Upcoming

 

  • Equity Pricing New Keynesian Models with Nominal Rigidities and Investment
    • Speaker: Rahul Nath, Ashoka University
    • Date: Friday, 24th January, 2020
    • Time: 11:30 AM to 1 PM.
    • Venue: Seminar Room 2
    • Abstract
      This paper derives explicitly an equity pricing relationship in a New Keynesian model. This relationship is used to study the equity pricing implications of New Keynesian models. I find that New Keynesian models suffer from the same asset pricing shortcomings as more traditional RBC versions. This is attributed to the presence of a new `forward looking’ channel induced by the presence of nominal rigidities. However, once capital adjustment costs are introduced I find that the presence of nominal rigidities leads to a significant quantitative improvement in the equity return and equity premium. Thus this paper shows that what matters for equity pricing, and asset pricing more broadly, in models with nominal rigidities are the general equilibrium interactions with other rigidities via the forward looking channel.
  • Early Warning Signs: Targeting Neonatal and Infant Mortality using Machine Learning
    • Speaker: Dweepobotee Brahma, Brookings Institution India Center
    • Date: Friday, 31st January, 2020
    • Time: 11:30 AM to 1 PM.
    • Venue: Seminar Room 2
    • Abstract
      This paper builds predictive models for the incidences of neonatal and infant mortality using multiple parametric and non-parametric novel Machine Learning (ML) techniques. The ML techniques display a higher prediction accuracy compared to standard logistic regression. The consensus of the top predictors from the ML algorithms serve as leading indicators of neonatal and infant mortality and enables us to identify a ‘high-mortality risk’ group of mothers and infants using a household survey data from India. The identification of this at-risk population is particularly relevant for the creation of targeted public health policies. Based on our analysis we also provide some policy directives.
  • TBA
    • Speaker: Sonia Bhalotra, University of Essex
    • Date: Thursday, 20th February, 2020
    • Time: 11:30 AM to 1 PM.
    • Venue: Seminar Room 2
    • Abstract
      TBA
  • TBA
    • Speaker: Kavita Sardana, Teri University
    • Date: Friday, 28th February, 2020
    • Time: 11:30 AM to 1 PM.
    • Venue: Seminar Room 2
    • Abstract
      TBA