MDAE Working Papers

MDAE Working Paper Series
MDAE Working Paper #2018/001
Title: Hyperloop: New Heights (Literally!) For Mumbai and Pune
Author/s: Indradeep Ghosh is Associate Professor & Dean (Faculty), Meghnad Desai Academy of Economics
Tushar Kanade is Chief Minister’s Fellow, Government of Maharashtra, & Class of 2017, Meghnad Desai Academy of Economics
In this paper, the authors describe the potential economic effects of the proposed Hyperloop line connecting Mumbai to Pune. The authors unveil a new concept and show how this concept can help us understand the urban impact of Hyperloop technology.
Uploaded: May 22, 2018 at 12 pm
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MDAE Working Paper #2018/002
Title: Are Women Really Better Borrowers In Microfinance? Evidence From Matrilineal And Patrilineal Societies
Author/s: Shagata Mukherjee is Assistant Professor, Meghnad Desai Academy of Economics.
Are women wired naturally and fundamentally different than men to be better borrowers or is it the social context in which the gender roles operate that motivate their behavior? In this paper, the author answers this question by designing and conducting microfinance field experiments in comparable matrilineal and patrilineal societies in rural India.
Uploaded: May 22, 2018 at 12 pm
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MDAE Working Paper #2018/003
Title: How does Debt-Financing affect Productivity Growth? Firm-level Evidence from India
Author/s: Shahana Mukherjee is Assistant Professor, Meghnad Desai Academy of Economics.
In this paper, the author establishes, using an Instrumental Variables regression framework, that manufacturing firms in India that use debt finance are also less productive, indicating that agency costs of debt are a significant factor associated with lower firm-level expenses on R&D.
Uploaded: May 22, 2018 at 12 pm
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