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

Articles by Sargam GuptaSubscribe to Sargam Gupta

The Role of Socio-economic Status in Shaping Macroeconomic Beliefs of Indian Households

Using a household-level panel data set on Indian households, it is shown that households’ macroeconomic beliefs—their expectations regarding country-level macroeconomic developments—depend on their socio-economic status. Households with higher income and with more educated members are more optimistic not only with respect to the overall future business conditions of the economy but also with respect to their future family finances. In addition to socio-economic status, the rural–urban divide also plays an important role in shaping Indian households’ macroeconomic expectations.

An Alternate to Survey Methods to Measure Work from Home

In the times of COVID-19, it is desirable to know jobs that can be performed from home. A most common way to estimate jobs that can be performed from home is by carrying out surveys. However, unavailability of surveys in the home country compels researchers to estimate a work from home index using other countries’ surveys. This can potentially lead to large measurement errors. We believe that to overcome these challenges rating-based methodology provides a reasonable alternative which can easily be replicated in any country. Using rating-based methodology and statistical tools like inter-rater reliability we attempt to provide a robust index of WFH for India.     


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