65 records from EconBiz based on author Name

1. Asphyxiation by sanctions : harm, fear and smog

Patek, Urjit R.;
2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link

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2. Debt, Deficits and Inflation : an Application to the Public Finances of India

abstract

The paper studies the solvency of the Indian public sector and the eventual monetization and inflation implied by stabilization of the debt-GNP ratio without any changes in the primary deficit. The nonstationarity of the discounted public debt suggests that indefinite continuation of the pattern of behavior reflected in the historical discounted debt process is inconsistent with the maintenance of solvency. This message is reinforced by the recent behavior of the debt-GNP ratio and the ratio of primary surplus plus seigniorage to GNP. Our estimates of the base money demand function suggest that even maximal use of seigniorage will not be sufficient to restore solvency

Buiter, Willem H.; Patel, Urjit R.;
2021
Availability: Link

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3. Banking regulatory powers should be ownership neutral

Patel, Urjit R.;
2018
Type: Aufsatz in Zeitschrift; Article in journal;

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4. Preventive Vigilance : the key tool of good Governance at Public Sector Institutions

Patel, Urjit R.;
2018
Type: Aufsatz in Zeitschrift; Article in journal;

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5. Resolution of stressed assets : towards the endgame

Patel, Urjit R.;
2017
Type: Aufsatz in Zeitschrift; Article in journal;

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6. Agricultural debt waiver : efficacy and limitations

Patel, Urjit R.;
2017
Type: Aufsatz in Zeitschrift; Article in journal;

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7. Financial regulation and economic policies for avoiding the next crisis

Patel, Urjit R.;
2017
Type: Aufsatz in Zeitschrift; Article in journal;

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8. Macro and micro drivers of business potential of IFSCs in India

Patel, Urjit R.;
2017
Type: Aufsatz in Zeitschrift; Article in journal;

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9. Challenges of effective monetary policy in emerging economies

Lahiri, Amartya; Patel, Urjit R.;
2016
Type: Aufsatz im Buch; Book section;

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10. Fiscal Rules in India : Are They Effective?

abstract

This paper, a chapter in the forthcoming Oxford University Press Handbook of the Indian Economy, edited by Chetan Ghate, considers India's experience with fiscal (responsibility) rules during the past decade. After reviewing the basic facts concerning public debt and deficits in India, the background and basic arithmetic of the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) are presented and commented upon. With the very small number of data points at our disposal, no formal statistical estimation and hypothesis testing about the efficacy of the rules can even be attempted. Instead we critically explore the outcomes of the FRBMA over the 5-year period of its operation, 2004/05-2008/09, using an eclectic but comprehensive metric comprising quantitative targets, qualitative strictures, transparency, integrity, and overall financial performance over the business cycle. We also briefly review fiscal responsibility legislation (and outcomes) at the state level. The evidence suggests that in recent years the fiscal space "vacated" by the states has been usurped by the central government. Finally, the recommendations of the 13th Finance Commission regarding a roadmap for fiscal consolidation are examined. We also outline a basic incentive compatible framework for state and central governments to hold each other accountable over agreed pre-determined targets

Buiter, Willem H.; Patel, Urjit R.;
2010
Availability: Link Link
Citations: 7 (based on OpenCitations) Cited By

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