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Sunday, 28 February 2010
Friday, 26 February 2010
Interesting features of the budget speech
Posted on 00:51 by Unknown
Financial stability, regulatory coordination, financial reformsSo far, in India, regulatory coordination was based on the HLCC. This has not been a particularly good experience. The HLCC was not statutory and there was no defined mechanism through which decisions would be obtained. Many inter-regulatory difficulties simply languished. One peculiar aspect of the HLCC was that it was chaired by the RBI governor, while RBI was at the centre of many inter-regulatory disputes. It was awkward, having one of the competing views on a question being the...
Posted in banking, competition, financial sector policy, legal system, pension reforms, PSU banks
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Thursday, 25 February 2010
Micro foundations of inclusive growth - from Economic Survey
Posted on 03:47 by Unknown
Even if you don't usually read the Economic Survey, this year, the chapter titled Micro foundations of inclusive growth is well worth readi...
Saturday, 20 February 2010
The Right to Education Act
Posted on 08:05 by Unknown
Raghuram Rajan and Abhijit Banerjee in Indian Express on the flaws in the Right to Education A...
Friday, 19 February 2010
Illiberal India
Posted on 07:53 by Unknown
Did you know that when someone wants to visit India to attend a conference, the person has to:obtain Conference Visa from the Indian Mission concerned on production of either the invitation letter from the organiser, event clearance from the Ministry of Home Affairs, administrative approval of the nodal ministry, political clearance from the Ministry of External Affairs or clearance from the State Government/UT concerned.Or am I mis-reading this, and all that's required is an invitation letter from the organis...
Tuesday, 16 February 2010
Implications of ETF on the Hang Seng index that's traded in India
Posted on 20:21 by Unknown
I have a column in Financial Express today on this subje...
Sunday, 14 February 2010
Talk at R/Rmetrics Singapore Conference 2010 on measurement of the exchange rate regime
Posted on 21:32 by Unknown
Anmol Sethy will do a talk on our work on testing, dating and monitoring exchange rate regimes at the R/Rmetrics Singapore Conference 2010, including some recent progress on parallel computation. For background, see this paper, which talks about the ideas, and the open source R package fxregime. This is now fairly mature work: many of the papers at the NIPFP DEA Program website have utilised the ideas and code. The 6th meeting of the NIPFP-DEA Research Program (9 and 10 March) is going to have interesting new work in this f...
Saturday, 13 February 2010
Come work for us
Posted on 01:15 by Unknown
Come work for the NIPFP-DEA Research Program:We are looking for people with a Masters or a Ph.D. with an economics / econometrics / statistics background with an interest in the fields visible in the above URL. Computer programming skills, ideally in R or matlab, are desirable.Please send your resume to Anurodh Sharma : anurodh54 at gmail dot c...
Monday, 8 February 2010
Interesting readings
Posted on 11:11 by Unknown
Read this interview in the Times of India with Steve Coll, and this Congressional testimony of his. If you haven't yet read Ghost Wars, you should. Vijay Kelkar's recent speech on privatisation. The comments on this blog post are worth reading. Sanjeev Sanyal, in Business Standard, summarises our public policy problem: we need to build a strong (i.e. capable) State with a limited mission. Joe Leahy, in the Financial Times, has an article titled India: A nation develops about global quality R&D taking...
Sunday, 7 February 2010
What could go wrong if petroleum product prices are decontrolled?
Posted on 19:04 by Unknown
I have an article in Financial Express on this tod...
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