Author: S. Mahendra Dev and Rajeswari Sengupta Title: Covid-19: Impact on the Indian Economy Abstract: The outbreak of the Covid-19 pandemic is an unprecedented shock to the Indian economy. The economy was already in a parlous state before Covid-19 struck. With the prolonged country-wide lockdown, global economic downturn and associated disruption of demand […]
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Working Paper: Interlinkages between External Debt Financing, Credit Cycles and Output Fluctuations in Emerging Market Economies
Author: Akhilesh K Verma and Rajeswari Sengupta Title: Interlinkages between External Debt Financing, Credit Cycles and Output Fluctuations in Emerging Market Economies Abstract: We examine the role of external debt financing (EDF) in shaping the credit cycle and output fluctuations in nine major emerging economies. We show that sharp fluctuations in EDF flows are […]
IGIDR Research on Covid-19 and the Economy
Webinar: Socio-Economic Impact of COVID-19: Insights from the Field, Emerging Concerns and Way Forward | Sat, 11 April 2020 | 10.30 AM – 12:30 PM
Important: Last date for submission of application for the position of Finance Officer has been extended to 15th April 2020.
Working Paper: Regime changes in India’s monetary policy and Tenures of RBI governors
Author: Utso Pal Mustafi (CEMFI, Spain) and Rajeswari Sengupta (IGIDR) Title: Regime changes in India’s monetary policy and Tenures of RBI governors Abstract: In this paper, we estimate regime switches in Indian monetary policy during the period 1998-2017. Prior to the adoption of an inflation targeting rule in 2016, monetary policy in […]
Working Paper: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution
Author: Abhishek Dureja and Digvijay S. Negi Title: Coping with the Consequences of Short-Term Illness Shocks: The Role of Intra-Household Labour Substitution Abstract: In developing countries where medical infrastructure and service delivery system, and the market for health insurance are underdeveloped, one important mechanism to cope with the consequences of health shocks is […]
Working Paper: Market Access, Price Policy and Diversification in Indian Agriculture
Author: Digvijay S Negi, Pratap S Birthal, Devesh Roy and Jaweriah Hazrana Title: Market Access, Price Policy and Diversification in Indian Agriculture Abstract: This paper provides empirical evidence of a causal relationship between the access to markets and the crop partial policies on the pattern of specialization or diversification in Indian […]
Working Paper: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model
Author: Ashima Goyal and Akhilesh K. Verma Title: Cross Border Flows, Financial Intermediation and Interactions of Policy Rules in a Small Open Economy Model Abstract: We present a small open economy New Keynesian model with financial intermediation to investigate the interaction between monetary policy and macroprudential regulations. Our model economy attempts to capture […]
Working Paper: Network Compatibility, Intensity of Competition and Process R&D : A Generalization
No: WP-2020-007 Author: Sumit Shrivastav Title: Network Compatibility, Intensity of Competition and Process R&D : A Generalization Abstract: This paper analyses implications of network compatibility and competition on process innovation in differentiated network goods duopoly. It shows that firms R&D investments are strategic substitutes (complements), if effective network compatibility is less (more) than […]
