Archive for December 6th, 2010

Effect of Economic Slowdown on Employment in India

December 6, 2010

Now there is always a concern on the state of Indian statistical system. These days, you find a daily article on how inadequate our basic statistical system. First, there is so little official data on Indian economy and Second, whatever is of poor quality.

One major area is lack of any data on unemployment. Labour Bureau has been releasing a quarterly report on how employment has shaped in India since the global crisis in Sep-08. The report is a survey where information is collected from 2,558 units / establishments covering 21 centres spread across 11 States and union territory.

They released the eighth report recently. PIB press release is here.

Findings:

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Eichengreen recommends five books on Europe

December 6, 2010

Here is a superb Q&A session with Barry Eichengreen in which he picks his five favorite books on Europe. (He just became very frustrated on European policymakers).

The books he picks are:

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Nudging to ease deficit liquidity situation

December 6, 2010

Before I go onto the main point, let me just provide a brief background.

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