Anshuman Kamila
Anshuman Kamila
Theoretical works have pointed at the potentially damaging impacts of fiscal dominance, i.e. fiscal authority's profligacy being accommodated by the monetary authority. Recent scholarship have highlighted to the contrary the arguably positi...
Pallavi Rajkhowa,Lukas Kornher
Pallavi Rajkhowa
In this paper, we study the effects of the spread of COVID-19 on retail and wholesale prices of urban markets in India, as well as price distortion between markets and the mark-up between retail and wholesale prices. Using fixed-effects pan...
Steering interest rates amidst large structural surplus liquidity: a tale of three central banks [0.03%]
大型结构性过剩流动性条件下的利率调控：三个央行的故事
Janak Raj,Joice John
Janak Raj
This paper focuses on as to how three central banks, viz. the United States Federal Reserve (US Fed), the European Central Bank (ECB) and the Reserve Bank of India (RBI), steered interest rates in the face of large surplus liquidity. This s...
The long reach of COVID-19: multilateral policy priorities to limit persistent divergences [0.03%]
新冠疫情的长远影响：限制持久分歧的多边政策优先事项
Gita Gopinath,Petya Koeva Brooks,Malhar Nabar
Gita Gopinath
After a synchronized deep downturn in 2020, an uneven global recovery is underway. Differences in vaccine access and the size of policy support have shaped cross-country divergences in the rebound. The disparities in the strength of recover...
Business sentiments during India's national lockdown: Lessons for second and potential third wave [0.03%]
印度全国封锁期间的企业情绪：对第二波及潜在第三波疫情的启示
Bornali Bhandari,Samarth Gupta,Ajaya K Sahu et al.
Bornali Bhandari et al.
The implementation of the COVID-19 national lockdown announced suddenly in March 2020 in India provided a unique opportunity to capture real-time changes in business sentiments during episodes of unexpected and sudden disruptions. Using a l...
The importance of investing in a public health system: evidence from COVID-19 mortality [0.03%]
投资公共卫生体系的重要性：来自COVID-19死亡率的证据
Pulapre Balakrishnan,Sreenath K Namboodhiry
Pulapre Balakrishnan
Mortality due to COVID-19 has varied across the states of India. We exploit this history to investigate the possible role of health policy in the outcome. Using three different measures of the death rate, we find to a varying degree, eviden...
M R Anantha Ramu
M R Anantha Ramu
This paper attempts to empirically measure the public debt sustainability of Karnataka State in India for the period starting from 1991 to 2018. Three well-established methods are adopted to measure public debt sustainability, namely, indic...
Regional disparity of covid-19 infections: an investigation using state-level Indian data [0.03%]
印度新冠疫情的地区差异：基于各州数据的研究
Parantap Basu,Ritwik Mazumder
Parantap Basu
Using the state-level panel data for India, we establish that Covid infections are clustered in more urbanized, and prosperous states. Poverty lowers cases showing evidence of herd immunity of poor which stands in sharp contrast with the de...
Ranjan Ray,Sanjesh Kumar
Ranjan Ray
This study attempts an integrated analysis of the health and economic aspects of COVID-19 that is based on publicly available data from a wide range of data sources. The analysis is done keeping in mind the close interaction between the hea...
Sagnik Bagchi,Surajit Bhattacharyya
Sagnik Bagchi
This paper mitigates the gap in the Indian context about the non-consideration of vertical and horizontal intra-industry trade (IIT) distinctly in testing empirical hypotheses about industry-level determinants of IIT. Our study indicates th...