India: The Incredible Investment Destination…
It is amazing to see how much confidence our politicos have on Indian economy. Either we are too pessimistic and they too optimistic. The rift is widening with each passing day. The latest announcement...
View ArticleSociety, economic policies and the financial sector
Dr. YV Reddy emerged as one of the star central bankers from the crisis. He spoke at the 2012 Annual Per Jacobsson Lecture hosted by BIS. And as always terrific stuff from the much sought policymaker....
View ArticleThe death of Inflation Targeting..
A food for thought column by Jeff Frankel. The title is questionable though. We keep saying things like inflation is dead, business cycles are dead, beta is dead, etc. Most of the time dead things to...
View ArticleAnatomy of legal corruption in India: Honest graft by politicians..
A fab must read paper by Abhay Pethe, Vaidehi Tandel and Sahil Gandhi of Mumbai University. I had posted about this forthcoming paper earlier. Finally it has been released. It was released earlier in...
View ArticleRBI’s recent move to raise export credit refinance limits – an analysis
I should have expanded on this measure at the time of RBI decision. In its mid-quarter policy on Jun-12, RBI increased the limit of export credit refinance facility from 15% to 50%. This was listed as...
View ArticleWhat babysitting coops can teach economists…
Paul Krugman created a stir with this magical piece on how baby sitting coops can help understand economics. The article was based on this piece written in 1977 Tim Harfort revisits the Krugman piece....
View ArticleUsing behavioral economics to limit alcohol consumption
A nice paper by Henry Saffer, Dhaval Dave, Michael Grossman. The rational/neoclassical model on understanding alcoholic behavior treats both heavy and light drinkers as one. As a result the analysis...
View ArticleOptimal Currency Area Simplified..
Whether we may agree to his views or not, no one really comes near Paul Krugman when it comes to simplifying economics. In his recent post, he helped understand Optimal Currency Area on which Euro was...
View ArticleShadow Banking Crisis of 1763..Amazing similarities with Lehman crisis of 2008
The more you think times have changed, the more they remain the same. Amazing econ history is.. I came across this paper by Atlanta Fed econs — Stephen Quinn and William Roberds. It is just amazing...
View ArticleSmall Farmers in India: Challenges and Opportunities
S. Mahendra Dev of IGIDR has this useful paper on the subject: This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation...
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