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Dilip Abreu
Dilip Abreu is a Professor of Finance and Economics at the Department of Economics, Princeton University. Prior to this, he has held positions at Yale University and Harvard University. He is a Fellow of the Econometrics Society and American Academy of Arts and Sciences, and Council Member of the Econometrics Society. He has a Ph.D. in Economics from Princeton University, M.Phil. Economics/ Mathematical Economics from the University of Oxford, and M.A. Economics/ Econometrics from Delhi School of Economics, Delhi University.
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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 Bhagwati-Panagariya, regarding net benefits of MNREGA employment, the self-selection feature of the programme, and rural asset creation.
(Mis)Leading attack on MNREGA
Bhagwati and Panagariya have argued for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. contend that the argument is based on inflating the costs of the programme and deflating the benefits. While they do not claim that all is well with MNREGA, they believe it needs better governance, not slow suffocation.