Monday, May 31, 2021

Mostly Economics

Mostly Economics


RBI comes to the rescue of Centre and States

Posted: 31 May 2021 02:41 AM PDT

My new piece in Moneycontrol. Amidst all the economic chaos and uncertainty, RBI once again comes to rescue both the Centre and State governments.

The impact of bankruptcy on innovative firms

Posted: 31 May 2021 12:47 AM PDT

Song Ma, Joy Tianjiao Tong & Wei Wang in this NBER paper: This paper studies how innovative firms manage their innovation portfolios after filing for Chapter 11 reorganization using three decades of data. We find that they sell off core (i.e., technologically critical and valuable), rather than peripheral, patents in bankruptcy. The selling pattern is driven almost entirely […]

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