This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘limited’ by the financial status of the parent. [CDE WP 101].

An Unequal Recovery – The Income and Employment Fallout of the Pandemic -- Impact of the COVID-19 pandemic on India’s Financial Sector -- Macroeconomic Performance During COVID Recession and Recovery -- Impact of COVID‑19 on agricultural markets: assessing the roles of commodity...

Comparable all-India estimates of the number of workers and unemployed in 'below-poverty-line' households - together defining the poor in the Indian labour force - are presented for 1993-94 and 1999-2000. Also presented is the gender, activity-status and the rural-urban composition of this group...

This paper presents a new set of integrated poverty and inequality estimates for India and Indian states for 1987-88, 1993-94 and 1999-2000. The poverty estimates are broadly consistent with independent evidence on per-capita expenditure, state domestic product and real agricultural wages. They...

We analyze the impact of climate shocks on price formation in spot and futures market for food in India where until the recent introduction of commodity futures markets in 2005, the transmission of these shocks on short-term (spot) price movements was unclear. The existence of a futures market...

We study the impact of recent crisis episodes viz. the global recession of 2008-09 and the Eurozone debt crisis of 2010-12 on the Emerging Market Economies (EMEs) of China and India. Macroeconomic indicators suggest that both China and India were impacted by the crises. We focus on the trade...