## \[no-title\]

![Banner](http://www.stern.nyu.edu/sites/default/files/assets/images/Banner-Please.jpg)

**IIM Calcutta-NYU Stern
India Research Conference**

**Hosts**
The Financial Research and Trading Laboratory, IIM Calcutta
Center for Global Economy and Business, NYU Stern

**Date**
October 9, 2020

**Program Summary**     8:00 AM ET/
5:30 PM IST
**Welcome and Introductory Remarks
[Kose John](https://www.stern.nyu.edu/faculty/bio/kose-john),** NYU Stern School of Business
8:10 AM ET/
5:40 PM IST
**Households and Firms
Moderator: [Jennifer Carpenter](https://www.stern.nyu.edu/faculty/bio/jennifer-carpenter)**, NYU Stern School of Business

**Household Responses to Covid-19 in India
[Arpit Gupta](https://www.stern.nyu.edu/faculty/bio/arpit-gupta),** NYU Stern School of Business
Anup Malani, U Chicago Law School
**[Slides](https://www.stern.nyu.edu/sites/default/files/assets/documents/India_COVID_CMIE_Presentation.pdf)**

Discussant: [**Cynthia Kinnan**](https://ase.tufts.edu/economics/people/peopleKinnan.htm), Tufts School of Arts and Science

[**Economic Policy Uncertainty and Incentive to Smooth Earnings: Evidence from India**](https://www.stern.nyu.edu/sites/default/files/assets/documents/ChauhanJaiswall%20-EPU%20%26%20Incentive%20to%20Smooth%20Earnings.pdf)
Yogesh Chauhan, IIM Raipur
[**Manju Jaiswall**](https://www.iimcal.ac.in/users/manju), IIM Calcutta

Discussant: [**Shyam Sunder**](https://eller.arizona.edu/people/shyam-sunder), U Arizona Eller College of
Management
**[Slides](https://www.stern.nyu.edu/sites/default/files/assets/documents/IIMC%20NYU%20Conference.pdf)**

9:20 AM ET/
6:50 PM IST
**Break**
9:35 AM ET/
7:05 PM IST
**Misreporting Banks and Zombie Firms
Moderator: [David Yermack](https://www.stern.nyu.edu/faculty/bio/david-yermack)**, NYU Stern School of Business

[**The Unholy Trinity: Regulatory Forbearance, Stressed Banks and Zombie Firms**](https://www.stern.nyu.edu/sites/default/files/assets/documents/Anusha%20Chari%20The_Unholy_Trinity_CJK_August2020.pdf)
[**Anusha Chari**](https://www.kenan-flagler.unc.edu/faculty/directory/anusha-chari/), UNC Kenan-Flagler Business School
Lakshita Jain, UNC Kenan-Flagler Business School
Nirupama Kulkarni, CAFRAL, Reserve Bank of India
**[Slides](https://www.stern.nyu.edu/sites/default/files/assets/documents/IIMC_NYU_Slides_100920.pdf)**

Discussant: [**Sudip Gupta**](https://www.fordham.edu/info/22941/full-time_faculty/9313/sudip_gupta), Fordham Gabelli School of Business

[**Why Do Banks Hide Losses?**](https://www.stern.nyu.edu/sites/default/files/assets/documents/Amiyatosh-NPA_Divergence_v5.pdf)
Thomas Flanagan, U Michigan Ross School of Business
[**Amiyatosh Purnanandam**](https://michiganross.umich.edu/faculty-research/faculty/amiyatosh-purnanandam), U Michigan Ross School of Business

Discussant: [**Laura Blattner**](https://www.gsb.stanford.edu/faculty-research/faculty/laura-blattner), Stanford Graduate School of Business

10:45 AM ET/
8:15 PM IST
**Break**
11:00 AM ET/
8:30 PM IST
**Keynote Speech
[Esther Duflo](https://economics.mit.edu/faculty/eduflo)**, Nobel Laureate and Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at MIT

Introduction by [**Thomas Philippon**](https://www.stern.nyu.edu/faculty/bio/thomas-philippon), NYU Stern School of Business

12:00 AM ET/
9:30 PM IST
**Closing Remarks**
[**Sudhir Jaiswall**](https://www.iimcal.ac.in/users/sudhir), IIM Calcutta