Archive for March 31st, 2014

Mirror, mirror on the wall, which is the most dynamic state of them all?

March 31, 2014

An interesting and comprehensive piece in Ideasforindia.com by Maitreesh Ghatak  of London School of Economics and Sanchari Roy  of University of Warwick.

They look at this burning issue of which State has performed better than others. And whether we can ascribe this to so called political leaders. It is comprehensive as it compares States across many indicators and not just chosen ones. So it compares the states across growth, HDI, poverty and inequality measures.

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The price of political uncertainty…

March 31, 2014

Bryan Kelly, Lubos Pastor and Pietro Veronesi have this interesting piece in voxeu.

The authors develop a measure of political uncertainty and see its impact on fin markets:

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RBI’s first bi-monthly policy on April Fool’s Day…

March 31, 2014

What a perfect day to begin RBI’s nth change – shift from quarterly monetary policy to bi-monthly policy. It is tomorrow on 1st April, a day popularly known as  April Fool’s Day.

A day when children are out trying to trick/fool others and then saying some rhyme of sorts. These rhymes differ from places to places. In Hindi heartland, making a fool is replaced by making someone ‘ullu’ (owl). Based on the owl stories which floated around in last policy, it is an apt day. Most central banks anyways make people fools/ullus  and the day marks a perfect beginning for the next year.

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