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This paper examines the short run inflation dynamics in India over the period 1996-97 to 2009-10 using quarterly data. I estimate an open-economy version of the hybrid New Keynesian Phillips curve (NKPC) and find that the hybrid NKPC provides a robust explanation of the dynamics of both...
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We analyze a tractable model of mobile number portability in a mobile-to-mobile call market and find that this regulation leads to ambiguous welfare effects. MNP increases competition by reducing the consumer switching costs and hence, the telecom firms' market power on the one hand and on the...
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We empirically test the prediction that the personal attributes of the legislators critically determine the legislative performance of a legislature in an Indian context. Analyzing the data on the Members of the Legislative Assembly (MLAs) in the state of Tamil Nadu in the 2006-11 Assembly...
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Purpose: The purpose of this paper is to examine whether surge in foreign direct investment (FDI) inflows leads to surge in economic growth in 52 developing countries for the period 1990-2014. Design/methodology/approach: The author used a threshold approach to identify surge incidences in...
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