National Council of Applied Economic Research
Using primary survey data, this report assesses whether, and to what extent, the weaknesses noted by past evaluation studies on the TPDS have been adequately addressed by state governments. Six states viz., Assam, Bihar, Chhattisgarh, Karnataka, Uttar Pradesh and West Bengal are covered. Of these, Chhattisgarh, Bihar and Karnataka have already implemented the NFSA (2013),... Read More
Using unique data from the India Human Development Survey, a large, repeated, national household survey conducted by researchers from the NCAER and the University of Maryland before and after the implementation of MGNREGA, this report examines changes in the lives of rural households and in the rural economy against the backdrop of changes brought about... Read More
The Ministry recently requested NCAER to estimate the economic benefits of dynamic Weather and ocean state forecasts and the resulting advisories provided to users. This report, the third in the series of NCAER’s work with MoES, consists of two parts. The first part estimates the potential economic benefits of ESSO-NCMRWF dynamic weather forecasts (coordinated with... Read More
This paper analyzes whether liquidity constraints matter for optimal monetary policy choices in an open economy. Asset market participation is limited as some agents lack financial capacity and behave in a hand-to-mouth fashion. I evaluate consumer welfare using a micro-founded welfare criterion derived through perturbation techniques, and find that the presence of liquidity constraints requires... Read More
The Kerala Perspective Plan 2030 (KPP) prepared by NCAER for the Kerala State Board of Planning is a strategic path forward for Kerala to achieve economic and living standards equivalent to Nordic countries. KPP 2030 targets leapfrogging the high middle income threshold in the next 15 years and the high income threshold in the next... Read More
This India Policy Forum 2014–15 comprises papers and highlights of the discussions at the 11th India Policy Forum (IPF) held in New Delhi on July 15–16, 2014. The IPF explores India’s rapidly evolving and sometimes tumultuous economic transition and its underlying reform process using policy-relevant, rigorous, empirical research. The IPF is sponsored and organised by... Read More
Over the last decade, the Dynamic Stochastic General Equilibrium (DSGE) framework has become a workhorse for macroeconomic analysis in both academic and policy circles. Following this emerging trend, we aim to expand our research capacity in macroeconomics at NCAER by introducing a baseline DSGE model for the Indian economy. This working paper comes out as... Read More
JAER publishes papers that pay special attention to the economics of emerging economies, but is open to high-quality papers from all fields of applied economics. Empirical papers with significant policy implications are preferred, particularly papers with evidence-based policy analysis that apply modern quantitative techniques to sound data sets.
This paper examines the estimation procedure of domestic product for communication sector in India at constant prices. It is observed that the methods used for estimating domestic product at constant prices suffer from serious flaws with respect to communication sector. When corrected by using a simplified method, it is found that the growth in real terms... Read More
This economic outlook by NCAER, co published with India International Centre, New Delhi, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, including the financial and corporate sectors for that fiscal year. Long-term trends in the macro-economic performance of the Indian... Read More
