Shiv Nadar University presents 'Democracy and Growth Volatility: Exploring the links' a talk by Partha Chatterjee at Conference Room - II, Main Building, India International Centre (IIC), Lodhi Estate > 6:15pm on 11th April 2014

Time : 6:15 pm 

Entry : Free (Seating on First-Come First-Served basis)
Note : Call 011-24619431 (IIC) to re-confirm any last minute change or cancellation of the event.

Place : Conference Room - II, Main Building, India International Centre (IIC), 40 Max Mueller Marg, Lodhi Estate, New Delhi-110003
Venue Info : Events | About | Map | Nearest Metro Stations - 'Khan Market(Vilolet Line)' & 'Jor Bagh(Yellow Line)'
Area : Lodhi Road Area Events

Event Description : “Democracy and Growth Volatility: Exploring the links” by Partha Chatterjee is part of the SHSS Inaugural Lecture Series organized by The School of Humanities and Social Sciences (SHSS), Shiv Nadar University. These are weekly public lectures delivered by the faculty members of SHSS covering their current work and research.

Does democracy matter in determining the economic outcome of a country? To answer this question most researchers have focused on the relationship between the polity of a country and its GDP growth rate. However in data, its not clear whether democracy affects long run growth rates and find that it differs systematically across countries – there is a high corelation between disparity in political regimes across countries and differences in volatily. More democratic a country, less volatile it is. What drives this? We show that, in a dynamic model, the optimal tax-transfer policy depends on the degree of democracy, which in turns affects the amptitude of fluctuations of growth rates.

About the Speaker : Partha Chatterjee is an Associate Professor in the Department of Economics, Shiv Nadar University. Earlier he has been a faculty member at NUS Business School (2005 -2011) and FMS, University of Delhi (2011-2013). He has received his Ph.D. in Economics from University of Minnesota. 

His research interests are broadly in microeconomics, international economics, and issues related to emerging economies. His publications include A Stochastic Dynamic Model of Trade and Growth: Convergence and Diversification and Note on a Positive Lower Bound of Capital in the Stochastic Growth Model.

Organization : Shiv Nadar University, School of Humanities and Social Sciences. 
Shiv Nadar University is an international, multi-disciplinary research-led university. Located on a 286-acre campus in India's National Capital Region, the University offers undergraduate, post-graduate, and doctoral programs in a range of disciplines in engineering, humanities and social sciences, natural sciences, communication, business, and education. SNU is a private philanthropic institution established by the Shiv Nadar Foundation in 2011 through an act of the State of Uttar Pradesh.

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