Introduction -- Intergenerational Transformation of Empirical Research in Economics -- Implementing Empirical Economics into Policymaking -- Challenges in Empirical Research in Economics: The Way Forward -- The Next Generation of Empirical Labor Economics -- Past and Future of Empirical...

We evaluate the welfare effects of differential pricing, voluntary licensing, and compulsory licensing in the Indian market for oral anti-diabetic (OAD) drugs. This market includes a new class of molecules called DPP-4 inhibitors, all of which are under patent protection in India. The Indian...