The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...

Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. Such growth is notably due to both structural and parametric pension reforms since the 1980s. In the Asian region too, the pension...

Unique survey data is used to study whether the introduction of local elections in China made local leaders more accountable towards local constituents. A simple model is developed to predict the effects on different policies of increasing local leader accountability, taking into account that...

This paper is undertaken to examine various aspects of farm level adoption of Bt cotton in Gujarat as well as explore issues relating to environment and non-tariff barriers affecting the cotton trade of India. [Working paper No. 198]. URL:[http://www.gidr.ac.in/pdf/Working%20Paper%20198.pdf].

Much of the socioeconomic mobility achieved by U.S. immigrant families takes place across rather than within generations. When assessing the long-term integration of immigrants, it is therefore important to analyze differences not just between the foreign-born and U.S-born, but also across...