Events
Events
Seminar
Overcoming zero lower bound on interest rate without inflation or inflationary expectations
- Speaker Gurbachan Singh, Visiting faculty, Indian Statistical Institute (ISI), Delhi
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Speaker profile
Gurbachan Singh is an independent economist, and visiting faculty at the Indian Statistical Institute (ISI), Delhi Centre. He was previously at Jawaharlal Nehru University. He is engaged in research in the area of macro-financial stability. He teaches a course on Finance and Volatility at ISI, Delhi Centre. His writings are simple but in-depth. They are usually theoretical and policy oriented. They include the book ‘Banking Crisis, Liquidity, and Credit Lines’ (Routledge, Abingdon). This book has previously unpublished theoretical research on various aspects of credit lines in the context of macro-financial stability. He had received his PhD from ISI and MA from Delhi School of Economics. He is currently engaged in research on (a) financial advice, and (b) narrow monetary policy, and extended fiscal policy.
- Date शुक्र, 13 दिसमबर, 2013
- Time 03:30 बजे - 05:00 बजे
- Venue NIPFP Auditorium
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Abstract
There is a widespread view that inflation or inflationary expectations are the only way to overcome the zero lower bound on interest rate. This paper shows that this is not true. It is shown that a tax-subsidy scheme can be used to overcome the zero lower bound on interest rate - without any inflation or inflationary expectations. A simple `old' Keynesian model is used though the treatment is novel and in-depth. The paper ends with a discussion that suggests that the `non-inflation solution' is superior to the `inflation solution' under some conditions.
- Contact email mita.choudhury@nipfp.org.in
Seminar
Collateral and Monetary Policy
- Speaker Manmohan Singh, Senior Economist, IMF, Washington DC
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Speaker profile
Manmohan Singh is a senior economist at the International Monetary Fund (IMF) in Washington, DC. He was previously with ABN Amro Bank’s emerging market syndicate team (Amsterdam/London). His work experience covers several countries, including the U.K., the U.S., Chile, India, Japan, and more recently, peripheral Europe. Singh continues to write extensively on topical issues, including deleveraging in financial markets; the rehypothecation and velocity of collateral; money, collateral, and central bank QE; shadow banking; and regulatory efforts in moving OTC derivatives to CCPs. On behalf of the IMF, Singh has led workshops for official sector policymakers on strategic asset allocation and regulatory issues. His articles have regularly appeared in the Financial Times, Wall Street Journal, Euromoney, The Banker, RISK, and The Economist, as well as several journals, including the Journal of Financial Market Infrastructures and Journal of Investment Management. Singh received his BS from Allegheny College, Pennsylvania; he holds an MBA and a PhD in economics from the University of Illinois at Urbana–Champaign.
- Date सोम, 18 नवमबर, 2013
- Time 04:00 बजे - 05:00 बजे
- Venue NIPFP Auditorium, New Delhi
Seminar
Greening Fiscal Federalism: Centre-States negotiations on compensation for the costs of forest conservation
- Speaker Rohini Chaturvedi, Research Associate, University of Cambridge, U.K.
- Date गुरू, 19 सितमबर, 2013
- Time 03:30 बजे - 05:00 बजे
- Venue NIPFP Auditorium
Seminar
New Companies Act and its Implications
- Speaker Mr. Pratik Datta, Consultant NIPFP and Mr. M.S. Sahoo, Secretary, Institute of Company Secretaries of India (ICSI)
- Date मंगल, 17 सितमबर, 2013
- Time 03:00 बजे - 05:00 बजे
- Venue Conference Room, Ground Floor, R and T Building, NIPFP
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Abstract
What is the New Companies Act: A Review, by Mr. Pratik Datta, Consultant NIPFP
New Companies Act and its Implications: Mr. M.S. Sahoo, Secretary, Institute of Company Secretaries of India (ICSI)
Special lecture
Performance Monitoring and Evaluation System in Government
- Speaker Dr. Prajapati Trivedi, Chairperson (NA, CWC) & Secretary (Performance Management), Cabinet Secretariat, Government of India
- Date बुध, 07 अगस्त, 2013
- Time 03:45 बजे - 05:30 बजे
- Venue NIPFP Auditorium
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Details
Dr. Prajapati Trivedi, Chairperson (NA, CWC) & Secretary (Performance Management), Cabinet Secretariat, Government of India, was invited for a Keynote Lecture on ‘Performance Monitoring and Evaluation System in Government’.
Seminar
Achieving Universal Access to Modern Energy: Challenges and Prospects
- Speaker Hisham Zerriffi, Assistant Professor, University of British Columbia
- Date मंगल, 23 जुलाई, 2013
- Time 03:30 बजे - 05:30 बजे
- Venue NIPFP Auditorium
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Abstract
Lack of access to modern energy services is a major impediment to improvement of human welfare globally. Currently, nearly 3 billion people globally rely on the direct burning of solid fuels to meet their cooking and heating needs. Roughly 1.3 billion lack access to electricity with another 1 billion having poor access. Significant efforts over the years have had mixed success in solving these energy access problems. Recently there has been a renewed emphasis on achieving universal access over the next two decades with 2012 declared the United Nations Year of Sustainable Energy for All and now a United Nations Decade of Sustainable Energy for All underway. The recently released Global Energy Assessment and the International Energy Agency have been analyzing the scale of effort needed to achieve universal access and some of the policies that would need to be put in place. This talk will review the results of the Global Energy Assessment and compare them to other efforts to determine what sort of resources would need to be mobilized to provide universal access and some of the institutional issues raised by trying to achieve that goal. This will be followed by a discussion of the role of the private sector and of carbon markets in particular, based on research conducted by our team at the University of British Columbia.
Seminar
Achieving Universal Access to Modern Energy: Challenges and Prospects
- Speaker Hisham Zerriffi, Assistant Professor, University of British Columbia
- Date मंगल, 23 जुलाई, 2013
- Time 03:30 बजे
- Venue NIPFP Auditorium
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Abstract
Lack of access to modern energy services is a major impediment to improvement of human welfare globally. Currently, nearly 3 billion people globally rely on the direct burning of solid fuels to meet their cooking and heating needs. Roughly 1.3 billion lack access to electricity with another 1 billion having poor access. Significant efforts over the years have had mixed success in solving these energy access problems. Recently there has been a renewed emphasis on achieving universal access over the next two decades with 2012 declared the United Nations Year of Sustainable Energy for All and now a United Nations Decade of Sustainable Energy for All underway. The recently released Global Energy Assessment and the International Energy Agency have been analyzing the scale of effort needed to achieve universal access and some of the policies that would need to be put in place. This talk will review the results of the Global Energy Assessment and compare them to other efforts to determine what sort of resources would need to be mobilized to provide universal access and some of the institutional issues raised by trying to achieve that goal. This will be followed by a discussion of the role of the private sector and of carbon markets in particular, based on research conducted by our team at the University of British Columbia.
Seminar
Ecological Limit, Economic Scale and Crisis
- Speaker Ramprasad Sengupta, Visiting Professor, NIPFP
- Date सोम, 15 जुलाई, 2013
- Time 03:30 बजे - 05:00 बजे
- Venue NIPFP Seminar Room
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Abstract
The relationship between the natural environment and human civilisation is complex. It has been exacerbated in the present times by the continued transformation and utilisation of predominantly exhaustible resources to attain economic prosperity. The book Ecological Limits and Economic development: Creating Space provides a comprehensive analysis of the role of ecological constraints in limiting development, and examines how this can be overcome in a sustainable manner. Combining a behavioural analysisv of resource dynamics with normative policy discussions of their sustainable use, it explores the linkages between the biosphere and economic systems in the context of development.. The talk based on the book would point out how ignoring of these linkages - particularly between and ecological limits and economic scale, may lead not only to environmental crisis, but also to devastation of pseudo or unsustainable developmental achievements of the past.
Seminar
Measuring HDI: The Old, the New and the Elegant
- Speaker Srijit Mishra, Associate Professor, Indira Gandhi Institute of Development Research (IGIDR), Mumbai
- Date बुध, 10 जुलाई, 2013
- Time 03:30 बजे - 05:00 बजे
- Venue NIPFP Seminar Room
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Abstract
The HDI is calculated using normalized indicators from three domains - education, health and standard of living (or income). The paper evaluates the various measures through a set of axioms with the acronym MANUSH representing Monotonicity, Anonymity, Normalization, Uniformity (balanced growth across domains should be rewarded), Signalling and Hiatus sensitivity (indicating that inequality across domains or the same gap across domain's should be considered worse off as the attainment increases). The old measure of taking a linear average of the three domains satisfies the first three axioms (or MAN) and the current geometric mean approach satisfies the first four (or MANU). We propose an alternative measure that measures the inverse of the shortfall of the distance from the ideal, which satisfies all the MANUSH axioms. Incidentally, MANUSH means human in Bengali and the term can also be rearranged to denote HUMANS.
Workshop
Workshop on Promoting Effective Utilization of National Clean Energy Fund
- Date शुक्र, 26 अप्रैल, 2013
- Time 09:30 बजे - 02:30 बजे
- Venue IHC, New Delhi
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Details
Half-day workshop on promoting effective utilization of National Clean Energy Fund, supported by SHAKTI Sustainable Energy Foundation.
- Schedule NA
- Contact email rita.pandey@nipfp.org.in
Workshop
Workshop on Fiscal-Monetary Coordination
- Date शुक्र, 05 अप्रैल, 2013
- Time 09:30 बजे - 02:30 बजे
- Venue NIPFP Seminar Room
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Details
Half-day workshop on Fiscal-Monetary Coordination.
- Schedule
- Contact email nr.bhanumurthy@nipfp.org.in
Conference
Conference on Economic Theory and Policy
- Date बुध, 20 मार्च, 2013 - शुक्र, 22 मार्च, 2013
- Venue NIPFP Seminar Room
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Details
A three-day conference on Economic Theory and Policy organized in partnership with the Jawaharlal Nehru University and Kagawa University.
- Contact email anjan.mukherjee@nipfp.org.in
Seminar
Taxation of Inherited Wealth and Bequests: An Empirical Investigation
- Speaker Prof. Stanley L. Winer, from Carleton University
- Date मंगल, 22 जनवरी, 2013
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
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Abstract
Prof. Stanley L. Winer, from Carleton University, gave a lecture on Taxation of Inherited Wealth and Bequests: An Empirical Investigation.
Workshop
Capacity Development and Environmental Fiscal Reforms
- Date गुरू, 27 दिसमबर, 2012
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
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Details
To bring about environmental fiscal reform by mapping capacity issues of policymakers, regulations, academic and research institutions; collating and documenting the tools and practice available for capacity development and review in the material to identify the gaps; and finally suggesting a road map and action plan for capacity development and awareness related activities at the national level.
Special lecture
Growth-Equity Tradeoff in Tax Policy Design: Evidence from a Large Panel of Countries
- Speaker Jorge Martinez-Vazquez, Regents Professor of Economics and Director of International Studies Program
- Date गुरू, 08 नवमबर, 2012
- Time 06:00 बजे - 08:00 बजे
- Venue IIC, New Delhi
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Details
The 5th Annual Raja Chelliah Memorial lecture on the “Growth-Equity Tradeoff in Tax Policy Design: Evidence from a Large Panel of Countries” was delivered by Jorge Martinez-Vazquez, Regents Professor of Economics and Director of International Studies Program, Andrew Young School of Policy Studies, Georgia State University on November 8, 2012 at IIC, New Delhi. Hon’ble Finance Minister C. Chidambaram chaired the event.
Workshop
workshop on Fiscal Federal Issues in India
- Date सोम, 13 अगस्त, 2012
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
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Details
The workshop was organised with the objective of having an informed discussion to help frame the issues of Reference for the fourteenth Finance Commission. The discussion focused on Devolution, FRBM Debt Consolidation and sustainability, GST, Public Expenditure Management, Decentralisation and Special Category.
- Schedule NA
Conference
Growth, Poverty and Human Development in Indian States: Selected Issues
- Speaker N.K. Singh
- Date मंगल, 07 अगस्त, 2012 - बुध, 08 अगस्त, 2012
- Venue IIC, New Delhi
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Details
N.K. Singh, Member of Parliament spoke on “Managing Centre-State Relations” to the audience which comprised of policymaker and acclaimed academics and economic and media.
Seminar
Do Departures from Democratic Accountability Compromise the Stability of Public Finances?
- Speaker Prof. Stanely L.Winer, Professor, Carleton University, Canada
- Date मंगल, 27 मार्च, 2012
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
Seminar
Stability and Competition in UK Banking
- Speaker Prof. Sir John Vickers, Professor, University of Oxford
- Date बुध, 21 मार्च, 2012
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
Seminar
Growth and Election Outcomes in a Developing Country
- Speaker Poonam Gupta, Professor, NIPFP
- Date बुध, 07 मार्च, 2012
- Time 09:30 बजे - 05:30 बजे
- Venue NIPFP Seminar Room
Special lecture
3rd Dr. Raja J. Chelliah Memorial Lecture.
- Speaker Michael Keen, Senior Advisor, Fiscal Affairs Department, IMF
- Date गुरू, 09 फ़रवरी, 2012
- Time 09:00 बजे
- Venue NIPFP Seminar Room