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Money's Causal Role in Exchange Rate: Do Divisia Monetary Aggregates Explain More?
The paper investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the...
Taniya Ghosh, Soumya Bhadury on  Sep 18, 2017
The Plutocratic Bias in the Indian CPI
The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...
Dilip M. Nachane, Aditi Chaubal on  Sep 18, 2017
Watching India's Insolvency Reforms: A New Dataset of Insolvency Cases
This paper introduces a new dataset of orders passed by the National Company Law Tribunal (NCLT) in the insolvency cases under the Insolvency and Bankruptcy Code or IBC. It builds this dataset to atte...
Sreyan Chatterjee, Gausia Shaikh, Bhargavi Zaveri on  Sep 18, 2017
Drivers of Farmers' Income: The Role of Farm Size and Diversification
The study finds that a U-shaped relationship exists between farm size and farm / farmer's income. The results also show that both on-farm and off-farm diversification have an inverted U-shape relatio...
Varun Kumar Das, A. Ganesh Kumar on  Sep 18, 2017
Recent Changes in Measurement of India's GDP: Overall Issues and Some Focus on Agriculture
This paper discusses (a) changes in measurement in industry and services (b) changes made in agriculture sector and (c) major issues on the measurement of GDP in new series. There are long term or leg...
S. Mahendra Dev on  Sep 18, 2017
Non-Performing Assets in Indian Banks: This Time it is Different
Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance...
Rajeswari Sengupta, Harsh Vardhan on  Sep 18, 2017
Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets?
This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- performing assets (NPAs) us...
Ashima Goyal, Akhilesh Verma on  Sep 15, 2017
An Analysis of Revisions in Indian GDP Data
This paper studies the revisions in the annual estimates of India's GDP data. The objective of the analysis is to understand the revision policy adopted by the Central Statistical Organisation (CSO) a...
Amey Sapre, Rajeswari Sengupta on  Sep 15, 2017
Estimating the Relationship between the Current Account, the Capital Account and Investment for India
Causality from the capital account (KA) to the current account (CA) of the balance of payments indicates disruption from capital flows while the reverse can indicate smooth financing of the CA that al...
Ashima Goyal, Vaishnavi Sharma on  Sep 15, 2017
Monetary Transmission in India: Working of Price and Quantum Channels
The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...
Ashima Goyal, Deepak Kumar Agarwal on  Sep 15, 2017
Contributory Pension Schemes for the Poor: Issues and Ways Forward
The issue of old-age income security in India assumes significance in view of the expected rise in the elderly population in the years to come, problems of poverty and vulnerability among them and the...
D Rajasekhar, Santosh Kesavan, R Manjula on  Sep 14, 2017
Federalism and the Formation of States in India
In recent days, the process of federalization within the Indian Union has become more debatable due to the unequal federal development at various levels. In this context, the issues of state formation...
Susant Kumar Naik, V Anil Kumar on  Sep 14, 2017
Health Experience of Women: A Gender Perspective
This review paper examines the ill-health experience of women, and whether it has been adequately explored in a socio-cultural context from a gender perspective. A deeper understanding of the wide ran...
Annapuranam Karuppannan on  Sep 14, 2017
The Political Historiography of Modern Gujarat
The focus of this paper is on the political history of modern Gujarat, which has been an intriguing one. The paper identifies and discusses in the broad landscape of Gujarat’s politics three notable d...
Tannen Neil Lincoln on  Sep 14, 2017
Public Health Innovation and Intellectual Property Rights
The World Health Organization considered that its mission demanded it should play a part in this debate, with the objective of illuminating how intellectual property rights might affect public health...
World Health Organisation (WHO) on  Sep 14, 2017
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