With most of their fiscal firepower spent and with their political capital draining away, Latin American governments are grappling with the challenge of gradually opening up their economies even befor...
by | On 21 Jun 2020 New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...
by Ashima Goyal | On 25 Apr 2019 This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Fami...
by Surbhi Ghai | On 03 Feb 2019 This study investigates the macroeconomic effects of public debt in India using a Structural Vector Auto regression (SVAR) framework for the period from 1980 to 2017. The objective of this study is to...
by Ranjan Kumar Mohanty | On 23 Jan 2019 In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...
by Ila Patnaik | On 23 Jan 2019 The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...
by Ashima Goyal | On 29 Oct 2018 This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...
by Ashima Goyal | On 21 Sep 2018 The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...
by Ashima Goyal | On 24 Aug 2018 This paper studies the relationship between rural wage growth and inflation in
India to assess the risk of a wage
-
price spiral to the inflation trajectory.
The
results...
by Sujata Kundu | On 14 May 2018 This study considers the fluctuation in the degree of income inequality after the Kuznets curve
completes a single inverted U-shaped curve. It ascertains that new-born technological inventions
incre...
by Inyong Shin | On 14 May 2018 The paper says that poverty alleviation is the most persistent challenge facing Pakistan since its inception.
by Rashida Haq | On 21 Mar 2018 The paper examines the impact of conditional fiscal transfers on public employment across gender in India taking the case of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). Th...
by Lekha Chakraborty | On 19 Mar 2018 This paper seeks to examine how the objectives of monetary policy have changed over the years from one of supporting public investment to one of inflation control and still later to inflation targetin...
by | On 15 Mar 2018 This paper presents the business cycle chronology for the Indian economy. Two distinct phases are analysed. The pre-1991 period when the cycles were mainly driven by monsoon shocks. The post 1991 phas...
by Radhika Pandey | On 03 Mar 2018 The paper presents a variety of indicators to show that demand constrained output during the period of growth slowdown 2011-17. It also draws on research to show the macroeconomic structure of the eco...
by Ashima Goyal | On 22 Feb 2018 The paper says that the development experience of Kerala tucked away in the south-western corner of the Indian sub-continent has been rather unique.
by K.K. George | On 14 Feb 2018 Inflation in the country continued to moderate during 2017-18. CPI based headline inflation
averaged 3.3 per cent during April-December 2017-18, the lowest in the last six financial
years. The signi...
by Arun Jaitley | On 31 Jan 2018 The paper discusses the changes in the new 2011-12 base year series of the Index of Industrial Production (IIP) to ask, whether the new series has improved our under-standing of the growth in the manu...
by Radhika Pandey | On 12 Dec 2017 Fifty years ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of monetary policy. Second, ther...
by | On 08 Dec 2017 Despite the presence of a large volume of sub-standard informal employment in India, the economy is not free from a perennial unemployment problem. As per the National Sample
Survey Organisation (NSS...
by Indrajit Bairagya | On 06 Dec 2017 Unconditional basic income, or a job guarantee by government as employer-of-last-resort, are usually discussed as alternative policies, though the first does not provide the benefits of an earned inco...
by Felix FitzRoy | On 08 Nov 2017 This paper attempts to address the impact of the MGNREGA on the rural agricultural sector, focusing on cropping patterns, irrigated area, crop yields, wages and rural employment. The analysis is based...
by Deepak Varshney | On 06 Nov 2017 The report says that there are well known explanations in contemporary economic
literature which explain this counterproductive impact of depreciation.
by . Atiq-ur-Rehman | On 26 Oct 2017 This approach helps to publish timely, reasonably accurate and globally comparable estimates.
by Wage Indicator | On 23 Oct 2017 The paper says that it will contribute to make monetary policy more effective and thus enhance its impact.
by Sarthak Karki | On 06 Oct 2017 This paper estimates the optimal inflation rate in Nepal based on the data of the period 1978–2016.
by Nepal Rastra Bank Research Department NRB | On 28 Sep 2017 This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets.
by Ravi Kanbur | On 27 Sep 2017 The report shows that certain sociodemographic characteristics are more consistently associated with favourable or opposing attitudes to immigration.
by Neli Esipova | On 31 Aug 2017 These surveys provide an indication of who is planning to migrate, which countries have the highest number of potential migrants, and which countries people would like to move to.
by International Organisation for Migration | On 18 Aug 2017 In the Indian context, the present literature on estimation of potential output - the level of output that an economy can produce sustainably over the medium term is based on an understanding that sus...
by Deba Prasad Rath | On 04 Aug 2017 This paper provides a comparative assessment of CPI and WPI in terms of its key characteristics, particularly on the method of compilation, distributional properties and measures of underlying inflat...
by Praggya Das | On 04 Aug 2017 This paper revisits the issue of determinants of inflation in India in a Phillips curve framework and makes two key contributions in relation to existing studies. First, in the context of the Reserve...
by Harendra Behera | On 03 Aug 2017 Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...
by Taniya Ghosh | On 21 Jul 2017 This report presents country-case studies for Bangladesh, Georgia, and Viet Nam focusing on growing evidences in the development of financial soundness indicators to effectively monitor the financial...
by Asian Development Bank Institute | On 06 Jul 2017 The publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. This issue includes a special section on Sukuk (Islamic bonds)...
by Asian Development Bank Institute | On 06 Jul 2017 The report says that yields for 10-year local currency (LCY) government bonds in emerging East Asia were mostly down between 1 September and 31 October. Investor confidence was buoyed as financial mar...
by Asian Development Bank Institute | On 29 Jun 2017 This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the risks to emerging Asia’s financial stability under tightening global liquidity conditions. Box 2 discusse...
by Asian Development Bank Institute | On 23 Jun 2017 The report narrates that the yields of local currency bonds in most emerging East Asian markets remained on a downward trajectory in the first month and a half of 2016, pressured by worries over globa...
by Asian Development Bank Institute | On 15 Jun 2017 The report says that the global economic environment also affects the region’s bond yields, emphasizing the importance of domestic macroeconomic stability and bond market resilience in the face of glo...
by Asian Development Bank Institute | On 06 Jun 2017 This study argues that some of the policies that allowed Bangladesh to prosper in the last few years will become less effective, and the economy will need to “switch gears” to consolidate the growth m...
by Asian Development Bank Institute | On 23 May 2017 The report notes that yields for 2-year and 10-year local currency government bonds in emerging East Asia were mostly lower between 1 June and 15 August and stock markets in the region recorded gains...
by Asian Development Bank Institute | On 23 May 2017 This paper analyzes optimal monetary policy under zero lower bound in the
presence of cost channel. Cost channel introduces trade-o¤ between output and
inflation when economy is out of ZLB. As a res...
by Taniya Ghosh | On 04 May 2017 A new technological epoch is underway – the so-called Machine Age – reflecting advances in artificial intelligence, digitalisation and Big Data. Some commentators have claimed that this epoch is diffe...
by | On 27 Apr 2017 This paper reviews the issues, theory, actual policies and empirical evidence pertaining to activation strategies related to young individuals. The remainder of the paper is organised as follows: Sect...
by | On 27 Apr 2017 The analysis in this paper
suggests that demonetisation has impacted various sectors of the economy in varying
degrees; however, in the affected sectors, the adverse impact was transient and felt ma...
by Reserve Bank of India RBI | On 21 Mar 2017 Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the me...
by Reserve Bank of India RBI | On 15 Mar 2017 The early literature on migrant urban communities emphasized the conditions and employment patterns of squatter residents who have emerged on the urban landscape. Only recently has attention shifted t...
by | On 23 Jan 2017 Pulses in India have recently become a topic of concern among policymakers. Members of the Opposition, for instance, have pointed to the 'exceptionally high' cost of certain pulses as an indication of...
by | On 15 Dec 2016 The study attempted to investigate the determinants of inflation in case of
Pakistan and to check the validity of monetarist stance that inflation is always
and everywhere a monetary phenomenon by i...
by Mehak Moazam | On 07 Dec 2016 This study examines whether skewness of cross sectional distribution of
relative price shocks has asymmetric impact on aggregate inflation. The
empirical evidence from various countries suggests tha...
by Sartaj Rather | On 16 Nov 2016 The objectives of monetary policy have always been a topic of intensive debate. This debate has
resurfaced during the past few years. In India too monetary policy-making appears to have
undergone si...
by Lokendra Kumawat | On 10 Oct 2016 Even almost eight years since resorting to the extraordinary monetary and
fiscal measures to counter the after-effects of the Global Financial Crisis, authorities are still
left wondering about rela...
by S.S. Mundra | On 10 Oct 2016 Using data from two rounds of the Employment-Unemployment Survey of the National Sample Survey for 2004-5 and 2009-10, we investigate the relationship between social identity, specifically caste ident...
by | On 05 Oct 2016 The question here is, whether it’s the responsibility of the Government or the Central Bank to ensure price stability in an economy? For instance, what was the role of the RBI when the prices of pulse...
by Deepthi Mary Mathew | On 07 Sep 2016 Macroeconomic analytical frameworks change with events they are unable to explain. The process is
closer to abductive reasoning that is based on both events and analysis, unlike induction which is
d...
by Ashima Goyal | On 31 Aug 2016 During the recent episode of persistently high food inflation in India, the role of rent seeking activities of food suppliers emerged as the centre of debate in the country. The rent seeking activitie...
by Rudrani Bhattacharya | On 29 Aug 2016 This paper argues that differences in the cost structure across sectors play an important role in the decision of firms to adjust their prices. It develops a menu-cost model of pricing in which retail...
by Craig Benedict | On 18 Aug 2016 The Monsoon Session of Parliament concluded on August 12, 2016. The session had 20 sittings, during which various
Bills were passed, including a Constitutional Amendment Bill enabling the levy of a G...
by Kusum Malik | On 16 Aug 2016 Countries rarely hit the zero-lower bound on interest rates, but when they do, these episodes tend to be very long-lived. These two features are difficult to jointly incorporate into macroeconomic mod...
by Marc Carreras | On 16 Aug 2016 This paper compares three occupations in the housing sector with very different wage setting institutions, real estate agents, architects, and construction workers. It studies the wage and employment...
by Jörn Pischke | On 10 Aug 2016 There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete...
by Raghuram G. Rajan | On 03 Aug 2016 Labour markets in South Asia have been characterized as dualistic, with a relatively small, well-protected formal sector and a large unprotected informal sector. Indeed, the formal workforce is very s...
by | On 29 Jul 2016 Today, there is renewed interest in the informal economy worldwide. This is because a large share of the global workforce and economy is informal and because the informal economy is growing in many co...
by | On 29 Jul 2016 During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect....
by Ioana Marinescu | On 28 Jul 2016 This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit p...
by Hie Ahn | On 26 Jul 2016 This paper analyzes the optimal discretionary monetary policy under Zero Lower Bound (ZLB) for varying degree of interest rate pass-through. This paper finds that (i) exit date from ZLB becomes endoge...
by Siddhartha Chattopadhyay | On 13 Jul 2016 The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...
by Taniya Ghosh | On 12 Jul 2016 This paper studies the causal effect of maternal and paternal unemployment on child health in China, analyzing panel data for the period 1997-2004, when the country underwent economic reforms leading...
by Janneke Pieters | On 30 Jun 2016 Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global
prices descend resulted in significant disinflation in many countries and even deflation in some
...
by Muhammad Nadim Hanif | On 30 Jun 2016 This report builds and expands upon the analyses of Report Card No. 6 which considered relative income poverty affecting children and policies to mitigate it. This report provides a pioneering, compre...
by United Nations Children's Fund UNICEF | On 30 Jun 2016 The paper finds a systematic and economically sizeable relationship between income levels and life expectancy in a panel dataset of 197 countries over 213 years. By itself, GDP/capita explains more th...
by Michael Jetter | On 28 Jun 2016 This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self-employment, heterogeneity in abili...
by Arnab K. Basu | On 22 Jun 2016 There are efforts to control inflation. A new governor and the committee should try to bring low inflation future for India which has got many benefits.
by Raghuram G. Rajan | On 21 Jun 2016 Budget speech of Pakistan 2016-17.
by Mohammad Ishaq Dar | On 17 Jun 2016 This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on moral hazard or consumption-smoothing considerations. It considers a simple search...
by Tomer Blumkin | On 15 Jun 2016 This pper reviews major approaches and findings on the evaluation of the impact of different labour market institutions but pays particular attention to active labour market policies that play an impo...
by Werner Eichhorst | On 15 Jun 2016 According to a report from the Mckinsey Global Institute, India is set to witness a leap in urban population by almost 25 crore over the next 20 years. That translates to roughly 35,000 more people in...
by | On 09 Jun 2016 Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend
resulted in significant disinflation in many countries and...
by Muhammad Nadim Hanif | On 06 Jun 2016 Discrimination against women from or even before birth guarantees them a marginal role in Indian society, and ensures that they are poorer, less educated, and facing more unemployment and health risks...
by | On 31 May 2016 Now in its 11th edition, The Global Risks Report 2016 draws attention to ways that global risks could evolve and interact in the next decade. The year 2016 marks a forceful departure from past finding...
by [WEF] World Economic Forum | On 11 May 2016 Accordingly, the agricultural outlook and situation analysis undertaken in this study refers to the main crop based food items: cereals (specifically rice, wheat, jowar, bajra, maize and overall coars...
by Rajesh Chadha | On 09 May 2016 This paper examines what the empirical evidence has to say about the strength of monetary transmission in India, using the structural vector autoregression (SVAR) methods that have been applied broadl...
by | On 02 May 2016 The paper argues that context is important in discussions of financial stability. It explores weaknesses in domestic and international reforms and ways of overcoming them, based on mitigating the fund...
by Ashima Goyal | On 02 May 2016 This paper shows that the institutional changes such as Inflation Targeting (IT) helps lower inflation without depending upon the level of Central Bank Independence (CBI) in a country as is suggested...
by | On 02 May 2016 The report compiles a review of studies and surveys on employment and unemployment in Kerala. As unemployment rests steeply in the economy of the state, educated employment makes a similar climb, unde...
by N. Gopalakrishnan Nair | On 29 Apr 2016 Aggressive monetary policy actions by one country can lead to significant adverse cross-border spillovers on others, especially as countries contend with the zero lower bound. If countries do not inte...
by Prachi Mishra | On 31 Mar 2016 Existence of Environmental Kuznet’s Curve (EKC) is an empirical issue to analyze as evidence from the literature has been mixed. This study focuses on indoor air pollution generated from the use of fu...
by K.S. Kavi Kumar | On 16 Mar 2016 Over the last two decades, women’s significant progress in educational achievements has not translated into a comparable improvement in their position at work. In many regions in the world, in compari...
by International Labour Organization [ILO] | On 15 Mar 2016 The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When
...
by Raghuram G. Rajan | On 14 Mar 2016 We test the effect of excess money growth on inflation using Threshold Regression technique developed by Hansen (2000). The empirical test is conducted using annual data from India for the period from...
by Saumitra N Bhaduri | On 13 Mar 2016 When it comes to measuring inflation persistence, a common practice in empirical research is to estimate univariate autoregressive moving average (ARMA) time series models and measure persistence as t...
by Naveen Srinivasan | On 11 Mar 2016 Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...
by Sartaj Rather | On 10 Mar 2016 This paper analyzes the attitudes of industrial employers during the German Empire and the Weimar Republic towards the adoption of public unemployment insurance. While employers initially opposed unem...
by | On 09 Mar 2016 The provide a Keynesian growth theory in which pessimistic expectations can lead to very persistent, or even permanent, slumps characterized by unemployment and weak growth. We refer to these episodes...
by Gianluca Benigno | On 09 Mar 2016 Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak economic growth, rising unemployment, increasing i...
by | On 08 Mar 2016 After three decades of double-digit growth, China is slowing as it is rebalancing its economy from export-driven to less-volatile domestic consumption driven economy. The paper looks at the impact of...
by Geetima Das Krishna | On 02 Mar 2016 In the main, this study uses the large sample National Sample Surveys (NSS) for the years 1983, 1993/94, 1999/2000, and 2004/5. There are two surveys that the NSS conducts in each of the large sample...
by Surjit S. Bhalla | On 01 Mar 2016 Existence of structural and social inequality with growing poverty and shrinking livelihoods and other factors forced to people or entire families to migrate towards cities in search of means of survi...
by | On 01 Mar 2016 In this paper a new set of measures of labour force, employment and unemployment has been suggested which we believe would be better suited for many purposes than those currently in use. New measures...
by National Commission for Enterprises in the Unorgan NCEUS | On 29 Feb 2016 The vulnerability of banks to macroeconomic and financial shocks is an area of growing interest to policymakers, especially in emerging markets. Strong adverse aggregate shocks contribute heavily to l...
by Rohit Gupta | On 27 Feb 2016 India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15....
by Arun Jaitley | On 26 Feb 2016 This paper describes the methodology, data and key assumptions used for the power sector supply-side module of the India Low Carbon Growth study and presents preliminary results. The module is used to...
by World Bank | On 24 Feb 2016 The paper studies the post-Asian crisis investment performance of crisis affected countries in ASEAN. The empirical evidence clearly indicates that the ASEAN and East Asian countries are emerging from...
by Aekapol Chongvilaivan | On 23 Feb 2016 This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy challenges when promoting intraregional exchange rate stability. First, there must b...
by Masahiro Kawai | On 21 Feb 2016 This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analys...
by Paul Dorosh | On 18 Feb 2016 This paper looks into the demographic dividend available to Pakistan and its implications for the country, mainly through three mechanisms: labour supply, savings, and human capital. For economic bene...
by Durr-e- Nayab | On 17 Feb 2016 The Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it gene...
by M. Ali Khan | On 17 Feb 2016 This paper exploits responses on the stated preferences for public sector jobs among a sample of unemployed in Pakistan to inform on the existence of public sector job queues.
by Asma Hyder | On 16 Feb 2016 Japan has reached the limits of conventional macroeconomic policy. In order to overcome deflation and achieve sustainable economic growth, the Bank of Japan (BOJ) recently set an inflation target of 2...
by Naoyuki Yoshino | On 16 Feb 2016 The Taylor rule (1993) focuses only on two objectives: output and inflation. In practice, the central bank’s loss function (especially in developing countries) contains objectives other than these two...
by Wasim Shahid Malik | On 15 Feb 2016 Identifying core inflation has become a very important issue for the Central Banks of the world for last few years. It has also become a practice to monitor the core inflation along side the headline...
by Md. Shahiduzzaman | On 15 Feb 2016 This policy note is an exploratory attempt to verify the popular argument that cost side factors are no less contributory than demand side factors in stimulating inflation in the Bangladesh economy. T...
by Md. Alauddin Majumder | On 15 Feb 2016 Bangladesh Bank (BB) adjusted its monetary policy stance during 2005 in order to contain inflationary pressures and facilitate stability in the foreign exchange market. At the end of 2005, interest ra...
by Shubhasish Barua | On 15 Feb 2016 Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data. These studies suffered from the “aggregation bias” problem. In order to overcome this constraint, t...
by Zehra Aftab | On 14 Feb 2016 Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the l...
by Lixin Cai | On 07 Feb 2016 We examine the causal impact of China's higher education expansion on labor market outcomes for young college graduates using China's 2005 1% Population Sample Survey. Exploiting variation in the expa...
by Dongshu Ou | On 07 Feb 2016 We use data from two rounds of the Chinese General Social Survey (CGSS) to study the determinants of subjective well-being in China over the period 2005-2010 during which self-reported happiness score...
by M. Niaz Asadullah | On 07 Feb 2016 One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.
by T.N. Ninan | On 06 Feb 2016 Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...
by Mahmood Khalid | On 06 Feb 2016 In this study, an investigation of the effects of capital inflows on domestic price level, monetary expansion and exchange rate volatility. To proceed with this, linear and nonlinear cointegration and...
by Abdul Rashid | On 06 Feb 2016 Monetary policy has changed in a number of ways during the last two decades. Along with the other characteristics, modern monetary policy is forward-looking, and the central banks respond contemporane...
by Muhammad Nasir | On 06 Feb 2016 This study is an attempt to examine empirically the association between socio-economic measures of deprivation—such as food insecurity, landlessness, unemployment, and human under-development—and the...
by Sadia Mariam Malik | On 06 Feb 2016 This paper analyzes the relative performance of inflation and price-level targeting regimes in an AS-IS-LM framework under alternative policy instruments used by the central bank.
by Haider Ali | On 03 Feb 2016 This paper focuses on the Indian pre-crisis strategy of liberalization and integration into the world economy and its impact on labour market trends. It then examines the specific ways in which the cr...
by International Centre for Sustainable Trade and Development | On 03 Feb 2016 This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...
by Ali Cheema | On 03 Feb 2016 The present study aims at empirically testing the status of gold as a potential hedge against inflation. The study whirls around analysing the nature of the relationship of expected and actual inflati...
by Nadeem Ul Haque | On 02 Feb 2016 This study examines the challenges the labor market faces in a number of Arab countries with rentier economies - namely, Jordan, the United Arab Emirates and Qatar. One of the major challenges the lab...
by | On 02 Feb 2016 Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...
by United Nations Department of Economic and Social Affairs | On 31 Jan 2016 This paper looks at recent trends in youth unemployment and joblessness and seeks to clarify some issues related to the nature of the youth labour market ‘problem’. During the recession, the prevalenc...
by Niall O’Higgins | On 28 Jan 2016 The global economic downturn is impacting on unemployment. One young person in eight across the world is looking for work. Youth populations are large and growing. The wellbeing and prosperity of youn...
by United Nations Economic, Scientific and Cultural Organization | On 28 Jan 2016 Despite the high contribution of urban areas to the Gross Domestic Product (GDP), urban poverty and nutrition security in India remains a challenge. Poor infrastructure, high unemployment, poor state...
by M. S. Swaminathan Research Foundation | On 26 Jan 2016 This study examines the relationship if any among economic growth (output), private sector credit and inflation in Bangladesh. In many developed and developing countries, private sector credit has pla...
by Sayera Younus | On 23 Jan 2016 This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...
by Md. Habibur Rahman | On 23 Jan 2016 This policy note reviews the trend in debt composition and sources of debt financing and analyzes debt sustainability of Bangladesh. Along with historical data on level of debt and sources of financin...
by Md. Ezazul Islam | On 23 Jan 2016 This note examines the volatility in stock prices in the Dhaka Stock Exchange (DSE) during 2003- 2007. Excessive volatility and fluctuations in stock price fail to provide the correct signal on compan...
by Md. Habibour Rahman | On 23 Jan 2016 This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...
by M. Golam Mortaza | On 23 Jan 2016 This note provides estimates of inflation rate of import-concentrated commodities and their contribution to overall inflation in Bangladesh. The results suggest that the Bangladesh economy has been ex...
by M. G. Mortaza | On 23 Jan 2016 Over the years, the Bangladesh Bank (BB) has been using changes in consumer price index (CPI) inflation as the operational guide to measuring price stability in Bangladesh. In recent years, it has how...
by Bangladesh Bank | On 23 Jan 2016 In the backdrop of recent global developments, this note examines some of the characteristics of inflation in Bangladesh including the contribution of major commodity groups to overall inflation in ru...
by Bangladesh Bank | On 23 Jan 2016 Growth of the world economy has weakened considerably during 2012 and is expected to remain subdued in the coming two years. The global economy is expected to grow at 2.4 per cent in 2013 and 3.2 per...
by United Nations (UN) | On 20 Jan 2016 With the twin objectives of improving health and education of the poor children, India has embarked upon an ambitious scheme of providing mid day meals (MDM) in the government and government-assisted...
by Satish Deodhar | On 19 Jan 2016 This paper analyses
the benefit incidence of public health spending on inpatient service delivery, categorised by
region, gender and economic class. Inpatient morbidity data among quintile-wise MPCE...
by Kausik K. Bhadra | On 18 Jan 2016 The Millennium Development Goals (MDGs) were introduced to monitor implementation of the United Nations Millennium Declaration which set out a vision for inclusive and sustainable globalization based...
by Sakiko Fukuda-Parr | On 13 Jan 2016 The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...
by | On 11 Jan 2016 This paper presents the empirical results of the volatility transmission of money market overnight
repo rate along the yield curve in Pakistan. The results indicate that the transmission of volatilit...
by Asif Mahmood | On 11 Jan 2016 This paper tries to explain the main characteristics of the Indian government and corporate bond markets and what has contributed to the poor development of the latter. It goes on to show that an oppo...
by Chandrani Sarma | On 09 Jan 2016 Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...
by Masahiro Kawai | On 07 Jan 2016 This paper presents results and findings from a survey aimed at understanding perceptions among Bhutan’s unemployed youth. It also provides analysis of the results and concludes with an eight point pl...
by | On 06 Jan 2016 This is a perception survey of business owners and operators in four districts of Nepal. The survey provides a snapshot of prevailing state of business environment in Nepal and identifies most critica...
by Bal Khadka | On 02 Jan 2016 This study examines the differential effects of the unemployment rate at labor market entry,defined as the time of leaving school, on subsequent wages across gender and race using the National Longitu...
by Ayako Kondo | On 01 Jan 2016 This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...
by Wang Dewen | On 29 Dec 2015 This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...
by Peter Morgan | On 29 Dec 2015 During the 1995 Fourth World Conference on Women, the Beijing Declaration and Platform for Action reflected the importance of the interface between gender equality and sustainable development. It reco...
by United Nations Development Programme (UNDP) | On 24 Dec 2015 The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...
by Naoyuki Yoshino | On 23 Dec 2015 The objective of this study is to explore the inflation-economic growth linkage, if any, in Bangladesh. With this view, various tables and charts, correlation matrices, pair-wise Granger Causality tes...
by Sayera Younus | On 22 Dec 2015 The intention of this study is to analyze lending rate behavior in Bangladesh and also to determine the factors that mostly affect the lending rates. For this purpose, a set of macro and bank specific...
by Shahana Nasrin | On 22 Dec 2015 The intention of this paper is to examine whether Real Exchange Rate (RER)depreciation has any impact on export, import and trade balance of Bangladesh.
Real exchange rate is calculated using Tk./do...
by Maidul Chowdhury | On 19 Dec 2015 The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the...
by Dr. Sayera Younus | On 15 Dec 2015 The future of tropical deforestation is projected from 2016-2050 with and without carbon pricing policies, based on 18 million observations of historical forest loss spanning 101 tropical countries.
by Jonah Busch | On 04 Dec 2015 Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?
by T.N. Ninan | On 21 Nov 2015 It is often emphasised that seigniorage financing of public sector deficits is technically a “free
lunch” if the economy has not attained the full employment levels. However, conservative
macroecono...
by Lekha S. Chakraborty | On 16 Nov 2015 The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...
by | On 28 Oct 2015 Using a theoretical framework that
combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics,
and applying the Kalman filter estimation technique, this paper finds that
Indi...
by Harendra Behera | On 16 Oct 2015 The paper analyses the determinants and effects of reforms of employment protection legislation (EPL), using a novel inventory that covers 111 developed and developing countries between 2008 and 2014....
by Clemente Pignatti Morano | On 15 Oct 2015 This paper focuses on the nature and characteristics of unemployment using the five-yearly surveys of the NSSO. The dominant narrative in the literature has been that the rate of unemployment, whichev...
by | On 18 Sep 2015 This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...
by Sunil Paul | On 14 Sep 2015 This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...
by Sartaj Rather | On 14 Sep 2015 This paper spells out the ways in which, and the reasons why, young people in India today engage in politics. An answer to this research question is attempted by first locating the politics of youth w...
by | On 10 Sep 2015 This paper provides a descriptive summary of India’s experience with school feeding programmes (SFPs), focussing mainly on the period since 1995, the year that saw the launch of a national initiative...
by M S Swaminathan Research Foundation India | On 08 Sep 2015 This paper explores the dynamics of economic growth, poverty, inequality and migration in Thailand, and evaluates the relevance of Lewis model to Thailand’s long-term development. Thai economy seems t...
by Somchai Jitsuchon | On 03 Sep 2015 Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...
by Lekha Chakraborty | On 25 Aug 2015 How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help
strengthen this growth – two weeks ago, the Government announced Indradhanush, la...
by Raghuram G. Rajan | On 25 Aug 2015 The recommendation to establish a Youth Guarantee was adopted by the Council in April 2013 in response to unprecedented levels of youth unemployment, which reached 23.5 per cent in Europe at the end o...
by | On 24 Aug 2015 Although high rate of economic growth is necessary condition for rapid poverty reduction on a sustained basis, this is not a sufficient condition, and the relationship between economic growth and pove...
by Rizwanul Islam | On 21 Aug 2015 This report tries to address youth employment challenges, and suggests measures that countries will need an integrated approach involving different levels of government and linking with overall develo...
by | On 20 Aug 2015 Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual outlier from the pattern, with abnormally low, and suspiciously stable, unemployment...
by Shuaizhang Feng | On 19 Aug 2015 Young people are major human resource for development and driving force for economic development. Global youth unemployment rate is projected at 12.6 per cent. India, ranks 7th in unemployment percent...
by Sarita Sanwal | On 13 Aug 2015 This study focuses on the marketable
domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...
by Lakshmanan L | On 13 Aug 2015 This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...
by | On 11 Aug 2015 This report provides an overview of the labour market and employment outcomes that the Indian economy has delivered as it globalized. It concludes that structural changes are slow and difficult, and t...
by | On 29 Jul 2015 Average food inflation in India during the period 2006-2013 was one of the
highest among emerging market economies, and nearly double the inflation
witnessed in India during the previous decade. In...
by Rudrani Bhattacharya | On 20 Jul 2015 The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...
by Charan Singh | On 17 Jul 2015 The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...
by Charan Singh | On 18 Jun 2015 This economic outlook by NCAER, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, inc...
by National Council of Applied Economic Research | On 15 Jun 2015 The second volume of the ILO World Report on Child Labour series highlights the close linkages between child labour and good youth employment outcomes, and the consequent need for common policy approa...
by | On 12 Jun 2015 On the basis of an assessment of the current and evolving macroeconomic situation the statement suggest that the global recovery is still slow and getting increasingly differentiated across regions.
by Raghuram G. Rajan | On 03 Jun 2015 This report presents information on selected aspects of employment and unemployment and some other features pertaining to people belonging to four social groups viz., Scheduled Tribe (ST), Scheduled C...
by Ministry of Statistics and Prog Implementation (MOSPI) | On 14 May 2015 This report look at various youth issues and then suggest changes that can be targeted at redressing the same. There is an opportunity in which hard hitting reforms can be instituted to strengthen you...
by | On 12 May 2015 The National Sample Survey Office (NSSO) during the period July 2009 - June 2010 carried out an all-India household survey on the subject of employment and unemployment in India as a part of 66th roun...
by National Sample Survey Office NSSO | On 05 May 2015 This paper examines the effects of urbanization on development and growth. It begins with a labor market perspective and emphasizes the importance of agglomeration economies, both static and dynamic....
by | On 24 Apr 2015 This report however, also takes a step forward in trying to draw a balance between “needs” and “performance”. Given that poor administration or weak institutions in a recipient state can fritter away...
by Ministry of Finance | On 23 Apr 2015 An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...
by Ashima Goyal | On 02 Apr 2015 One of the most salient features of India’s labour market in the last two decades has been its relatively weak performance in terms of employment generation. The labour market experience of low and de...
by | On 23 Mar 2015 Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a
dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of
mon...
by Ashima Goyal | On 11 Mar 2015 Formerly entitled Global Employment Trends, the World Employment and Social Outlook – Trends 2015 includes a forecast of global unemployment levels and explains the factors behind this trend, includin...
by International Labour Organisation ILO | On 22 Jan 2015 This paper aim to provide an account of growth in India based on its internal dynamics. This helps to place the relative roles of policy, shocks, and internal dynamics. The paper leads us to conclude...
by Pulapre Balakrishnan | On 21 Jan 2015 The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...
by Anandi Subramanian | On 16 Jan 2015 This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...
by K U Gopakumar | On 17 Dec 2014 The report draws mainly on the Living Standard Surveys of the period 1993-2002, and presents labour market developments and a profile of the youth population, their employment situation, job satisfact...
by Dang Anh. Nguyen | On 04 Nov 2014 Productive employment generation is an important objective in most of the developing countries this motivation has probably induced firms to adopt capital intensive techniques.
Based on the country s...
by Arup Mitra | On 29 Oct 2014 Social and economic challenges facing young people today must be understood in terms of the
complex interaction between unique demographic trends and specific economic contexts. There
has been an...
by Ragui Assaad | On 27 Oct 2014 Increasing unemployment of youth and a poor quality of youth employment are among the key problems of the modern labour market. According to the ILO, the number of unemployed youth aged 15 to 24 has b...
by Marina Baskakova | On 16 Oct 2014 This paper examines the labour market characteristics for adults and the entire population. Then it analyses challenges and opportunities in labour market for youth. Next, the paper discusses the exis...
by S.Mahendra Dev | On 15 Oct 2014 Food inflation in India has remained stubborn in recent years. A number of proximate
factors such as increasing demand particularly arising from higher rural wages, rising
agricultural cost of produ...
by Thangzason Sonna | On 14 Oct 2014 Creating jobs for young people is a major challenge around the world, which has ben further exacerbated by the global financial crisis that hit this group hard. In this broader global context, this pa...
by Sher Verick | On 23 Sep 2014 This report presents the results of the School-to-work transition surveys (SWTS) implemented in five countries in the Asia-Pacific region – Bangladesh, Cambodia, Nepal, Samoa and Viet Nam – in 2012 or...
by International Labour Organisation ILO | On 18 Sep 2014 A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].
by Raghuram G. Rajan | On 18 Sep 2014 To develop a measure of unemployment that takes into account both the level and intensity of unemployment and that satisfies several desirable properties, including distribution sensitivity (dealing w...
by Sripad Motiram | On 25 Aug 2014 From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...
by Pankaj Kumar | On 19 Aug 2014 The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food infla...
by Kirti Gupta | On 22 Jul 2014 The article examines the restructuring of expenditure in the first budget of the new government, and its
feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...
by Ashima Goyal | On 21 Jul 2014 In 2014-15, the Indian economy is poised to overcome the sub-5 per cent growth of gross domestic product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad ba...
by Planning Commission | On 10 Jul 2014 The survey literature on search-theoretic models of the labor market. They show how this approach addresses many issues, including the following: Why do workers sometimes choose to remain unemployed?...
by Richard Rogerson | On 23 May 2014 This position paper identifies that there is a strong need for a new and forward-looking education agenda that completes unfinished business while going beyond the current goals in terms of depth and...
by UNESCO UNESCO | On 16 May 2014 This paper reviews the key aspects of general strikes and analyses the economic cost of
such strikes in Nepal. Data analysis shows that average direct cost of general strikes
stood at NRs. 1.8 billi...
by Min Bahadur Shrestha | On 11 Apr 2014 The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and
assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the
...
by Ashima Goyal | On 10 Apr 2014 This paper offers a first comprehensive study of the relationship between labor market institutions and policies and labor market performance in the countries of Eastern Europe and Central Asia, which...
by Hartmut Lehmann | On 10 Mar 2014 Budget speech by 2014-15.
by P Chidambaram | On 17 Feb 2014 This study discusses in depth the youth unemployment "problem" in India and the reasons behind it. Despite its demographic dividend and increased literacy levels, India faces youth unemployment as a...
by Pravin Sinha | On 08 Feb 2014 This paper propounds a contract-theoretic model where dowry acts as a screening device to
differentiate grooms of varying qualities. In 'arranged' marriage settings that are characterized by
incompl...
by Soumyanetra Munshi | On 31 Jan 2014 This paper explores the phenomenon of drug abuse among the youth of Punjab, India. In aiming to identify the factors influencing the problem, the paper focuses on the importance of the exceptional asp...
by Rahul Advani | On 22 Jan 2014 This paper spells out the ways in which, and the reasons why, young people in India today engage in politics. An answer to this research question is attempted by first locating the politics of youth w...
by Rahul Advani | On 22 Jan 2014 High food inflation, which has averaged 10% during FY 2008-09 to December 2012, has been a major concern for policy makers in India. This is all the more important as an average household in India sti...
by Ashok Gulati | On 21 Oct 2013 Main issues of concern looking to the future include ongoing maintenance of capacity and infrastructure given government funding cuts, and the training and mentoring of junior staff needed to replace...
by Kathleen Flaherty | On 04 Sep 2013 Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].
by International Labour Organisation ILO | On 16 Aug 2013 Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...
by Saumitra N Bhaduri | On 23 May 2013 Migration can act as a negative force. It can lead to distress migration, which is what happens when people have to go to cities to find work
because they cannot survive on what they can earn in thei...
by Naomi Jacob | On 17 Apr 2013 Inflation in general and food price inflation in particular has been a persistent problem in
India over the past few years. Price stability is crucial for sustainable growth as persistent
inflation...
by Pradeep Agrawal | On 16 Apr 2013 This study examines options for managing rice residue and the factors that determine its management in the south-west region of Bangladesh. Study results indicate that while straw length, low-elevatio...
by Mohammed Ziaul Haider | On 29 Mar 2013 Budget Speech by Chidambaram.
by P Chidambaram | On 28 Feb 2013 Is the Finance Minister going to do a salvage operation? [BS week end ruminations].
by T.N. Ninan | On 27 Feb 2013 This paper studies differences in the motivation to be self-employed between rural migrants and urban residents in modern China. Estimates of the wage differential between selfemployment and paid-empl...
by Yuling Cui | On 13 Feb 2013 An attempt has been made to understand the paradoxes of Kerala's development like the state's per capita consumer expenditure is more than
the per capita state domestic product. But the nutritional i...
by K.K. George | On 18 Dec 2012 Home-based work has a much wider scope of activity than the singular task of an individual working from
his/her home. This essential service is tied in with a larger chain of forward and backward lin...
by Indira Gartenberg | On 16 Oct 2012 This paper identifies key knowledge gaps on the issue of migration and commuting workers in India. [WP-2012-023]. URL:[http://www.igidr.ac.in/pdf/publication/WP-2012-023.pdf].
by S. Chandrasekhar | On 27 Sep 2012 During the current year so far, inflation at the retail level in oils and fats has been higher than at the wholesale level. While this phenomenon can be attributed to a number of factors, improvement...
by Harun R Khan | On 27 Sep 2012 India is perhaps the first country to set up, at the national level, a commission to study the problems and challenges being faced by what in India is called the unorganized economy - or the informal...
by NCEUS NCEUS | On 05 Sep 2012 Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks
make a high persistent contribution to inflation, it implies second round pass through is occu...
by Ashima Goyal | On 16 Aug 2012 Traditional analysis of gender wage gaps has largely focused on average gaps between men and women, and mean wage decompositions such as the Blinder-Oaxaca (1973) decomposition method. To answer the q...
by Shantanu Khanna | On 26 Jul 2012 This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...
by Muhammad Nadim Hanif | On 09 Jul 2012 The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...
by Atri Mukherjee | On 09 May 2012 The aim of this paper
is to examine the driving forces behind China’s military modernization efforts
followed by an assessment of the goals and foci of China’s military modernization
at present and...
by Jiao Liang | On 08 May 2012 This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...
by Karan Singh | On 26 Apr 2012 The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...
by Michael D Bordo | On 13 Apr 2012 Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...
by Chakrabarty K C | On 27 Mar 2012 Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].
by Government of Orissa | On 27 Mar 2012 Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].
by Maharashtra Government | On 27 Mar 2012 Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...
by Municipal Commissioner BMC | On 22 Mar 2012 What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].
by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012 This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...
by N R Bhanumurthy | On 16 Mar 2012 BUDGET SPEECH 2011-2012 by
DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and
Planning & Development.
by Minister of Finance Pakistan | On 12 Mar 2012 Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated
based on data for the period of July 2001 to June 2010 using stochastic approach as well as
extended s...
by Javed Iqbal | On 15 Feb 2012 A stated objective of Myanmar is to become a modern developed nation that
will stand shoulder to shoulder – proud, dignified and tall – with the countries
of the world. How far has Myanmar come in a...
by U Myint | On 15 Feb 2012 In this paper the issue of high dropout rates in India is examined which has adverse implications for
human capital formation, and hence for the country’s long term growth potential. Using the 2004-0...
by Manisha Chakrabarty | On 14 Feb 2012 The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...
by M R Anand | On 06 Feb 2012 Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic
structure have the same structure as in the original model, but those derived for the simulated versi...
by Ashima Goyal | On 02 Feb 2012 A large number of studies in Nepal have been conducted to identify the factors responsible for
inflation based on the different theories of inflation. Although these studies provide insight
into the...
by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012 This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...
by Supriyo De | On 31 Jan 2012 This policy review is set in the
context of a highly uncertain global
environment and a delicately poised
domestic balance between growth
and inflation. It should be read and
understood together...
by Duvvuri Subbarao | On 25 Jan 2012 The Growth outlook has weakened as
a result of adverse global and domestic factors
that have been mentioned above. Business
and consumer confidence has been impacted.
Professional forecasters now...
by Reserve Bank of India RBI | On 25 Jan 2012 This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...
by Muhammad Akmal | On 25 Jan 2012 The German and Japanese welfare state differ from each other in almost all dimensions. The essay reaches the conclusion that there is indeed ample evidence that both the German and the Japanese welfar...
by Philip Manow | On 19 Jan 2012 This paper studies the leadlag
pattern in the interaction between credit and growth cycles of India at three
levels i.e. at the aggregate level for annual GDP growth, at the sectoral level
across a...
by Krittika Banerjee | On 06 Jan 2012 The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...
by Syed Ozair Ali | On 05 Jan 2012 This note lists the legislative business planned by Parliament and compares it with the actual
performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...
by Kusum Malik | On 30 Dec 2011 The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...
by Srijit Mishra | On 27 Dec 2011 Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...
by T.N. Ninan | On 23 Dec 2011 Scientific authors who pay to publish
their articles in an open-access publication
should be congratulated for doing so. They
also should be aware that they may not be
getting full open access fro...
by Michael W Carroll | On 13 Dec 2011 Inflation data for the past few years (August 2007 to October 2011 of Nepal and August 2007 to
July 2011 of India for the analysis of monthly annual variation) have been taken into consideration for...
by Nepal Rastra Bank Research Department NRB | On 12 Dec 2011 A closed model DSGE model of the Indian economy is developed and it is estimated
by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to
with a number of features impo...
by Vasco Gabriel | On 28 Nov 2011 The trends in food
inflation over the past 60 years are given. Having thus set the context, the factors
driving structural food inflation, which should give us a perspective of the
underlying dynam...
by Duvvuri Subbarao | On 24 Nov 2011 Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...
by Deepak Mohanty | On 04 Nov 2011 This paper examines
some of the explicit as well as not so explicit trends in relation to women’s
employment in India from 1993-94 till 2009-10 and argues that they indicate a
grave and continuing...
by Indrani Mazumdar | On 10 Oct 2011 Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...
by Kaushik Basu | On 28 Sep 2011 Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...
by Duvvuri Subbarao | On 27 Sep 2011 An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect
outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative
h...
by Ashima Goyal | On 16 Sep 2011 The crowding-in phenomenon together with inter-sectoral linkages is used in this paper to examine the effect of higher public investment for agriculture on the stable growth of this sector as well as...
by Harish Mani | On 17 Aug 2011 This note examines recent trends in the labor market and employment situation in Bangladesh and draws some policy implications keeping the poverty reduction imperatives in view. [BB PP No. 0807]. URL:...
by Md. Habibur Rahman | On 26 Jul 2011 This paper analyses the impact of domestic and external shocks on the Indian economy.
A macro-modelling framework is developed that evaluates the impact of two
domestic shocks (rainfall shortfall an...
by B B Bhattacharya | On 15 Jul 2011 This paper estimates the short-run aggregate supply curve for the Indian economy over the period 1950-51 to 2008-09. Methodological improvements in this paper include the technique of estimating adapt...
by Ravindra H Dholakia | On 14 Jul 2011 The Fisher's equation has become a foundation stone of
modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...
by Rajas Parchure | On 04 Jul 2011 The objective of this study is to estimate potential output vis-à-vis output gap for Pakistan’s economy. This paper reviews six commonly used techniques to estimate potential output and from that the...
by S. Adnan H. A. S. Bukhari | On 09 Jun 2011 This paper examines
the employment and unemployment situation of the youth in India during the last two-and-half decades
namely, 1983 to 2007-08. It analyses the trends in labour force and workforce...
by S.Mahendra Dev | On 10 May 2011 In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...
by T.N. Ninan | On 08 May 2011 All across the board growth forecasts for this year are being revised downwards. What has changed in the last few months?
http://www.indicus.net
by Sumita Kale | On 08 May 2011 What is the best inflation measure in India? What inflation measure is most relevant for monetary policy making in India? Questions
of timeliness, weights in the price index, accuracy of food price m...
by Ila Patnaik | On 06 May 2011 This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].
by Duvvuri Subbarao | On 03 May 2011 Budget speech of Finance Minister.
by Government of Tripura | On 27 Apr 2011 GDP growth likely to average 8.2 per cent over 11th Plan: short of the 9% target, but remarkable given the global crisis and drought. Basic objective : Faster, More Inclusive, and Sustainable Growth
...
by Planning Commission | On 25 Apr 2011 Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]
by Himachal Pradesh Government of India | On 20 Apr 2011 Budget 2011-12 presented by the Finance Minister.
by Government of Meghalaya Govt | On 28 Mar 2011 This
paper aims to review the main considerations around food price
movements. It includes a discussion on the impact of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD00...
by Claire Schaffnit Chatterjee | On 16 Mar 2011 Japan experienced sharp appreciations of the yen twice after World War II,
the first followed by hyperinflation and the second by the “economic bubble”
in the late 1980s. The country then underwent...
by Toshiki Kanamori | On 07 Mar 2011 The Economic Advisory Council in its review of the economy has predicted a continued high growth but has suggested steps to sustain this growth, chief among them:Containing inflation by focusing both...
by C. Rangarajan | On 21 Feb 2011 This study attempts to develop a dynamic factor model (DFM) to
forecast industrial production and price level in India. For this purpose, domestic as well as
external economic indicators, that appea...
by Sanjib Bordoloi | On 21 Feb 2011 This paper is an attempt to gauge the relationship between the long run paths of consumer
price index and wholesale price index of Pakistan. For the empirical analysis the Johansen cointegration
tec...
by Nasir Hamid Rao | On 07 Feb 2011 The simultaneous occurrence of high food inflation and large foodgrain stocks in our granaries
has been a matter of widespread concern in India. The aim of this paper is to understand the
fundamenta...
by Kaushik Basu | On 03 Feb 2011 This statement sets out the Reserve Bank’s assessment of the current
macroeconomic situation and forward projections.
by D Subbarao | On 31 Jan 2011 The paper analyzes the changing INR trends over the reform period, in the context of fundamental
determinants of exchange rates. [WP-2010-024].
by Ashima Goyal | On 13 Jan 2011 This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...
by Shamim Ahmed | On 14 Oct 2010 The paper improves upon the original Sargent-Wallace (SW) version which had to resort to numerical simulations to prove this point It is also shown that incorporating the Mundeil-Tobin and Darby-Tanzi...
by M J Manohar Rao | On 13 Oct 2010 Over the last few decades, the Indian economy has experienced both classical business
cycles and the cyclical fluctuations in its growth rate known as growth rate cycles. In the
years since the li...
by Pami Dua | On 01 Oct 2010 In India, there is a large divergence between CPI and WPI inflation trends in
the past, wide dispersion in inflation across commodity groups within WPI,
and significant volatility in headline WPI in...
by Nadhanael G V | On 08 Sep 2010 This paper
examines in its first part, the views of leading European academics,
politicians, lobbyists and opinion-makers on the issue of relations with Asia.
The second part of this paper looks at...
by Venil Ramiah | On 29 Jul 2010 The National Sample Survey Organisation (NSSO) has recently released the report
containing key results of the NSS 55th
Round Employment-Unemployment Survey covering
the period July 1999 thru June 2...
by K. Sundaram | On 26 Jul 2010 The depth and breadth of the East Asian financial crisis has
added a sense of acute urgency for some concrete and credible
measures by policy-makers to revitalise the Japanese economy.
While steps...
by Ramkishen Rajan | On 23 Jul 2010 In response to increased international policy attention to youth unemployment this study investigates post-secondary school transitions of school leavers. Multinomial log it models are estimated for m...
by Regina T. Riphahn | On 09 Jul 2010 Call auctions represent an alternative
strategy, where the order
ow over a certain time period is pooled,
and the market-clearing price obtained through an aggregated supply
and demand curve. Cal...
by Susan Thomas | On 22 Jun 2010 This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...
by Wang Dewen | On 20 May 2010 How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...
by Deepak Mohanty | On 08 Apr 2010 The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...
by D Subbarao | On 29 Jan 2010 A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...
by Deepak Mohanty | On 21 Jan 2010 Migration decisions to urban areas that are backed by economic rationale
and attempts to understand gains accruing to individuals from migration,
in terms of poverty outcomes are analysed. The analy...
by William Joe | On 16 Nov 2009 From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...
by D Subbarao | On 15 Oct 2009 Rising food prices cause considerable policy dilemmas for developing country
governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...
by Nora Lustig | On 09 Oct 2009 Budget presented by Finance minister of Nepal.
by Surendra Pandey | On 27 Jul 2009 The method used to measure Human Development are reviewed in order to measure Human Development Index for rural AP by considering indicators such as economic attainment, longevity and education. The e...
by Jatinder S Bedi | On 07 Jul 2009 The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...
by Rakesh Mohan | On 29 Jun 2009 This note analyses the major characteristics of the current inflationary episode in the economy along with its probable impact on different population groups in Bangladesh. The note also draws some po...
by Mustafa. K. Mujeri | On 27 Jun 2009 The paper analyzes the effects of changes in consumption factor on the calculation of inflation calculation in Bangladesh. This is important as there might exist some volatile and non-trend components...
by Md. Habibour Rahman | On 27 Jun 2009 The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...
by Mustafa. K. Mujeri | On 27 Jun 2009 The present study has been an attempt to examine spatial distribution of various forms of crimes in Mumbai city (Municipal Corporation) and find out their correlates. More specifically the attempts ha...
by Abdul Shaban | On 23 Jun 2009 In this paper, in order to study the impact of offshoring on sectoral and economy wide rates of unemployment, we construct a two sector general equilibrium model in which unemployment is caused by sea...
by Devashish Mitra | On 16 Jun 2009 The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...
by Md. Akhtaruzzaman | On 15 Jun 2009 Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...
by Mustafa. K. Mujeri | On 15 Jun 2009 Widespread discontent among the people has plagued the Indian polity for sometime now. It has often led to unrest, sometimes of a violent nature. Over the years, statutory enactments and institutional...
by Expert Group Planning Commission | On 06 Jun 2009 This 'Technical Note on Employment for the Eleventh Five Year Plan' presents the quantitative basis for determining the targets and projections on employment, and the related variables given in the El...
by Planning Commission Labour, Employment & Manpower Division | On 06 Jun 2009 The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...
by Ashima Goyal | On 22 May 2009 This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as conventional backward-looking Phillips curve for eight Asian countries- Japan, Ho...
by Pami Dua | On 22 May 2009 Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...
by Dr Bimal Jalan | On 21 May 2009 This paper offers a review of the concepts and definitions used in the NSS Employment-Unemployment Surveys (EUS, for short) which have remained virtually unchanged since they were introduced in the NS...
by K. Sundaram | On 15 May 2009 Nouriel Roubini, professor of Economics at the Stern School of Business, New York University, christened Dr.Doom by the US business media, is not given to wearing rose coloured glasses. He does not se...
by Charles Krusen | On 24 Jan 2009 In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...
by Ashima Goyal | On 05 Jan 2009 This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...
by Rakesh Mohan | On 28 Nov 2008 The paper reviews India’s macroeconomic performance and policies since 2000. The
first section briefly summarizes key macroeconomic developments regarding
economic growth, inflation, external bala...
by Shankar Acharya | On 02 Nov 2008 The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding
economic growth, inflation, external balance...
by Shankar Acharya | On 29 Oct 2008 The environmental Kuznets curve (EKC) hypothesis is revisited using 1987-1995 data for Chinese provinces.
by Catherine Yap Co | On 29 Sep 2008 In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelv...
by Rudrani Bhattacharya | On 25 Sep 2008 The paper analyses the impact of the reach of communist parties, the degree of political activism, personal attributes of workers, and industrial characteristics on the individual decision to unionise...
by Rupayan Pal | On 22 Sep 2008 Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation.
[See synopses of par...
by Shambhu Ghatak | On 21 Apr 2008 The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.
by T.N. Ninan | On 19 Apr 2008 A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...
by Rakesh Mohan | On 03 Apr 2008 Budget and Annual Financial Statement for the year 2008-09.
by West Bengal Government | On 25 Mar 2008 Budget presented by the finance minister for the year 2008-09.
by Maharashtra Government | On 20 Mar 2008 The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...
by Joseph E. Stiglitz | On 17 Mar 2008 Results from the NSS 61st Round Employment – Unemployment Survey, 2004-05 on the issue of fair access to social groups and religion-based population categories. [WP no. 163].
by Sundaram K | On 04 Jan 2008 One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...
by Mboweni T.T. | On 13 Nov 2007 The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...
by Rakesh Mohan | On 12 Oct 2007 The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...
by Marvin Goodfriend | On 09 Oct 2007 *Bank Rate kept unchanged
*Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from
the fortnight beginning August 4, 2007
*GDP growth projection for 2007-08...
by Y V Reddy | On 31 Jul 2007 Panel studies based on the same set of sample households or individuals at two points of time 5 or 10 years apart are time consuming and are relatively rare in social science research. Such a method,...
by Zachariah KC | On 23 Jul 2007 This paper investigates the relationship between capital account openness and
inflation since the 1980s. It argues that widespread capital account liberalization
during the last two decades appears...
by Abhijit Sen Gupta | On 23 Feb 2007 The present paper proposes certain statistical tests, both
conceptually simple and computationally easy, for analysing state-specific
prima facie probabilistic causality and error correction mechani...
by N. Vijayamohanan Pillai | On 19 Dec 2006 * Repo Rate increased to 7.25 per cent from 7.0 per cent.
* The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...
by Reserve Bank of India | On 31 Oct 2006 Contents
I. The Real Economy -- 1
Agricultural Situation
Industrial Performance
Business Expectations Surveys
Services Sector
II. Fiscal Situation 14
Combined Government Fi...
by Reserve Bank of India | On 25 Jan 2006 Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...
by Ramkishen S. Rajan | On 19 Jan 2006 In tribute, a brief note on the rich intellectual trajectory described by I. G. Patel
by Deena Khatkhate | On 28 Sep 2005 Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to...
by Gary Fields | On 30 Aug 2005 |