Seminar by- Amit Basole, University of Massachusetts, Boston, 17th November, 2016 (Thursday) at 3:00 PM

  Informality and Flexible Specialization: Informal Knowledge, Technical Change, and Labour Market Institutions in the Banaras Silk Weaving Industry byAmit BasoleUniversity of Massachusetts, BostonOn17th November, 2016 (Thursday) at 3:00 PMVenue : Seminar Room (First Floor) Department of Economics, Delhi School of EconomicsAll are cordially invitedAbstract Artisanal clusters are a prominent feature of the Indian manufacturing landscape from the point of view of employment, output, as well as export earnings. But mechanisms of labour training, knowledge sharing or hoarding, as well as wage setting and technical change prevailing in these clusters are comparatively less well understood. Unlike the formal manufacturing sector, informal institutions such

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Seminar by- Tarun Gupta, Vice President, AQR Capital Management, 27th October, 2016 (Thursday) at 3:00 PM

 Quantitative Investment Strategies: Overview of Theory and Evidence byTarun GuptaVice President, AQR Capital ManagementOn27th October, 2016 (Thursday) at 3:00 PMVenue : Seminar Room (First Floor) Department of Economics, Delhi School of EconomicsAll are cordially invitedAbstract Starting with the workhorse asset pricing theory and model, I outline various ‘asset  pricing anomalies’ that seem to be unexplained, and consequently pose a challenge to existing theory. I examine empirical evidence to document these anomalies: Valuation, Momentum and Low-Risk, and potential reasons for why they exist and might continue to do so. I show these are economically meaningful in magnitude and statistically significant. Further, the anomalies appear

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Seminar by- Sushma Murty, University of Exeter, 20th October, 2016 (Thursday) at 3:00 PM

 Measuring unilateral and multilateral gains from tackling current economic inefficiencies in CO2 reductions: Theory and evidence. bySushma Murty University of ExeterOn20th October, 2016 (Thursday) at 3:00 PMVenue : Seminar Room (First Floor) Department of Economics, Delhi School of EconomicsAll are cordially invitedAbstractWe develop a methodology for (a) constructing unilateral profit (producer surplus)- increasing and emission-decreasing policy reforms and (b) measuring marginal abatement cost (MAC), when countries operate inefficiently in meeting their self-imposed emission caps and when instantaneous radical jumps from their inefficient status-quos to their emission-constrained optima are infeasible due to existing institutional and political constraints. Data from 118 countries combined

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