About ISB NBER

ISB-NBER 2024

The third annual ISB-NBER conference on Economic Policy and the Indian Economy will be held at the Indian School of Business (ISB) in Hyderabad on December 14-15, 2024.  The meeting will focus on the measurement and consequences of competition in digital markets for goods and services, including financial services, and on the impact of public policies on the degree of competition and its consequences. The meeting will be co-organized by Shilpa Aggarwal (ISB) and Amit Seru (Stanford University and NBER).

Priority topics for discussion at the conference include, but are not limited to:

  • The extent to which digital platform firms have, and exercise, market power, and the consequences of this market power on goods and services as well as data.
  • The effect of regulatory policies, including competition policy, in digital markets, and the measurement of policy effects in various countries.
  • The role of entry in limiting the competitive power of incumbents in digital platform markets and on innovation and growth.
  • Acquisitions, scale economies, and other explanations for the growth of “mega-firms” in the digital economy.

The conference will spotlight research on the India and the South Asian region, but studies of other regions are welcome, particularly when their findings have broad implications for the analysis of digital market competition.

Agenda

Friday, December 13

07:00 pm

Conference Dinner, ITC Kohenur

Saturday, December 14

09:00 am

Coffee and Tea

09:30 am

Monopsony Power in the Gig Economy

Jack W. Fisher, University of Virginia

Discussant:

Michael Luca, Johns Hopkins University and NBER

10:35 am

Break

10:50 am

Regulating Competing Payment Networks

Lulu Wang, Northwestern University

Discussant:

Tommaso Valletti, Imperial College London

11:55 am

Lunch

01:00 pm

Spillover Effects in Complementary Markets: A Study of the Indian Cellphone and Wireless Service Markets

Chirantan Chatterjee, University of Sussex

Ying Fan, University of Michigan and NBER

Debi Prasad Mohapatra, University of Massachusetts Amherst

Discussant:

Shane Greenstein, Harvard University and NBER

02:05 pm

Break

02:20 pm

Shadow Banks on the Rise: Evidence Across Market Segments

Kim F. Cramer, London School of Economics

Pulak Ghosh, India Institute of Management Bangalore

Nirupama Kulkarni, CAFRAL

Nishant Vats, Washington University in St Louis

Discussant:

Viral V. Acharya, New York University and NBER

03:45 pm

Open Banking and Digital Payments: Implications for Credit Access

Shashwat Alok, Indian School of Business

Pulak Ghosh, India Institute of Management Bangalore

Nirupama Kulkarni, CAFRAL

Manju Puri, Duke University and NBER

Discussant:

Tania Babina, Columbia University and NBER

05:00 pm

Panel Discussion (TBA)

07:00 pm

Dinner

Sunday, December 15

09:00 am

Coffee and Tea

09:30 am

Platform Information Provision and Consumer Search: A Field Experiment

Lu Fang, Zhejiang University

Yanyou Chen, University of Toronto

Chiara Farronato, Harvard University and NBER

Zhe Yuan, Zhejiang University

Yitong Wang, Alibaba Group

Discussant:

Zhiguo He, Stanford University and NBER

10:35 am

Break

10:50 am

Demographics and Technology Diffusion: Evidence from Mobile Payments

Nicolas Crouzet, Northwestern University

Apoorv Gupta, Dartmouth College

Pulak Ghosh, India Institute of Management Bangalore

Filippo Mezzanotti, Northwestern University and NBER

Discussant:

Luigi Zingales, University of Chicago and NBER

11:55 am

Lunch

01:00 pm

The Digital Welfare of Nations: New Measures of Welfare Gains and Inequality

Erik Brynjolfsson, Stanford University and NBER

Avinash Collis, Carnegie Mellon University

Asad Liaqat, Meta Platforms, Inc

Daley Kutzman, Meta Platforms, Inc

Haritz Garro, Facebook

Daniel Deisenroth, Meta Platforms, Inc

Nils Wernerfelt, Northwestern University

Jae Joon Lee, Stanford University

Discussant:

Raghuram Rajan, University of Chicago and NBER

02:05 pm

Break

02:20 pm

Algorithmic Drivers of Online Behavior: Evidence from a Large-Scale RCT in India

Aarushi Kalra, Brown University

Discussant:

Shilpa Aggarwal, Indian School of Business

04:00 pm

Adjourn

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