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Posts by Debraj Ray

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 ...

  • Podcasts

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...

  • Articles

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...

  • Articles

A symposium on Piketty - I: Nit-Piketty

In this part of the series on Piketty, Debraj Ray, Professor of Economics, New York University, attempts to clear the confusion caused by the theoretical discussion in Piketty’s book.

  • Perspectives

Response to the Bhagwati-Panagariya rejoinder on MNREGA

In a recent article, Abreu et al. refuted the Bhagwati-Panagariya argument for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. respond to claims in a rejoinder by Bhagwa...

  • Perspectives