Comparing Participation in Formal Financial Services across Two Nationally Representative Surveys: CPHS vs. AIDIS
A comparison of household portfolios across two nationally representative survey highlights substantial differences in the ownership of financial assets, while similarities in the incidence of indebtedness.
What should social protection do?
In this post, we set out our vision for what social protection in India should aim to do, and then pose some questions on how we might achieve this.
Insights from the All India Debt and Investment Survey (AIDIS) 2019
In this slide deck, we cover some of the key insights from the AIDIS 2019 that throw light on the current landscape of household finance in India.
The Need to Explore the Finances of Platform Workers
In recent months, there have been several reports on platform workers demanding greater worker rights in India.
Does financial and macro policy explain household investment in gold?
Gold dominates household portfolios in India. This has been labelled as irrational behaviour by financially illiterate households. In this paper, we show that household preference towards gold is not irrational in the context of the Indian financial and macroeconomic environment which includes high inflation, financial repression, and capital controls.
What is Social Protection?
Blog post series: This series of posts will attempt to do two things – first, to examine the definitional boundaries of social protection and where they relate to other financial services for low-income households, and second, to use this to arrive at a working definition of social protection for policymakers and research organisations such as Dvara Research. As a first step, we break down a few questions in this first post.
What household finance tells us about financial inclusion in India
There is an urgent need to make formal financial services more flexible, and customer centric, in order to increase its usability
Literature Review: Finances of Platform Workers in India
This brief reviews the literature on the finances of platform workers in India and around the world.
Household Savings & The Macroeconomy
In this paper, we document some key relationships between micro-level household behavior and macro-level aggregates for the Indian economy. Using the CMIE’s Consumer Pyramids Survey, we show that for the period 2014-19, the household-level savings rate around the median of the income distribution correlates strongly with, and has predictive power for, macro-aggregate variables such as the Wholesale Price Index and its rate of change, the Prime Lending Rate, the growth rate of bank credit for personal loans, the growth rate of industry-sector GDP, and the growth rate of bank credit to the household sector.
Analysing the Financial Portfolio of Indian Households Following Different Faiths
In this deck, we analyse the financial portfolios of Indian households adhering to different religious faiths