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This paper presents a comprehensive set of stylised facts for business cycles in India from 1950-2010. We show that … persistence however, India looks more similar to advanced economies, and less like other emerging market economies. We argue that …". -- Emerging Market Business Cycle Models ; Structural Change ; India's Economic Reforms ; Good Luck Hypothesis …
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India. In addition to the changing employment and output shares of these two sectors, the capital output ratio in … agriculture in India has fallen, while it has risen in manufacturing. To match these observations we construct a two sector OLG …
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This Working Paper examines India's growth and employment generation performance over the last ten years in the context … achieved on the back of reducing capital expenditures. The Paper reviews the distorted nature of India's labour markets and … recommends legislative and the other steps needed to work around constraints. The need for India to widen its relatively narrow …
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