NO : WP-2026-018 AUTHOR : Vaibhav Nainwal (CAFRAL), Rajeswari Sengupta (IGIDR) Vidhya Soundararajan (CAFRAL) TITLE : Inflation Targeting, Monetary Policy Surprises, and Capital Misallocation ABSTRACT : We examine whether a more predictable monetary policy framework improves the allocation of capital across firms. Using firm-level data from the Indian manufacturing sector […]
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Price Responsiveness of Household Electricity Demand under Increasing Block Tariffs: Evidence from India by Nirmala, Manisha Jain and Disha Gupta
NO : WP-2026-017 AUTHOR : Nirmala, Manisha Jain and Disha Gupta TITLE : Price Responsiveness of Household Electricity Demand under Increasing Block Tariffs: Evidence from India ABSTRACT : Increasing block tariffs (IBTs) are widely used in household electricity pricing to balance the dual policy goals of efficiency and affordability. This […]
