Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to the basic theory of the minimum wage. First, we analyze the effects of a higher minimum wage in...

In the rural areas of developing countries, teacher absence is a widespread problem. This paper tests whether a simple incentive programme based on teacher presence can reduce teacher absence, and whether it has the potential to lead to more teaching activities and better learning. In 60...

The welfare of the producers are analysed with the main focus on small farmers. The analysis presented in the paper is an approximation of the general equilibrium analysis. The four parts of this approximation are: first, the estimation of the world price effect of removal of OECD (Organisation...

In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelve one-month changes. This suggests that better information about inflationary pressures can be...

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities. This paper focuses on these four elements of inclusive growth. It suggests several policies for...

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy framework in India is expalined. Some issues in the conduct of monetary policy in India is given...

The Task Force recommends that price regulation should be on the basis of ‘Essentiality’ of the drug and it should be applied only to formulations and not to upstream products, such as bulk drugs. No effort should be made to impose a uniform price, and only a ceiling price should be...

In the 1980s the life and work of Chen Yinke, who had died in 1969 during the Cultural Revolution, re-emerged in print. Chen was a former Tsinghua historian and an intellectual luminary who had enjoyed a scholarly reputation prior to 1949. Yet Chen was neither a member of the Chinese Communist...

The key to making mobile TV a reality lies in combining traditional broadcast standards with features specific to handheld devices: mobility, smaller screens and antennas, indoor coverage, and reliance on battery power. In India, Doordarshan, a public service broadcaster, has already launched...

This paper analyses the scope and limitations of gender responsive budgeting in Mexico within the overall framework of fiscal decentralisation. However, decentralised gender responsive budgeting can be meaningful only when the local governments have significant assignment of functions and...