Tag Search: “public finance”
Forecasting long-run Indian GDP using high-dimensional big data
This article describes an attempt to forecast of India's long-run GDP, which uses using quarterly data on macroeconomic variables from 1996-2021, and a dynamic factor model to establish long-run trend...
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Debajit Jha
Naveen Kumar
Dibyendu Maiti
06 September, 2023
- Articles
Debt markets’ response to mandatory corporate social responsibility
To examine the response of debt holders to the Mandatory Corporate Social Responsibility, this study by Jitendra Aswani looks at debt pricing for firms impacted by the Indian Companies Act 2013 and it...
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Jitendra Aswani
23 August, 2023
- Articles
Who holds sovereign debt and why it matters
Knowing who invests in sovereign debt and how they impact borrowing costs could help governments understand how costly it would be to raise new debt. This article constructs and analyses data on the c...
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Xiang Fang
Bryan Hardy
Karen K. Lewis
04 August, 2023
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Effect of food prices on inflation: Is monetary policy an effective tool?
With rising inflation becoming a global concern, Balakrishnan and Parameswaran discuss some explanations for the high inflation in India. They find that inflation was driven by a domestic rise in food...
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Pulapre Balakrishnan
M. Parameswaran
19 July, 2023
- Articles
India’s debt dilemma
In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...
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Ayesha Ahmed
Barry Eichengreen
Poonam Gupta
17 July, 2023
- Perspectives
The past and future of Indian finance
In the fourth article in the Ideas@IPF2023 series, Ruchir Agarwal describes the impact of two economic shocks – the financial crisis of 2018-20 and the Covid-19 pandemic – on the Indian financial syst...
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Ruchir Agarwal
14 July, 2023
- Perspectives
The post-pandemic credit landscape in India
The economic shock caused by the Covid-19 pandemic and longstanding structural issues like the NPA crisis with its associated risk aversion in the banking sector resulted in low bank credit growth in...
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Rajeswari Sengupta
Harsh Vardhan
08 May, 2023
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Has Budget 2023-24 been successful in balancing gender priorities?
Ahead of International Women’s Day, Tanya Rana and Neeha Susan Jacob categorise and analyse scheme allocations through the Union Budget’s Gender Budget Statement (GBS), by looking at what schemes vari...
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Tanya Rana
Neeha Susan Jacob
06 March, 2023
- Perspectives
I4I@10 | First Ashok Kotwal Memorial Lecture: The future of development
What is the 'fourth' fundamental law of capitalism? Will capital ‘inherit the earth’? Has the pandemic quickened the intuitive appeal of the capital-labour substitution? Should sovereign funds be base...
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Debraj Ray
I4I Team
30 January, 2023
- Videos
The disruptive market power of foreign portfolio investors in the face of tax threat
Foreign portfolio investors in emerging markets are known to exit host capital markets promptly if any policy changes impose additional costs. Based on an analysis of daily trading data during a perio...
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Hisham Farag
Andrew Marshall
Biwesh Neupane
Suman Neupane
Chandra Thapa
02 November, 2022
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Accumulation of household debt in India: Repercussions for economic recovery
The Covid-19 crisis and the subsequent recession has brought about a shift in financial savings; households have cut back on consumption and reduced their demand for credit, and banks tightened lendin...
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Isha Gupta
18 July, 2022
- Perspectives
Safeguarding strategic interests with development finance? India's response to China's expanding footprint in the Global South
Studies have suggested that both India and China use grants and concessional loans as a means to gain favour with developing countries. Using 2007-2014 data on development projects implemented by the ...
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Gerda Asmus
Vera Eichenauer
Andreas Fuchs
Bradley Parks
06 July, 2022
- Articles