid-19 macro-financial package is an opportunity to trigger another such cycle, by raising marginal propensities to spend above those to save. It is feasible since the major […]
Working Paper: India’s Search for Link Language and Progress towards Bilingualism
Author: Leena Bhattacharya, S Chandrasekhar Title: India’s Search for Link Language and Progress towards Bilingualism Abstract: The three language formula (3LF) is viewed as an instrument for achieving the objective of a multilingual India. Possibly on account of lack of agreement on 3LF and politics of medium of instruction, the pace of […]
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 […]
Announcement: The Visiting Students Programme 2020 for this year stands cancelled due to the current situation and extended lockdown.
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 […]
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 […]
