This paper has two main objectives. First, it computes capital flight (CF) through trade misinvoicing from India using data from UNCOMTRADE, MIT Observatory of Economic Complexity and IMF E-library. India’s trade with 17 countries over the period 1988-2012 is considered. We find that CF has...

Using Census and NSS data this paper studies the evolution of Gender Bias (GB) in the age group 0–6 in India and its association with education and higher prosperity. GB is pervasive and has grown over time with higher prosperity and resultant demographic transition and enhanced education. The...

This paper begins by highlighting some key characteristics of the demographic transition and child education and their relation to household poverty status in India as evidenced by our analysis of Census data (1951–2001) and those from NSS surveys in 1993–94 and 2004–05. Although total...

This paper extends the New Keynesian Phillips curve model to include inflation volatility and tests the determinants of such volatility for India. It provides results on the determinants of inflation volatility and expected inflation volatility for OLS and ARDL (1,1) models and for change in...

Using a unique panel data for rural India for the periods 1999 and 2006 this paper models vulnerability to poverty. We quantify household vulnerability in rural India in 1999 and 2006, investigate the determinants of ex post poverty as well as ex ante vulnerability, assess the role of ex ante...

This paper amends the New Keynesian Phillips curve model to include inflation volatility. It provides results on the determinants of inflation volatility and expected inflation volatility for OLS and ARDL(1,1) models and for change in inflation volatility and change in expected inflation...

The workfare scheme the National Rural Employment Guarantee Scheme (NREGS) and the direct food subsidy program the Targeted Public Distribution Scheme (TPDS) represent two alternative social safety nets instituted in India as anti-poverty measures. This paper examines whether from the point of...

Using Vulnerability as Expected Utility (VEU) analysis that permits the decomposition of household vulnerability into its components on a unique data set this paper demonstrates that in rural India household vulnerability is most explained by poverty and idiosyncratic components. So far as risk...

Building on a recent important contribution by Deaton and Dreze (2009), our analysis sheds new light on why the calorie Engel curve shifted down-especially in rural India- over the period 1993–2004. The puzzle for the longer period analysed by Deaton and Dreze (2009) is that despite higher...

Using household level data this paper provides systematic evidence on the employment impact of the National Rural Employment Guarantee Scheme in three Indian states: Rajasthan, Andhra Pradesh and Maharashtra. We model this as a two stage Heckman procedure where we model selection for NREGS in...