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New Education Policy: Reinventing Higher Education?
The draft New Education Policy offers challenges disguised as opportunit ies and progressive thinking, especially in terms of autonomy, the deeply troubling role of the private sector HEI, regulatory...
by Pramod K. Nayar | On 27 Jul 2019
News, Noise and Indian Business Cycle
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
Macroprudential Policy in Asian Economies
This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the People’s Republic of China, and the Republic of Korea frequently used loan-to-value ra...
by Soyoung Kim | On 23 Apr 2019
Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises
The paper will provide policy suggestions, such as establishment of credit guarantee funds for easing the female-owned SMEs’ access to finance in Asia. Implementation of supportive policies for female...
by Farhad Taghizadeh-Hesary | On 01 Apr 2019
Exchange Rate Movements and Fundamentals: Impact of Oil Prices and the People’s Republic of China’s Growth
This paper identifies five factors that can capture 95% of the variance across 39 US dollar exchange rates based on the principal component method. A time-varying parameter factor-augmented vector aut...
by Hongyi Chen | On 01 Apr 2019
The Rise of the People’s Republic of China and its Competition Effects on Innovation in Japan
This paper empirically examines the “defensive innovation” hypothesis that firms with higher exposure to low-wage economy import competition intensively undertake more innovative activity by using a h...
by Nobuaki Yamashita | On 01 Apr 2019
Price Discovery in Indian Government Securities Market, Monetary Management and the Cost of Government Borrowing
Over 2017-18 there was a sharp rise in Indian government securities (G-Secs) interest rates unrelated to fundamentals. Examining each of the standard explanatory variables shows them to be inadequate...
by Ashima Goyal | On 29 Mar 2019
In Memoriam: Darryl D'Monte
Darryl D’Monte, veteran journalist passed away on March 16, 2019 in Mumbai. He was 75.
by  | On 24 Mar 2019
The case of the spurious drug kingpin: Shifting pills in Chennai
The public lecture by Dr. Sarah Hodges, organised by the Forum for Medical Ethics Society with the Centre for Law and Society, School of Law, and Constitutional Governance, Centre for Public Health, S...
by Sarah Hodges | On 22 Mar 2019
Services and Manufacturing in Global Value Chains: Is the Dstinction Obsolete?
This paper introduces a taxonomy of service activities in GVCs and describes the main statistical challenges in assessing the contribution of manufacturing and services to output, value added, or trad...
by Sébastien Miroudot | On 07 Mar 2019
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