How To Look for Inflation

Here are links to the official sources: The RBI’s DBIE website. The latest CPI report on the MOSPI website. The WPI PDF report from the EA Industry website. If you want a secondary source with better graphs, Trading Economics is a good option. But that’s not what I want to talk about today. What I … Continue reading “How To Look for Inflation”

Playing Around With Data

In yesterday’s post, I spoke about collection, and a teeny-tiny bit about the history of the institutions behind data collection exercises in India.((Really teeny-tiny bit. Please read the whole thing)) In today’s post, I’ll compare two websites – one American and one Indian – to show you how both countries allow researchers to use the … Continue reading “Playing Around With Data”

The Indian FRED

So from yesterday’s post, this is where you need to go to get the data about India’s agricultural exports. There may be more than one correct answer, of course, but the Excel file that I generated came from here. The DGCIS website also offered to give me the data, but after telling me that I … Continue reading “The Indian FRED”

Learn Macro by Reading the Paper

Macro, and I’ve said this before, is hard. But a useful way to start understanding it, at least in an Indian context, is by: carefully reading a well written article understanding and noting for oneself key concepts within that article recreating the charts from that article That includes figuring out the source of the data… … Continue reading “Learn Macro by Reading the Paper”

Neelkanth Mishra on the Inflation Spectrometer

There’s learning macroeconomic theory, and there’s applying what you know to the world around you. In an excellent column, which we shall parse together, Neelkanth Mishra teaches us how to use basic micro and macroeconomics to make sense of the world around us. He begins with an analogy of the spectrometer, a device used to … Continue reading “Neelkanth Mishra on the Inflation Spectrometer”

Reproducibility and Replicability

I and a colleague conducted a small behavioral economics and experimental economics workshop for our students at the Gokhale Institute. It was a very small, very basic workshop, but one of the things that came up was the reproducibility problem, or as Wikipedia puts it, the replication crisis. The replication crisis (also called the replicability … Continue reading “Reproducibility and Replicability”