The objective of the paper is to build CILI using various univariate trend-cycle decomposition techniques (Hodrick-Prescott filter, Baxter-King filter & Christiano-Fitzgerald filter) from 2011-12 onwards. The CILI is constructed out of sixty-one indicators pertaining to different sectors of the...

The objective of this paper is to prepare a systematic list of indicators of business recessions and revivals in India for the period 1951-1982. The idea is that an index based on these indicators will enable us to conclude with some confidence that the recessionary or revival trends have become...

Over the last few decades, the Indian economy has experienced both classical business cycles and the cyclical fluctuations in its growth rate known as growth rate cycles. In the years since the liberalization of the economy began, these cycles have been driven more by endogenous factors than by...

The present paper contributes to the limited literature on the job reallocation dynamics in Indian manufacturing. The study is based on annual data from the Annual Survey of Industries for the years 2000-01 to 2014-15. The study finds job reallocation to be significantly high. Gross job...

We study the structure and dating of disaggregated Indian industrial cycles and spectral causality from different policy parameters to these cycles. The scattered pattern of peaks and troughs after 2013, suggests some industries continued to do well during an extended slowdown. Post 2011...

This paper investigates the time-varying correlation and the volatility behaviour of the New Age Technology (Industry 4.0) sectors and, traditional sectors in US (NASDAQ sectoral indices) and India (Nifty sectoral indices) using ADCC/DCC – GARCH models. We also assess the impact of Global...

Can we use neoclassical growth model to single out the important transmission channels through which external factors or primitives affected the Indian economy and caused the remarkable growth of the period 1982-2002? In this paper, we answer the question by applying the new technique of...

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950-2010. We show that most macroeconomic variables are less volatile in the post reform period, even though the volatility of macroeconomic variables is still high and similar to other emerging market...

The recent decline in gross domestic product (GDP) growth in India raised a debate about whether it is a trend or a business cycle slowdown. We observe a cyclical downturn post-global financial crisis due to external and domestic conditions. With global recovery strengthening and appropriate...