Kautilya

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IGIDR Publications: Recent submissions

  • Returns to education in India: Some recent evidence 
    Agrawal, Tushar (2012-06-04)
    This paper estimates returns to education in India using a nationally representative survey. We estimate the standard Mincerian wage equation separately for rural and urban sectors. To account for the possibility of ...
  • When do stock futures dominate price discovery? 
    Aggarwal, Nidhi; Thomas, Susan (2012-06-04)
    Stock futures offer leveraged positions and are expected to attract informed traders. However, many researchers have found that the information share of the stock futures is surprisingly small; the equity spot market ...
  • Poverty estimates in India: Old and new methods, 2004-05 
    Pathak, Durgesh C; Mishra, Srijit (2012-06-04)
    This paper provides estimates of poverty and inequality across states as also for different sub-groups of population for 2004-05 by using the old and new methods of the Planning Commission. The new method is critically ...
  • Climate change, rural livelihoods and agriculture (focus on food security) in Asia-Pacific region 
    Mahendra Dev, S (2012-06-04)
    Climate change is a major challenge for agriculture, food security and rural livelihoods for billions of people including the poor in the Asia-Pacific region. Agriculture is the sector most vulnerable to climate change ...
  • Deprivation and vulnerability among elderly in India 
    Syam Prasad (2012-06-04)
    Changing age structure is one of structural change that witnessed in the last century. Population ageing is one of its consequences, which emerges as a global phenomenon in the present day. It is generally expressed as ...
  • The Determinants of trade credit: Evidence from Indian manufacturing firms 
    Vaidya, Rajendra R (2012-06-04)
    Trade credit (accounts receivable and accounts payable) is both an important source and use of funds for manufacturing firms in India. This paper empirically investigates the determinants of trade credit in the Indian ...
  • Youth employment and unemployment in India 
    Mahendra Dev, S; Venkatanarayana, M (2012-06-04)
    Increase in the share of youth population due to demographic ‘dividend’ or the ‘youth bulge’ seems to be one of the sources of future economic growth in India. Although with increase in school and college enrolment rates, ...
  • Improving the legal process in enforcement at SEBI 
    Raval, Dharmishta (2012-06-04)
    The first statutory regulatory body that the government of India set up post the reforms of 1991 was the Securities and Exchanges Board of India (SEBI). As a regulator for the securities markets, SEBI was given the ...
  • A Policy response to the Indian micro- nance crisis 
    Sane, Renuka; Thomas, Susan (2012-06-04)
    Recent events in India have brought a fresh focus upon the problem of regulation in the eld of micro- nance. This paper delineates the three distinct aspects where government needs to play a role. The rst is to protect ...
  • Liquidity considerations in estimating implied volatility 
    Grover, Rohini; Thomas, Susan (2012-06-04)
    Option markets have significant variation in liquidity across different option series. Illiquidity reduces the informativeness of the price. Price information for illiquid options is more noisy, and thus the implied ...
  • Mixed duopoly and environment 
    Pal, Rupayan; Saha, Bibhas (2012-06-04)
    We show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme and keeping the public ...
  • NREGS and child well being 
    Mahendra Dev, S (2012-06-04)
    There have been many evaluation studies on the impact of NREGS but there are hardly any systematic studies relating to impact of the scheme on children. This paper tries to fill this gap. There is a huge literature on ...
  • Rising food crisis and financial crisis in India: Impact on women and children and ways of tackling the problem 
    Mahendra Dev, S (2012-06-04)
    The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of these two crisis on ...
  • Rewarding innovation efficiently: Research spill-overs and exclusive IP rights 
    Denicoloy, Vincenzo; Franzoni, Luigi A (2012-06-04)
    We investigate the conditions for the desirability of exclusive intellectual property rights for innovators, as opposed to weak rights allowing for some degree of imitation and ex-post competition. The comparison between ...
  • Conflict resolution through mutuality: Lessons from bayesian updating 
    Mishra, Srijit (2012-06-04)
    If priors are deterministic (zero or unity) and conditional evidence is uncertain (lies between zero and one) then Bayesian updating will lead to posteriors that are the same as priors. This in a sense explains the ...
  • India's fiscal and monetary framework: Growth in an opening economy 
    Goyal, Ashima (2012-06-02)
    Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elastic but subject to ...
  • Evolution of India's exchange rate regime 
    Goyal, Ashima (2012-06-02)
    The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. In the early reform years the chief concern was to limit appreciation from inflows, and ...
  • Dynamics of urban mobility: A Comparative analysis of megacities of India 
    Reddy, B. Sudhakara; Balachandra, P (2012-06-02)
    This paper aims to analyse urban mobility patterns and consequent impacts on energy and environment in India. We investigate the quantity of energy use in 23 metropolitan regions for the period 1981–2005 and present ...
  • The Future of financial liberalization in South Asia 
    Goyal, Ashima (2012-06-02)
    The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Indian financial reform. ...
  • Rankings of economics journals and departments in India 
    Mukhopadhyay, Tilak; Sarkar, Subrata (2012-06-02)
    This paper is the first attempt to rank economics departments of Indian Institutions based on their research output. Two rankings, one based on publications in international journals, and the other based on publications ...

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