TENTATIVE PROGRAM OF THIRD CONFERENCE ON MONEY AND FINANCE IN THE INDIAN ECONOMY:

NOVEMBER 30 TO DECEMBER 2, AT IGIDR, MUMBAI

 

 

Session I: Inauguration, 9:30 am, November 30

 

Chair:                                                                                                                                   IGIDR Director

 

Welcome:                                                                                                                              IGIDR Director

 

Review of Second Money and Finance Conference

and Looking Ahead to the Third                                                                                      Raghbendra Jha

 

Inaugural Address:                                                                                                                D.R. Mehta   

 

Vote of Thanks:                                                                                                                    Ashima Goyal

 

Tea and Snacks 11am.

 

Session II : Macro and Monetary Models  Nov 30, 11.30 – 1.00

Chair: Raghbendra Jha 

Discerning Dynamic Causal Chain in Indian Macro Activity: New Empirical Evidence based on a Multivariate Cointegration and Error-Correction Modeling Approach

Speaker :

Sunil Ashra

Discussant :

Ibotombi Longjam

Analysis of Call Market Rates in India

Speaker :

Rajeev Parmar

Discussant :

Susan Thomas

Bond Financing and Debt Stability : Theoretical Issues and Empirical Analysis for India

Speaker :

Vivek Moorthy

Discussant:

Ashima Goyal

 

 

Session III : Monetary Policy and Money Market Nov 30, 2.30 – 4.00

Chair: V.S. Minocha

The Relevance of an Endogenous Money Multiplier Process for India

Speaker :

D. P. Rath

Disscussant:

Romar Correa

Term Structure of Interest Rates in India : Issues in Estimation and Pricing

Speaker :

Gangadhar Darbha

Disscussant:

Rajeev Parmar

Inflationary Dynamics and the Fiscal Deficit: Implications for Stabilisation Policy

Speaker :

M. Ramachandra

Discussant:

Sagar Koparkar

 

 

Session IV : Exchange Rates Nov 30, 4.30 – 6.00

Chair: Usha Thorat, RBI. 

Interest Rates, Exchange Rates and Financial Deepening in Asia

Speaker :

Pradeep Agarwal

Discussant:

Narain Sinha

Currency Market Interlinkages and Contagion

Speaker :

Manasi Panshikar

Discussant:

S.K.Ghosh

The Productivity Bias and the Purchasing Power Parity: An Empirical Investigation

Speaker:

G. Mahanty

Discussant :

Gangadhar Darbha

 

 

Session V : Real & Financial Sector Nexus December 1, 9.30 –11.00

Chair: V.N. Pandit

Real & Financial Sector Nexus : Some Stylized Facts from Business Cycles in India

Speaker :

Narain Sinha

Discussant :

Veena Mishra

The Macroeconomics of Financial Arrangements

Speaker :

Romar Correa

Discussant :

Manasi Panshikar

LETS as a Mechanism for Mitigating Fallouts of Economic Holes

Speaker:

Srinivasa Srinath

Discussant:

Errol D’Souza

Session VI : Monetary Policy Dec 1, 11.30 – 1.00

Chair: TVS Ramamohan Rao

Modeling Money Multiplier

Speaker:

V.N. Pandit

Discussant:

D. P. Rath

Killing Two Birds with One Stone : Lowering Poverty and Reducing Currency Crises

Speaker:

Ashima Goyal

Discussant :

V. S. Kaveri

RBI Intervention In the Forex Market: Results from a Tobit and Logit Model using Daily Data

Speaker:

S. K. Ghosh

Discussant :

Pradeep Agarwal

 

 

Session VII : Stock Markets December 1, 2.30 – 4.00

Chair: Veena Mishra

Forecasting Stock Index Futures in India : An Analysis

Speaker :

Justin Paul

Discussant:

Susan Thomas

Time Variation in Beta: Evidence from the Indian Equity Market

Speaker :

Syed Abuzar Moonis

Discussant:

V. Moorthy

Stock Market and Aggregate Economic Activity: Evidence from Australia

Speaker:

Kaushik Chaudari 

Discussant:

B. Saha

 

 

Session VIII : Credit  December 1, 4.30 –6.00

Chair: Romar Correa  

Credit Constraints, Rational Expectations, and Inventory Investment

Speaker:

T.V.S. Ramamohan Rao

Discussant :

Mandira Sarma

Micro Credit and Poverty Alleviation : How Tenable are the Claims

Speaker:

Pallavi Chavan

R.Ramakumar

Discussant

Malbika Roy

SHG-Bank Linkage : Some concerns

Session IX : Banking and Financial Markets  December 2, 9.30 – 11.00

Chair: Ashima Goyal

The Conundrum of Corporate Financial Structure in India

Speaker:

Errol D’Souza

Discussant:

Ajay Shah

Bring the Development Banks Back in! A Critique of the Financial Sector Reforms in India 

Speaker:

B. Saha

Discussant:

R.Ramakumar

Features of Loan Contract and Probability of Default

Speaker:

Sagar Koparkar

Discussant:

T.V.S. R.Rao

 

 

Session X : Insurance & Other Markets  December 2, 11.30 –1.00

Chair: Errol D’Souza

An Enquiry into Insurance Regulation : The Interaction of Investment and Price Regulation

Speaker:

Ajit Ranade

Discussant:

Sunil Ashra

Economic Affluence and Demand for Insurance Coverage

Speaker:

M. Roy

Discussant:

Ajit Ranade

Noisy Vertical Markets

Speaker:

R. Jha

Discussant:

Justin Paul

 

 

Section XI : Panel Discussion on Future Directions in Monetary Policy Dec 2, 2.00 – 3.30

To be Finalised

Chair: Kirit Parikh

Tentative Speakers: V.N. Pandit, MJM Rao, Y.V. Reddy