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Ashok Kotwal
GST Explainer: Introduction
Posted on: 16 Oct 2017
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and ... read on »
Introducing a new feature: ‘Explainers’
Posted on: 16 Oct 2017
Our day-to-day lives are tossed around due to economic changes, resulting sometimes from g ... read on »
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »
Introduction to e-Symposium: The GDP conundrum
Posted on: 16 Nov 2016
Ever since India’s Central Statistical Organisation came out with the new GDP series with ... read on »

Latest

Fundamental errors in the voting booth margins
Edward Glaeser , Giacomo Ponzetto
Posted on: 17 Nov 2017
Tags:   democracy

Psychologists have long documented that we over-attribute people's actions to innate characteristics rather than to circumstances. This column shows that when we commit this ‘fundamental attribution error’ as voters; we over-ascribe politicians’ success to personal characteristics that merit re-election. Although this mistake can improve politicians’ incentives in ordinary times, the theory also explains lack of institutional reform and poor institutional choices, such as decreased demand for a free press and preferences for dictatorship.
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Indoor air pollution and stunting among Indian children
Anca Balietti , Prateek Mittal
Posted on: 15 Nov 2017
Topics:   Environment , Health

While the conversation on air quality has been focussed largely on outdoor air pollution, millions of deaths occur due to indoor air pollution as well. Based on 2005–2006 National Family Health Survey data, this column presents strong evidence that exposure to indoor air pollution from burning solid fuels increases the probability of stunting among children in India.
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Breaking the clientelist trap: Can reform create demand for good governance in Bihar?
Jonathan Phillips
Posted on: 14 Nov 2017
Topics:   Political Economy
Tags:   Bihar

How has over a decade of rapid and programmatic policy reform in Bihar affected voters? Based on a household survey comparing political attitudes of residents on either side of the Bihar-Jharkhand border, this column shows that Bihar’s policy reforms have raised voters’ expectations, but have not yet produced a fundamental change in their willingness to vote against clientelist politicians.
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Rags to riches? Understanding social mobility in India
Vegard Iversen , Anirudh Krishna , Kunal Sen
Posted on: 13 Nov 2017

To what extent is an individual’s status in society determined by the position of his or her parents? Analysing data from the Indian Human Development Survey, 2011-2012, this column finds that the probability of large intergenerational, occupational ascents in India is very low, and in fact, many face high risk of downward mobility.
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What did demonetisation do to domestic agricultural markets?
Nidhi Aggarwal , Sudha Narayanan
Posted on: 10 Nov 2017
Tags:  

When the note ban was announced a year ago, many feared that it would hit agriculture and informal sectors the hardest given the widespread use of cash for transacting in these sectors. Analysing data from 2,953 mandis across India for 35 major agricultural commodities for the period 2011-2017, this column finds that there are lingering impacts of demonetisation on farmers and adverse distributional consequences overall.
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Why Asian cities should become focal points for climate change mitigation
Naini Jayaseelan
Posted on: 09 Nov 2017
Tags:   pollution

In this article, Naini Jayaseelan, former Secretary, Environment, Government of National Capital Territory of Delhi, contends that mega cities in South and South-East Asia offer huge opportunities for climate change mitigation via improvements in efficiency in power, transport, and water and sanitation infrastructure.
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Forecasting growth in times of transition
Bornali Bhandari
Posted on: 08 Nov 2017
Topics:   Economic Growth
Tags:   GDP

As per official data released on 31 August 2017, the Indian economy grew at 5.6% in the first quarter of the current fiscal year – in congruence with forecasts of National Council of Applied Economic Research. Based on the quarterly and annual models of NCAER, Bornali Bhandari discusses recent trends in key economic indicators, and future growth forecasts.
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Peer influence and human capital accumulation: Evidence from Delhi University colleges
Utteeyo Dasgupta , Subha Mani , Smriti Sharma , Saurabh Singhal
Posted on: 07 Nov 2017
Topics:   Education

College is an important milestone in life that is believed to develop several aspects of an individual's human capital, broadly defined to include both cognitive and socio-emotional traits. Consequently, there is great emphasis on obtaining admission into a more selective college. This column draws upon data from Delhi University to examine the returns to enrolling in a more selective college.
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Recapitalisation of public sector banks, and financial repression
Gurbachan Singh
Posted on: 05 Nov 2017

Government of India recently announced its decision to infuse Rs. 2.11 trillion of fresh capital into public sector banks, financed partly through recapitalisation bonds. In this article, Dr Gurbachan Singh discusses how by opting for normal government bonds instead, issues of financial instability and financial repression could have been avoided.
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Why are geniuses destroying jobs in Uganda?
Lant Pritchett
Posted on: 02 Nov 2017

In this article, Lant Pritchett discusses how technological progress is being driven in rich countries by distorted prices and availability of labour and is then inefficiently and uneconomically destroying jobs all over the world, making the dreams of billions around the world of escaping poverty and achieving prosperity through productive work harder and harder to achieve.
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