Research work in economics with a focus on India.
It is always interesting to follow interdisciplinary reserch work. Khachatur Manukyan, a Physics professor at University of Notre Dame studies how Benjamin Franklin prevented counterfeiting of currency notes: Benjamin Franklin understood something fundamental…
Martina Jančoková, Enrico Mallucci, Martino Ricci and Luca Tondo on whether Euro worked as a safe-haven currency during these trying times. In earlier crises, Euro has not been seen as a safe-haven currency . However in 2025 and 2026, there are signs that Euro…
HBS has put an exhibit at Harvard Business School’s Baker Library on Muriel Siebert, the first woman to buy a seat at the New York Stock Exchange Ana Elena Azpúrua reviews the exhibit: Muriel Siebert lacked the usual contacts or credentials valued on Wall Stre…
Shoumitro Chatterjee and Arvind Subramanian in this PIIE research show how China is limiting industrialisation in developing economies: Concern over China’s trade surplus is again resurging in the United States and Europe, but less attention has been paid to w…
Karin Östling Svensson of Riskbank notes that Sweden could face a housing surplus going forward: The population is growing more slowly than before – only 1.9 per cent is expected to be added by 2034, compared to 8.6 per cent in the last decade. Fewer births, m…
Friederike Niepmann, Leslie Sheng Shen, and Joshua Walker in this Fed research note: Geopolitical risk has emerged as a central driver of global financial markets, with episodes such as Russia’s invasion of Ukraine and recent conflicts in the Middle East trigg…
Merlyn Paul and Maggie Paul write on the organ donation system In TheIndiaForum: On 10 February 2026, Dr Thankam Subramonian, a consultant in foetal medicine and obstetrics and gynaecology at Manipal Hospital, Bengaluru, became the first anonymous kidney donor…
Luc Laeven, Alexander Popov and Catalina Cozariuc analyse rise of China in academic research in this ECB reseach paper: Analyzing more than 300,000 articles across 40 top-tier journals between 2000 and 2022, this study demonstrates that China’s 2006 National M…
Gale Pooley writes on the how Gillette shaped the shaving razor market: One morning in Boston in 1895, as K. C. Gillette stood before the mirror, a brilliant idea flashed across his mind. “As I stood there with the razor in my hand, my eyes resting on it as li…
To Be or Not to Be in Oikonomia Annavajhula J C Bose, PhD Former Economics Professor, SRCC, DU Having worked in SRCC for about 35 years, if I were to interpret those years as times during which progress did not always imply evolution like in Gabriel Garcia Mar…
Mariusz Lukasiewicz of Leipzig University has this interesting paper on the history of Nairobi Stock Exchange from the period 1954 to 1970. This article investigates the genesis, organisation and operations of the Nairobi Stock Exchange (NSE) in the period 195…
A team of economists (Bhishma Bhusal, Michael Callen, Rohini Pande, Soledad A. Prillaman, Deepak Singhania & Apurva Subedi) on the Nepal rebel governance: How does wartime rebel governance shape post-conflict institutions? We study this in Nepal, where the Mao…
FRED blog compares velocity of money between US and India: Economists often rely on what can be directly measured to understand the economy. Examples include the unemployment rate or how much output an economy produces. Less-visible or “indirectly observed” me…
A very interesting speech by Andrew Bailey, Governor of Bank of England. It is my great pleasure to be at the 389th Cutler’s Feast. It is exactly 30 years since Eddie George made the last Governor’s speech at the Feast. Master, the Company had a 70 year start…
XKDR has put up an interesting dataset for measuring satellite data at District-level : This dataset contains district-level satellite measures of the Indian economy: annual building volume (2016–2023) from Google’s Open Buildings 2.5D Temporal, and monthly VI…
Marina Azzimonti, David Wiczer, and Yang Xuan have written an interesting research paper on estimating demand shocks from foot traffic: This study leverages high-frequency foot-traffic data from SafeGraph to estimate demand shocks in customer-facing establishm…
Kenneth Rogoff and Yuanchen Yang in this Brooking paper: Real estate has long been central to China’s growth model, yet since 2018 its contribution has declined sharply, turning the sector from a key engine of expansion into a major drag on economic activity.…
Alessandro Barbarino, Anthony M. Diercks, and Stephen Miran estimate “Computer Software and Accessories” inflation in this FEDS notes: In summary, the recent unprecedented surge in the “Computer Software and Accessories” category of the PCE price index seems t…
Jean-Paul Faguet, Camilo Matajira and Fabio Sánchez have written a paper on long run development in Colombia: The Spanish encomienda, a colonial forced-labour institution that lasted three centuries, killed many indigenous people and caused others to flee into…
As populations age, what do marketers think about this business opportunity? HBS Working Knowledge points to the opportunity: Most older adults feel younger than their chronological age, by about 15% to 20%, Ofek says. Savvy marketers appeal to their psycholog…
Chuka Onwumechili of Howard University writes that football world cup is a global cultural exchange. But how will it work in Trump’s AMerica which is anti all such exchanges: The US is a strong location for such cultural exchange. The country has historically…
Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank provides a fascinating comparison of cash/digital payments with stairs/elevators. Imagine our payment system as a high-rise building: digital payments are the elevators, and cash is the st…
Being a student in India has always been tough given falling and failing standards of education. It first starts with pressure to crack the famed entrance tests leading to early age depression and anxiety amidst lakhs of students. Those who cross the entrance…
Johannes Marzian and Christoph Trebesch have written a 423 page working paper on impact of military rearmament. Economics textbooks often discuss that going to war often leads to the discussion on guns vs butter where governments have to decide whether they wi…
Shishir Gupta & Aalhya Sabharwal in this CSEP paper ask the question Why Do Fewer Women Work in India: India’s ambition to become a developed nation by 2047 hinges, among other things, on tapping its underutilised female labour force. At a per capita gross dom…
Payal Ghose and Abhishek Date of CCIL in this Rakshitra article point how Sovereign Green Bonds after creating much hype has gone in the background: India entered the sovereign green bond universe as an emerging market issuer with macro credibility and climate…
Bajaj group established in 1926 completes its centennial in 2026. The group celebrated its centennial recently. The group’s core philosophy is “kathni karni ek si” which translates to “your words and your deeds should be the same”. The group has put up its arc…
A Teacher Writes to Students Series (69): Anti-Poverty Policy Annavajhula J C Bose, PhD Former Professor, Department of Economics, SRCC, DU Payalparneet Kaur, a young student like you, penned this poem in 2023: Rich vs Poor In a world of stark contrast, where…
SEC Commissioner Hester M. Peirce pops the question in this speech: As you know, my comments are my own as a Commissioner and not necessarily those of the SEC or my fellow Commissioners. That disclaimer is especially applicable to jokes, which is how I prefer…
Book Review: Economic Principles and Problems Geoffrey Schneider. 2022. Economic Principles and Problems: A Pluralist Introduction. Routledge. Pages 964. Annavajhula J C Bose, PhD Former Economics Professor, SRCC, DU Suppose students ask me an assortment of tr…