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Smoothing consumption in times of illness: Household recourse mechanisms by Abhishek Dureja and Digvijay S. Negi
Inefficient shocks and optimal monetary policy by Sargam Gupta
Measuring monetary policy shocks in emerging economies: Evidence from India by Aeimit Lakdawal and Rajeswari Sengupta
STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION
NO : WP-2024-006 AUTHOR : Gopakumar Achuthankutty TITLE : STRATEGY-PROOF MULTINARY GROUP IDENTIFICATION ABSTRACT : This paper explores the incentive properties of Collective Identity Functions (CIFs) in multinary group identification problems. Building on Cho and Saporiti (2020), we show that one-vote rules (Miller (2008), Cho and Ju (2017)) are manipulable. Additionally, we establish […]
STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT
NO : WP-2024-005 AUTHOR : D.M.NACHANE TITLE : STABILIZTION POLICY OPTIONS IN A “LOWER AND LONGER” (L&L) INTEREST RATES ENVIRONMENT ABSTRACT : During episodes of severe depression, interest rates can approach the zero lower bound (ZLB) and stay there for a fairly long time. Mainstream macroeconomic theory (the so-called New Consensus Economics) then […]
