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India’s exchange rate regime under inflation targeting

NO : WP-2023-015 AUTHOR : Ashima Goyal TITLE :  India’s exchange rate regime under inflation targeting ABSTRACT : While the basic exchange rate regime has stayed the same since the liberalizing reforms of the nineties, its implementation has varied over the years. The paper assesses the evolution of India’s nominal exchange rate regime […]

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STABLE SETS IN ECONOMIES WITH CLUB GOODS

NO : WP-2023-011 AUTHOR : Japneet Kaur TITLE :  STABLE SETS IN ECONOMIES WITH CLUB GOODS ABSTRACT : In an economy with club goods, we introduce the concept of von Neumann-Morgensetern stable sets. Our main result provides a correspondence between stable sets of a club economy comprising a continuum of agents and finitely […]

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