Amidst the geopolitical tension and internal economic challenges, India's MPC faces a critical decision dilemma. We try to decode that in our recent article with Rajendra Paramanik (IIT Patna) and @ECOunniMIST (IES) at Basispoint Insights.
Link:
https://t.co/4l6CWwOj9L
Happy to share our latest work published in Applied Economics Letter(AEL), co-authored by @ECOunniMIST (IES), Ajith Suresh Kumar (IIM-B) and Rajendra Paramanik (IIT-P)
Article Link:https://t.co/dDt7kr2nJF
Happy to share our latest article that investigates the role of dissent in monetary policy making in India.
The article is co-authored with @ECOunniMIST (IES) and Prof Rajendra Pramanik (IIT-Patna) and published in @Ideas4India
Article link is attached below ๐
Embracing the melody of dissent: A symphony in policymaking - Unninarayanan Kurup @ECOunniMIST (Independent Researcher). Rounak Sil @sil_roun (@KPMG Global Services), Rajendra N. Paramanik (@iitpatna)
Read more: https://t.co/zNLgHxGqAh
We find evidence that discordance in the views of the members leads to better forecasts. This has a larger bearing for policy making, implying that the promotion of nuanced and diversified views among national decision-making bodies could improve outcomes.
Using minutes of MPC meetings we have proposed a novel measure of Implicit dissent in the context of India and investigated its impact upon forecast accuracy of growth and inflation.
Happy to share our new work published in Applied Economics Letters co-authored by @ECOunniMIST (IES), Prof Ashima Goyal (IGIDR), Prof Rajendra Paramanik (IIT-P) and Apoorva Singh (IIT-P)
Full draft can be accessed here: https://t.co/QEtsVeyCBV
Our study highlights and reiterates the fact any policy designed towards crime mitigation which doesnโt consider socio-demographic mediators may bear testimony to the noble intentions of the authorities but would eventually fail to reach its desired target.
Does altruism influence crime perception?
We explore this question in our recently published study https://t.co/Ji5022Tw32 published in Social Indicators Research authored by myself along with @tirthachatterj9 and @jain_ritika_
Full draft Link: https://t.co/ufCT7i9I8A
Our empirical findings validate the main hypothesis affirming the potential role of altruism in influencing crime perception for states with weaker institutions.
Our study highlights and reiterates the fact any policy designed towards crime mitigation which doesnโt consider socio-demographic mediators may bear testimony to the noble intentions of the authorities but would eventually fail to reach its desired target.
Our empirical findings validate the main hypothesis affirming the potential role of altruism in influencing crime perception for states with weaker institutions.