6 November 2017: Is Bay of Bengal the next BRICS? An opportunity for India? Can it really do what Saarc could not?

Sourajit Aiyer

Abstract:
BRICS evolved as an economic asset-class, despite being a disparate geographical group. Is BIMSTEC (Bay of Bengal group) at a similar juncture now where Brics was a few years ago? Can Bimstec really do what Saarc could not, as it essentially replaces Pakistan with Thailand? How does it stack as an opportunity for consumption, investment & production? What if emerging markets of S.E. Asia like Indonesia & Vietnam were added to make it Bimstec + I + V? This presentation would look at these aspects, to see if it does stand out?

Date: November 6, 2017
Time: 04:30 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

3 November 2017: Responding to Regulatory Failure: Financial Regulation in the US since the Global Financial Crisis

Adam Feibelman
Tulane University Law School

Abstract:
The global financial crisis of 2008-09 represented, among other things, a massive and broad-ranging regulatory failure in the United States. Regulatory regimes responsible for the safety and soundness of consumer financial transactions, the banking system, and capital markets all failed to avoid the financial collapse that occurred during that time and proved insufficient to resolve it quickly to avoid follow-on effects in the real economy and across the globe. Not surprisingly, the years immediately following the collapse and crisis brought significant reforms of financial regulation in the U.S. and elsewhere. This talk will describe and assess these reforms as well as current proposals to revisit and reverse some of them.

Date: November 3, 2017
Time: 04:30 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

31 October 2017: Anticipating the Function and Impact of India’s New Personal Insolvency and Bankruptcy Regime

Adam Feibelman
Tulane University Law School

Abstract:
In May of last year, India adopted a new regime for personal insolvencies and bankruptcies as part of a comprehensive Insolvency and Bankruptcy Code. The regime for individuals has not yet gone into force, and many fundamental questions about its purpose and likely impact remain largely unaddressed. This talk will describe the new personal insolvency and bankruptcy regime and the likely goals of policymakers who drafted and enacted it. It will also assess the design of the regime in light of those goals and anticipate the impact of the law on private parties who might utilize it and on the broader economy.

Date: October 31, 2017
Time: 04:30 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

3 November 2017: Book launch - Reaching for the sky: Empowering girls through education

Urvashi Sahni
Study Hall Educational Foundation and Brookings Institution, Washington, D.C.,

Keynote Remarks:
Vrinda Sarup, former Secretary, School Education and Literacy, Ministry for Human Resource Development

Organised by:
Brookings India

Abstract:
How can gender equality can be achieved in a patriarchal society through education? How can girls learn to be equal and autonomous persons in school as part of their official curriculum? And, how can they use this learning to transform their lives and those of their families?

Reaching for the Sky illustrates how education can be truly transformative when it addresses the everyday reality of girls’ lives and responds to their special needs and challenges with respect and care. The insights and lessons from this book have important implications for wider policy-making.

Date: November 3, 2017
Time: 04:00 P.M.

Venue:
Brookings India
No. 6, Second Floor,
Dr. Jose P. Rizal Marg,
Chanakyapuri,
New Delhi-110021

Note:
Please RSVP rlaik@brookingsindia.org to confirm your presence.

Location:

15-18 November 2017: Econophys-2017 Conference and the Asia Pacific Econophysics Conference (APEC)-2017

Organised by:
Jawaharlal Nehru University jointly with University of Delhi, Saha Institute of Nuclear Physics and CentraleSupélec.

Abstract:
Economic and financial markets appear to be in a permanent state of flux. Billions of agents interact with each other, giving rise to complex dynamics of economic quantities at the micro and macro level. With the availability of huge data sets, researchers can address questions at a much more granular level than was possible earlier. Fundamental questions of aggregation of actions and information, coordination, evolution of economic and financial networks have received significant importance in the current research agenda of the Econophysics literature, Parallely, Sociophysics literature has focused on large-scale social data and their inter-relations. The proposed empirical approach is a leading contender to find patterns in data, which can be very short-lived. In this meeting, we focus on questions and models to analyze such economic and social behavior.

Date: November 15-18, 2017
Time: 09:30 A.M.

Venue:
Convention Centre
Jawaharlal Nehru University
New Delhi - 110 067 (INDIA)
and
Lecture Hall
University of Delhi
University Enclave,
Delhi-110007(INDIA)

Note:
Details and Registration:
http://econophys-apec-2017.in/econophys/register.php;
http://econophys-apec-2017.in

For any queries/help please contact Ms Kiran Sharma, Conference Secretary at econophys.apec.2017@gmail.com

Location:

and

29-30 October 2017: Conference - Improving public healthcare through fiscal federalism

Organised by:
Brookings India in partnership with the Nehru Memorial Museum and Library, the Forum of Federations (Canada) and the Inter-State Council.

Abstract:
This conference seeks to provide an opportunity to deliberate over the critical issues of public health in India and to discuss how we relate to the Sustainable Development Goal (SDG) for improved healthcare.

Date: October 29-30, 2017
Time: 09:30 A.M.

Venue:
Nehru Memorial Museum and Library
Teen Murthi Bhavan
New Delhi-110011(INDIA)

Note:
Kindly RSVP dgupta@brookingsindia.org to confirm your presence.

Location:

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11 October 2017: How to fit a jump diffusion model to return prices?

Francine Diener
Laboratoire Jean Dieudonné, Nice, France

Abstract:
In 1976, R. C. Merton extended the classical (continuous) Black-Scholes model for return prices to models known as jump diffusion models for which the return prices have large jumps intersperced with small continuous movements. Useful, for example, for commodity prices, especially when they are not very liquid, their main disad vantage is that it is not easy to calibrate the parameters of the model to existing data. Indeed introduction of jumps adds three extra parameters, λ, m and s to the original Black-Scholes ones, μ and σ.

In this talk, we introduce a new method to estimate the three jump-parameters and show how to do on an example of rubber return prices on the Thai market.

Date: October 11, 2017
Time: 03:30 P.M.

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

Location:

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10 October 2017: Microcredit: stochastic et statistical approaches for understanding and rating

Marc Diener
Laboratoire Jean Dieudonné, Nice, France

Abstract:
Microcredit has been invented in the Indian subcontinent and is still getting more and more popular, even if facing a lot of critisism. I will explain how, in Nice, we understand this still unusual financial activity and the kind of elementary mathematical research we perform. We will begin with an example given by M. Yunus that shows that the expected interest rate in this example is 3% less than the admitted 20%. Then we will come up with a Markov chain model directly inspired by G. Tedeschi that can explain why a borrower prefers to pay what she owes. O. Khodr could then adress the question of modelling joint-lending. We will improve this model into Nahla Dhib’s model for improving the microcredit activity into a path to Inclusion (into the regular banking system). We will also present the result of P. Mauk’s research on Ahlin and Townsend’s data from Thailand on selecting parsimoniously variables for estimating the probability of default of a borrower that can’t produce a credit-history. If time allows we will describe Tedeschi’s statistical approach of impact assessment

Date: October 10, 2017
Time: 03:30 P.M.

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

Location:

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30 October 2017: The IMF's Latest World Economic and Financial Outlook

Andreas Bauer
International Monetary Fund (IMF)

Abstract:
The presentation will provide an overview of the findings of the IMF’s World Economic Outlook, Global Financial Stability Report, and Fiscal Monitor, including the latest round of macroeconomic forecasts for the global economy. The implications of the external outlook for India’s economy will also be discussed.

Date: October 30, 2017
Time: 04:30 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

4 October 2017: Panel discussion on "Journalism in the digital era- the new rules of engagement"

Abstract:
The event will examine how the practice of journalism has changed with the advent of the digital era, exploring in particular the manner in which the use of social media by publications and journalists has changed the rules of reporter-reader engagement. The panelists will discuss their experience interacting with their readership, both the unprecedented level of dialogue they enjoy with their readers, as well as the less-constructive interaction the development has enabled.

Date: October 4, 2017
Time: 02:00 P.M.

Venue:
American Center,
24, Kasturba Gandhi Marg,
New Delhi - 110001(INDIA)

Location:


Note:
Please register at https://docs.google.com/forms/d/e/1FAIpQLSenBw9nIADhWB_cupx9h7aEPHDSOw5NPKTvZhIOYgzsC3lkGA/viewform