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Posts by Debraj Ray

On India’s ‘low’ Covid-19 case fatality rate

India’s Covid-19 case fatality rate is impressively low at 1.7%, compared to the world average of 4%. This apparently superior performance could, however, simply be a product of three factors: the c...

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ड्यूएट: रोजगार को एक सार्वभौमिक अधिकार बनाने की ओर

देबराज रे का यह कहना हैं कि हमें रोजगार के मुद्दे को एक सार्वभौमिक अधिकार बनाने के रूप में आगे बढ़ाना चाहिए, और ड्यूएट इस दिशा में महत्‍वपूर्ण भूमिक निभाएगा। वे प्रस्‍ताव के दो पहलुओं पर चर्चा करते है...

  • दृष्टिकोण

DUET: Towards employment as a universal right

Debraj Ray contends that we should push forward with the agenda of employment as a universal right, and DUET would move that needle. He discusses two aspects of the proposal – keeping track of worke...

  • Perspectives

India’s Covid-19 lockdown: An interim report

In an earlier paper, Debraj Ray and S. Subramanian had argued that in developing countries like India, a perspective of "lives versus lives" may be needed to evaluate the virtues of a stringent lockdo...

  • Perspectives

क्‍या एक व्‍यापक लॉकडाउन का कोई उचित विकल्‍प है?

कोविड-19 के खिलाफ भारत की लड़ाई में, हम दो विकल्‍पों में से अनिवार्यत: एक का चयन कर रहे हैं, एक ओर सामाजिक दूरी और दूसरी ओर लोगों को अपनी आजीविका से वंचित करना। सामान्य तथा अनिवार्य लॉकडाउन की अस्थिरत...

  • दृष्टिकोण

Covid-19: Is there a reasonable alternative to a comprehensive lockdown?

In India’s battle against Covid-19, we are inevitably confronted by the choice between social distancing on the one hand, and denying people their livelihood on the other. Recognising the unsustaina...

  • Perspectives

Parikshit Ghosh speaks with Debraj Ray

In this podcast, Parikshit Ghosh (Member of the I4I Editorial Board & Associate Professor, Delhi School of Economics) speaks with Debraj Ray (Julius Silver Professor, Faculty of Arts and Science, and ...

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Kenneth Arrow, 1921-2017

In a tribute to Kenneth Arrow, Debraj Ray, Professor of Economics at NYU, outlines the contributions of the late Nobel laureate to economic thought.

  • Perspectives

The universal basic share and social incentives

In the previous article in the series, Debraj Ray proposes a simple amendment of the universal basic income called the universal basic share. In this article, Debraj Ray and Karl Ove Moene (Universit...

  • Perspectives

The universal basic share

Debraj Ray, Professor of Economics at NYU, proposes a simple amendment of the universal basic income – what he calls the ‘universal basic share’. The idea is to commit a fixed fraction of the g...

  • Perspectives

Analysing worker responses to a contract change

Higher-powered incentives are generally believed to increase worker productivity. In the context of an Indian tea plantation, this column examines a contract change wherein baseline wages were increas...

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Missing unmarried women

The developing world has notoriously low sex ratios, a phenomenon that has been described as ‘missing women’. This is believed to be driven by parental preferences for sons, sex-selective abortion...

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