Monday, October 31, 2011

4 November 2011: Economic Transformation and Learning: Insights for India

Joseph E. Stiglitz
Columbia University

Date: November 4, 2011
Time: 06:30 P.M.

Venue:
Indian International Centre (Multipurpose Hall)
40, Max Mueller Marg,
New Delhi-110003(INDIA)

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3 November 2011: Sectoral Dislocations and Long Run Crises

Joseph E. Stiglitz
Columbia University

Date: November 3, 2011
Time: 02:15 P.M.

Venue:
Conference Hall
Indian Statistical Institute Delhi Centre,
7, S. J. S. Sansanwal Marg,
New Delhi-110016 (INDIA)

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Friday, October 21, 2011

21 October 2011: Characterization of the Shapley-Shubik Power Index without the Efficiency Axiom

Ori Haimanko
Ben-Gurion University

Abstract:
We show that the Shapley-Shubik power index on the domain of simple (voting) games can be uniquely characterized without the efficiency axiom. In our axiomatization, the efficiency is replaced by the following weaker requirement that we term the gain-loss axiom: any gain in power by a player implies a loss for someone else (the axiom does not specify the extent of the loss). The rest of our axioms are standard: transfer (which is the version of additivity adapted for simple games), symmetry or equal treatment, and dummy.

Date: October 21, 2011
Time: 11:30 A.M.

Venue:
Seminar Room 2
Indian Statistical Institute Delhi Centre,
7, S. J. S. Sansanwal Marg,
New Delhi-110016 (INDIA)

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Monday, October 17, 2011

20 October 2011: Public Capital, Growth and Welfare: Public Policy Implications for India

Pierre-Richard Agénor
University of Manchester

Abstract:
The persistence of poverty and lack of progress in human development has led policymakers to put renewed emphasis on policies aimed at promoting economic efficiency and improving the productivity of the poor, generating income-earning capabilities and creating opportunities for using them productively. This has led to a greater priority on investments in public infrastructure. Recent analytical and empirical research has highlighted the fact that public infrastructure may spur growth through a variety of other channels, beyond its effects on the productivity of private inputs and the rate of return on private capital, including through an impact on health and education outcomes. Accounting for the externalities associated with infrastructure may thus be essential in designing and quantifying growth and human development strategies. Professor Agenor and discussants will highlight, analytically and empirically, the channels through which public capital investment may feed into human development outcomes in health, education, and women's time allocation, among others, and will suggest implications for public policies in the Indian context.

Date: October 20, 2011
Time: 05:30 P.M.

Venue:
Upper Basement Conference Room
The World Bank,
70 Lodi Estate,
New Delhi-110003(INDIA)

Note:
For queries, please contact Savita Dhingra at sdhingra@worldbank.org or Tanusree Talukdar, ttalukdar@worldbank.org

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19 October 2011: A Ranking Method Based on Handicaps

Gabrielle Demange
Paris School of Economics

Abstract:
Ranking systems are becoming increasingly important in many areas, in the Web environment and academic life for instance. The paper introduces and characterizes a new method based on the notion of 'handicaps'.

Date: October 19, 2011
Time: 03:30 P.M.

Venue:
Conference Room
Indian Statistical Institute Delhi Centre,
7, S. J. S. Sansanwal Marg,
New Delhi-110016 (INDIA)

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Thursday, October 13, 2011

20 October 2011: Export Versus FDI in Services

Rudrani Bhattacharya
NIPFP

Date: October 20, 2011
Time: 03:30 P.M.

Venue:
NIPFP Auditorium (Ground Floor), Old Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

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Tuesday, October 11, 2011

17 October 2011: Celebrating 25 Years of India-ADB Partnership - Eminent Persons’ Forum

Organised by:
Asian Development Bank

Abstract:
The rapid rise of Asia in the last three decades of the 20th century represents one of the most remarkable episodes of economic development in history. The first decade of the 21st Century has seen a further deepening of the ‘Asian growth story’, leading many to label this century as the Asian Century. However, an Asian Century is not preordained. Having successfully ignited growth, Asia faces the challenge of sustaining growth and ensuring that it is inclusive. Moreover, the Asian Century must not be Asia's alone. It must be a century of shared prosperity globally.

What are the actions and agendas – nationally, regionally, and globally – that Asia's leaders must adopt if Asians are to take their place among the ranks of the affluent? How should Asia's countries engage with one another and globally? At the Eminent Persons’ Forum statesmen and experts from Asia will provide their perspectives on these questions in three sets of panel discussions.

Speakers at the Forum include Mr. Pranab Mukherjee, Honorable Finance Minister of India; Mr. Haruhiko Kuroda, President of ADB; His Excellency Mr. Cesar V. Purisima, Secretary for Finance, Government of Republic of the Philippines; His Excellency Mr. Ahmad Husni Hanadzlah, Finance Minister II of Malaysia; Dr. Shankar Acharya, Honorary Professor, Indian Council for Research on International Economic Relations; Dr. Kaushik Basu, Chief Economic Advisor, Ministry of Finance; Professor Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy, Columbia University; Dr. Changyong Rhee, Chief Economist, ADB; Ambassador Kyung Wook Hur, Korea's Ambassador to the OECD; Mr. Hidetoshi Nishimura, Executive Director, Economic Research Institute for ASEAN and East Asia; and Dr. Than Nyun, Former Chairman of the Myanmar Public Service Commission.

Date: October 17, 2011
Time: 09:30 A.M.

Venue:
Kamal Mahal,
ITC Maurya,
Diplomatic Enclave,
Sardar Patel Marg,
New Delhi 110 021 (India)

Location:

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14 October 2011: In-play Football Prediction

Nils Rudi
INSEAD

Abstract:
For in-play football prediction, we consider a model based on Poisson arrival rates of goals. We prove that for a given pre-game trinomial predictive distribution of the result (i.e., home, tie and away), there exist a unique pair of Poisson arrival rates which correspond to it. This facilities the base model of in-play prediction with an absolute minimum requirement of data analysis. This result is extended to non-stationary arrival rates and state (score difference) dependent arrival rates. We perform an empirical investigation of the models using a large set of data from multiple leagues, and contrast the results with those of logistic regression. In the presentation, I will also talk about multiple research opportunities in football, and current work we are doing with an extensive data set from the English Premier League.

Date: October 14, 2011
Time: 11:30 P.M.

Venue:
Seminar Room 2, New Building
Indian Statistical Institute Delhi Centre,
7, S. J. S. Sansanwal Marg,
New Delhi-110016 (INDIA)

Location:

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Friday, October 7, 2011

12 October 2011: Role of Information Technology Sector in Explaining Acceleration of India’s Economic Growth

Jyoti Vig
University of Minnesota

Abstract:
This paper attempts to study the role of information technology (IT) in explaining the structural features of the Indian economy such as an increasing share of services in GDP and an increase in contribution of services in the acceleration in output per worker since 1993–2004. Using a multi-sector framework with three final goods and one intermediate good (stylized as IT) the author tries to find out if this framework can reproduce the above structural features. Simulating greater absorption of IT in the economy the author observes that her benchmark model allows for a close fit of GDP and sector outputs for the period 1991 to 2003. However, the model severally undershoots thereafter. To mimic the impact of greater IT absorption in the domestic economy the author applies a parametric experiment and call it the “Jorgenson Effect”. She asks whether this new economy can account for the sharp acceleration in GDP and sectoral outputs observed in the benchmark. Though she observes a closer fit of the data, the new economy still undershoots growth for the period 2003–09.

Date: October 12, 2011
Time: 03:30 P.M.

Venue:
NCAER Conference Room
National Council of Applied Economic Research
Parisila Bhawan, 11, Indraprastha Estate
New Delhi-110002(INDIA)

Note:
For queries, please contact Ms. Sudesh Bala at sbala@ncaer.org or on 011-2345-2664

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14 October 2011: Stepping Up Skills for More Jobs and Productivity: A Framework for Analysis

Ariel Fiszbein
The World Bank

Abstract:
Skills are increasingly being recognized as a bottleneck for employment, productivity and growth. Both developed and developing countries are launching ambitious strategies and programmes for skills development. This presentation will propose a framework to conceptualise skills development strategies that recognises the diversity of skills demanded, the incentives and behaviours of individuals and firms, and the evidence on effective programmes.

Date: October 14, 2011
Time: 11:00 A.M.

Venue:
NCAER Conference Room
National Council of Applied Economic Research
Parisila Bhawan, 11, Indraprastha Estate
New Delhi-110002(INDIA)

Note:
For queries, please contact Ms. Sudesh Bala at sbala@ncaer.org or on 011-2345-2664

Location:

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13 October 2011: How Social Norms Matter for Development Effectiveness: Women's Autonomy and Subjective Well-Being in Orissa, India

Thomas de Hoop
3ie

Abstract:
This paper serves to go beyond the obvious but relatively vague notion that context matters for the effectiveness of development programs. We present quasi-experimental evidence that, on average, self-help group membership does not affect subjective well-being in Orissa, India. Furthermore, we present evidence indicating that self-help group membership has positive impacts on women's autonomy. Our results at the same time reveal that subjective well-being sharply declines for those members whose newly gained autonomy meets with relatively conservative gender norms among non-members. The findings demonstrate that self-help groups have a higher impact if social norms are conducive. We thus demonstrate that the heterogeneity in the impact estimates that is related to context becomes partly predictable by the measurement of social norms. This suggests that we can learn something about external validity from the derivation of heterogeneous impacts in a single setting only.

Date: October 13, 2011
Time: 03:00 P.M.

Venue:
Seminar Room
ISID Complex, Plot No. 4
Vasant Kunj Institutional Area
New Delhi- 110 070(INDIA)

Location:

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13 October 2011: In-play Football Prediction

Nils Rudi
INSEAD

Abstract:
For in-play football prediction, we consider a model based on Poisson arrival rates of goals. We prove that for a given pre-game trinomial predictive distribution of the result (i.e., home, tie and away), there exist a unique pair of Poisson arrival rates which correspond to it. This facilities the base model of in-play prediction with an absolute minimum requirement of data analysis. This result is extended to non-stationary arrival rates and state (score difference) dependent arrival rates. We perform an empirical investigation of the models using a large set of data from multiple leagues, and contrast the results with those of logistic regression.

Date: October 13, 2011
Time: 03:00 P.M.

Venue:
AMEX Conference Room (Second Floor),
Department of Economics,
Delhi School of Economics,
New Delhi-110007(INDIA)

Location:

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