Seminar by- Venoo Kakar, San Francisco State University ,10th January, 2017 (Tuesday) at 3:00 PM

   Asset Prices and Optimal Monetary Policy  by Venoo Kakar, San Francisco State University On 10th January, 2017 (Tuesday) at 3:00 PM Venue : Seminar Room (First Floor) Department of Economics, Delhi School of Economics All are cordially invited Abstract We construct a New Keynesian DSGE model that features financial frictions, investment frictions, long-run productivity risk and Epstein and Zin (1989) preferences. The model successfully reproduces key features of both asset prices and macroeconomic quantities such as consumption, investment, and output. Under this set up, we examine the implications of different monetary policy rules where the central bank responds to

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Seminar by- Johannes Urplelainen, Columbia University, 19th January, 2017 (Thursday) at 3:00 PM

   Barking Up the Wrong Tree: Retrospective Voting, Natural Disasters, and Electoral Backlash   by Johannes Urplelainen Columbia University On 19th January, 2017 (Thursday) at 3:00 PM Venue : Seminar Room (First Floor) Department of Economics, Delhi School of Economics All are cordially invited Abstracth While scholarship on “retrospective voting” has found that incumbent politicians can be punished for a range of events outside their control, such as natural disasters, the literature does not consider the ability of politicians to respond to disasters and the impact of this response on voters. We argue that retrospective voters punish only opposition incumbents (candidates

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Seminar by- Prasad S. Bhattacharya, Deakin University , 6th December, 2016 (Tuesday) at 3:00 PM

   The Political Economy of Land Reform Enactment and Implementation: New Cross-National Evidence (1900-2010).  by Prasad S. Bhattacharya, Deakin University On 6th December, 2016 (Tuesday) at 3:00 PM Venue : Seminar Room (First Floor) Department of Economics, Delhi School of Economics All are cordially invited Abstract Constructing a unique, extensive dataset that codifies the enactment and implementation of 301 major land reforms around the world (155 countries) during the period 1900-2010, this paper investigates the main political-economy determinants of land reform initiatives and their implementations. We find that both transitions into and out of democracy are associated positively with land

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Seminar by- Sheetal Sekhri, University of Virginia, 24th November, 2016 (Thursday) at 3:00 PM

   Gendered Consequences of Improving Public Service Delivery  by Sheetal Sekhri University of Virginia On 24th November, 2016 (Thursday) at 3:00 PM Venue : Seminar Room (First Floor) Department of Economics, Delhi School of Economics All are cordially invited Abstract   In-kind transfer programs in developing countries are often fraught with leakages. In this paper we explore whether improving such programs can have women specific welfare consequences and whether short term improvements in such programs can have persistent benefits. Using the setting of a unique reform initiative by the state government of Punjab in India, in which the Fair Price

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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  by Amit Basole University of Massachusetts, Boston On 17th November, 2016 (Thursday) at 3:00 PM Venue : Seminar Room (First Floor) Department of Economics, Delhi School of Economics All are cordially invited Abstract   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

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