ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Subjective Well-being in India

Subjective well-being is now an important area of research. We carried out the first all-India analysis of swb focused on economic well-being based on the only all-India panel survey that covers 2005 and 2012. While economic factors such as affluence and employment are important covariates, age, gender, health, caste, and schooling are other important covariates. Existing policies fail to provide adequate protection to old people living with non-communicable diseases and disabilities. An important challenge going forward is strengthening policies that will enable healthy ageing.

 

Dynamics of Competition in the Indian Banking Sector

Competition is supposed to make banks more efficient and stimulate financial innovation by opening up of new markets. Given the dynamic changes within the Indian banking system in the last two decades, the effect of the developments in the market on the competitive behaviour of Indian commercial banks is assessed. The empirical analysis suggests monopolistic competition. This feature of the Indian banking market is consistent with other emerging-market economies and developing countries. We also find a decrease in competition across the two time-periods, before and after 2007. This may be attributed to the consolidation of the sector, with major banks acquiring smaller banks to gain economies of scale, market share and transaction volume.

Creating Long Panels Using Census Data (1961–2001)

Official data in India are mostly published at the state or district level. Multi-year analyses of these data are made difficult by the many changes in state and district boundaries that have occurred since the first comprehensive census of independent India in 1961. Between 1961 and 2001, the number of states and union territories in India increased from 26 to 35, and the number of districts increased from 339 to 593. There were several changes in both names and boundaries. We document these changes and use them to construct regions of amalgamated districts with constant boundaries.

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