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Posts by Tanya Jain

How R&D tax credits can drive price competition in Indian industries

In the last few decades, tax credits have been introduced in many developing countries to incentivise investment in research and development (R&D). Looking at the staggered introduction of R&D tax cre...

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Debt contract enforcement and product innovation

Weak enforcement of debt contracts can have undesirable consequences for financial development, as difficulty in recovering claims from distressed firms causes banks to reduce lending. Leveraging the ...

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