Institution
Indira Gandhi Institute of Development Research
Facility•Mumbai, Maharashtra, India•
About: Indira Gandhi Institute of Development Research is a facility organization based out in Mumbai, Maharashtra, India. It is known for research contribution in the topics: Monetary policy & Inflation. The organization has 307 authors who have published 1021 publications receiving 18848 citations.
Topics: Monetary policy, Inflation, Interest rate, Poverty, Emerging markets
Papers published on a yearly basis
Papers
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TL;DR: In this paper, a panel regression gives evidence that more flexibility in Asian exchange rates reduces risk associated with bank borrowing abroad, but deviations from mean exchange rates, and from the renminbi, increase risk.
Abstract: A panel regression gives evidence that more flexibility in Asian exchange rates reduces risk associated with bank borrowing abroad, but deviations from mean exchange rates, and from the renminbi, increase risk. Since the exchange rate regime affects bank behavior and the incentives to hedge, the results broadly support the bank run over the moral hazard view of twin banking and currency crisis. The results suggest that flexibility in exchange rates is required for Asian EMEs, but the flexibility has to be limited, and it depends on more flexibility in the renminbi. This has implications for current global imbalances in reserves and feasible adjustment paths.
2 citations
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TL;DR: The authors investigated the influence of political influence on public works programs in India's National Rural Employment Guarantee Scheme and found that most variation in public works expenditures was explained by the observed needs of potential beneficiaries, as the scheme intended.
Abstract: Are ostensibly demand-driven public works programs with high levels of safeguards nonetheless susceptible to political influence? This conjecture is investigated using expenditure data at the local level from India's National Rural Employment Guarantee Scheme. Focusing on one state where accountability and transparency mechanisms have been employed and implementation efforts have been widely applauded, there is no evidence of partisan-influenced spending before the 2009 election however a statistically significant but small in magnitude effect after the 2009 election. Most variation in public works expenditures is explained by the observed needs of potential beneficiaries, as the scheme intended.
2 citations
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TL;DR: In this article, it is argued that the difference in coverage and weighting pattern between the indices interacting with policies pursued by the RBI to control its preferred inflation measure WPI turned out to be inappropriate with respect to stabilizing expected CPI-IW inflation.
Abstract: In this paper we estimate the Reserve Bank of India's (RBI) policy response to supply shocks. In particular, we exploit an important strand of the recent literature (the new inflation bias hypothesis) to understand why the two frequently cited measures of inflation in India have persistently diverged in recent years. Specifically, it is argued that the difference in coverage and weighting pattern between the indices interacting with policies pursued by the RBI to control its preferred inflation measure WPI turned out to be inappropriate with respect to stabilizing expected CPI-IW inflation. This in turn provides an explanation for the persistent divergence between the two measures of inflation.
2 citations
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TL;DR: In this paper, the authors introduce political competition in a sequential move tax competition game between two regions for foreign owned mobile capital and show that in case of sequential move, political delegation takes place only in the follower region, not in the leader region.
Abstract: In this paper, we introduce political competition in a sequential move tax competition game between two regions for foreign owned mobile capital. It shows that in case of sequential move, political delegation takes place only in the follower region, not in the leader region. Moreover, political competition need not necessarily lead to higher tax rate in equilibrium. These results are in the sharp contrast to the existing results.
2 citations
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TL;DR: In this article, the use of Taxonomic Method designed by Polish Mathematicians has been used to demonstrate the performance of 20 IT Companies of India in light of 10 financial indicators and explore the cluster analysis of the companies and analyses the pattern to cluster.
Abstract: The term paper is mainly presented to demonstrate the use of Taxonomic Method designed by Polish Mathematicians. The paper investigates performance of 20 IT Companies of India in light of 10 financial indicators. The methodology identifies the companies that show similar performance but different from other companies. Further, the paper also explores the cluster analysis of the companies and analyses the pattern to cluster. The taxonomy here also assists the recognition of the company performance and provides relevant information both to investors and the existing shareholders to continue to invest in the company and for making new investment strategies.
2 citations
Authors
Showing all 320 results
Name | H-index | Papers | Citations |
---|---|---|---|
Seema Sharma | 129 | 1565 | 85446 |
S.G. Deshmukh | 56 | 183 | 11566 |
Rangan Banerjee | 48 | 289 | 8882 |
Kankar Bhattacharya | 46 | 217 | 8205 |
Ramakrishnan Ramanathan | 43 | 130 | 6938 |
Satya R. Chakravarty | 34 | 144 | 5322 |
Kunal Sen | 33 | 251 | 3820 |
Raghbendra Jha | 31 | 335 | 3396 |
Jyoti K. Parikh | 31 | 110 | 3518 |
Sajal Ghosh | 30 | 72 | 7161 |
Tirthankar Roy | 25 | 180 | 2618 |
B. Sudhakara Reddy | 24 | 75 | 1892 |
Vinish Kathuria | 23 | 96 | 1991 |
P. Balachandra | 22 | 65 | 2514 |
Kaivan Munshi | 22 | 62 | 5402 |