Indira Gandhi Institute of Development Research, Mumbai
Money and Finance Conference
January 18-19, 2008
9.00
A.M. – 10.00 A.M.: Registration
10.00
A.M.– 11.30 A.M: Inaugural
Session
Chair:
Dr. Rakesh Mohan, Deputy Governor, RBI
Overview:
Dr. Ashima
Goyal, Professor, IGIDR
Keynote
Address: Dr.
Willem Buiter (Professor of European
Political Economy, European Institute, LSE) on "Liquidity
Management by
the Central Bank: Monetary policy, the lender of last resort and the
market
maker of last resort"
Vote of Thanks: Dr.
Subrata Sarkar, IGIDR
11.30
A.M. – 12.00 P.M.: Tea Break
12
P.M.– 1.30 P.M.: Parallel Sessions
1:
Conference Hall |
Seminar Room 1 |
Seminar Room 2 |
1(a):
Macro 1 – Monetary Policy . Chair:
Prof. V. S. Chitre |
1(b):
Security Markets . Chair:
Dr.Subrata Sarkar |
1(c):
Financial Inclusion– Case Studies Chair:Dr.
Srijit Mishra |
Saugata
Bhattacharya and Rituparna Banerjee (Axis Bank, Mumbai): The RBI’s
Monetary Policy Reaction Function: Does monetary policy in . D.M.
Nachane and P.P. Ranade (ICFAI, Jaipur) : “Relationship
Banking” and the Credit Market in . . Saurabh Ghosh and Indranil Bhattacharyya (RBI, Mumbai): Spread, Volatility and Monetary Policy: Empirical Evidences from the Indian Overnight Money Market |
Nicholas
Snowden ( Yu
Cong and Murugappa (Murgie) Krishnan ( Kiran
Kumar (ISB, |
D.
Ajit ( V.P.
Raghavan ( . . Sarthak Gaurav (IFMR, Chennai), Ana Paola Gomez Acosta and Lusi Flores Ballesteros: Innovating at the BOP: Delivering Microinsurance in Kalahandi and beyond |
1.30
P.M.– 2.30 P.M.: Lunch
2.30 P.M– 4.00 P.M.: Parallel Sessions 2
Conference Hall |
Seminar Room 1 |
2(a):
Macro 2 – Exchange Rates Chair:Dr.
Romar Correa |
2(b):
Banks Chair: Dr.
Jayati Sarkar |
Rituparna
Kar and
Nityananda Sarkar (ISI, Kolkata): Exchange Rate Predictability
Using Macrovariables: A Study on . Atulan
Guha (Institute for Studies in Industrial Development, |
K.
V. Bhanu Murthy (DSE) and Ashis Taru Deb: Operationalizing
and Measuring Competition: Determinants of Competition in Private
Banking Industry in Sumalatha
B.S. (PhD Scholar, MIDS, Chennai): State of Competition
among the Mutual Funds in |
4.30 P.M.– 6.00 P.M.: Parallel Sessions 3
Conference Hall |
Seminar Room 1 |
3(a):
Stock Markets and Risk Chair:
Dr. Bandi Kamiah |
3(b):
Macro 3 – Institutions and Crises Chair: Dr.Ashima Goyal |
Debashis Dutta and Basabi
Bhattacharya ( Abhilash
Nair (IIM, . Shantanu Das ( BIT, Ranchi): Management of Non-Performing Assets in Indian Public Sector Banks with Special Reference to Jharkhand. |
Partha
Gangopadhyay ( . Nicholas
Dimsdale ( TVS
Ramamohan Rao (IIT, |
7.00
P.M.: Dinner Talk - "Poverty, Inequality and Reforms"
by Dr.
Arvind Panagariya,
Columbia University
Chair: Dr. Nirmal Sengupta, Professor, IGIDR
.
8.15 P.M.: Director’s Dinner (Venue: Outside IGIDR Auditorium)
.
Day 2: 19 January, Saturday
9.00 A.M.– 10.30 A.M.: Parallel Sessions 4
Conference Hall |
Seminar Room 1 |
Seminar Room 2 |
4(a):
Microfinance . Chair: Dr.
Sripad Motiram |
4(b) : Derivatives
Chair: Dr. Ashok Nag |
4(c): Macro 4: Policy in an Open Economy Chair: Dr.T.V.S Ramamohan Rao
|
Jyotish
Prakash Basu ( . Britta Augsburg (PhD Scholar, University Maastricht, The Netherlands): Microfinance Plus – Impact of the ‘plus’ on customers’ income in rural India Naveen
K. Shetty (PhD Scholar, ISEC, |
Golaka C Nath and
T. Lingareddy (CCIL, Mumbai): Commodity
Derivatives Contributing for Rise or Fall in Risk . Harish Bisht, Ajay Chauhan and K.N. Badhani ( Kapil Gupta and Balwinder Singh Saini ( . |
Anil
Kumar (Research Scholar,
. Narayan
Sethi ( Research Scholar, University of Hyderabad) : Economic Reforms,
Capital Flows and Macro Economic Impact on India. |
10.30
A.M.– 10.45 A.M.: Tea Break
10.45 A.M.– 12.15 P.M.: Parallel Sessions 5
Conference Hall |
Seminar Room 1 |
Seminar Room 2 |
5(a):
Volatility and Risk . Chair:
Dr. R. Krishnan |
5(b):FinancialLiberalization . Chair: Dr. A. Ganesh Kumar
|
5(c):Macro 5: Reserves and Money Chair:
Dr. D. Anjanayelu |
Sanjib Bordoloi and Shiv Shankar (Assistant Adviser, RBI) and Shiv Shankar: Estimating Volatility in the Indian Stock Market: Some Explorations
P.
Sakthivel (Ph.D. Scholar, |
Jayan Jose Thomas (Institute of South Asian Studies, Singapore): Financial Sector Reforms and Manufacturing Growth in India: A Preliminary Analysis Nirmal Roy V P (PhD Scholar, MIDS, Chennai): Foreign Portfolio Capital Flows into India, An Exploration into its Openness and Basic Motives |
Sanjay Shegal and Chandan Kumar (Ph.D. Scholar, IBS, Palam Vihar, Gurgaon): International Reserve-holding in India: self- insurance for future? K.P. Prabheesh (Ph.D. Scholar, IIT, Madras) D. Malathy and R. Madhumati: Precautionary versus Mercantilist Approach to Demand for International Reserves: An Empirical Investigation in Indian Context Inder Sekhar Yadav (Ph.D. Scholar, University of Hyderabad): Co-integration, Causality, Money and Income in India |
12.15
P.M.– 1.45 P.M.: Parallel
Sessions 6
Conference Hall |
Seminar Room 1 |
6(a):
Macro 6: Capital Account Convertibility Chair:
Dr. A.V. Rajwade |
6(b):
Financial Inclusion Chair:
Dr. Manoj Panda
|
Massimiliano La Marca (UNCTAD) and Heiner Flassbeck: Global Imbalances and Destabilizing Speculation . Ashok Desai (Consultant Editor, Business World, New Delhi): Degrees of Inconvertibility |
K.B. Rangappa (Kuvempu University, Post Graduate Centre, Karnataka), Renuka Bai and A.L. Sandesh: SHG-Bank Linkage Programme and Financial Inclusion: Rural Household Study in Davangere district of Karnataka |
1.45
P.M.– 3.00 P.M.: Lunch
3.00
P.M.– 4.30 P.M.: Panel Discussion on “Financial innovation and
derivatives: laying off or increasing risks?”
Chair:
Dr.
R. B. Burman, Executive Director, RBI
“Depth
and effectiveness of
Indian markets in alleviating risk”
-Dr. Ashok Nag, Sr. Vice President & Chief Consulting Officer
Riskraft Consulting Ltd.
“Developments in CCIL and their impact on risk in Forex
Markets”
- Dr. Golak Nath, Vice President and Chief Economic Adviser,
The Clearing Corporation of India Ltd.
“Asset price bubbles and policy”
Professor Errol D’Souza, IIM Ahmedabad
“Regulators’ perspective on risk and financial innovation”
Salim Gangadharan, Chief General Manager,Foreign Exchange Department , RBI
4.30
P.M.– 5.00: P.M.Tea Break
5.00
P.M.: Valedictory Function
Chair:
Dr. D.M. Nachane, Director, IGIDR