macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product … markets. Along with increasing GDP and employment, deregulation also leads to lower informality and greater product market …

This paper explores the causes of India''s productivity surge around 1980, more than a decade before serious economic … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …

We examine how the development of the digital infrastructure known as the 'India Stack'-including an interoperable … of financial services. While each individual component of the India Stack is important, we argue that its key overarching … synergies across the layers of the Stack. Until recently, a large share of India's population lacked access to formal banking …

continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are …

commercial banks. The analysis focuses on examining the behavior and determinants of bank intermediation costs and profitability …

The large holdings of government securities by banks in India draw attention to their risk as interest rates are at … of recommendations regarding government policies and individual bank practices to manage interest rate risk …