We find evidences of significant volatility co-movements and/ or spillover from different financial markets to forex market for Indian economy. Among a large number of variables examined, volatility spillovers from stock market, government securities market, overnight index swap, Ted spread and...

Pattnaik, Bose, Bhattacharyya and Chander analyse the role of public expenditure in India as a key fiscal policy instrument to achieve the goals of growth, equity and stability and, at the same time, to ensure the sustainability of public finances. The paper documents the development of fiscal...

In this paper we empirically investigate the relationship between capital flows and exchange rates in India based on a new index of real effective exchange rates for the Indian Rupiah. Instead of using consumer price indices we deflate exchange rates by MSCI asset price indices. The...

We find evidences of significant volatility co-movements and/ or spillover from different financial markets to forex market for Indian economy. Among a large number of variables examined, volatility spillovers from stock market, government securities market, overnight index swap, Ted spread and...

In this paper we empirically investigate the relationship between capital flows and exchange rates in India based on a new index of real effective exchange rates for the Indian Rupiah. Instead of using consumer price indices we deflate exchange rates by MSCI asset price indices. The...

This paper examines the effect of past dividend policy, leverage and profitability on the probability of increase in future value of the firm (in terms of market to book value ratio (MBVR)) for an emerging economy, India. It uses fixed effect logit model to predict the probability of increase in...

This paper attempts to identify the factors explaining IPO underpricing in an emerging economy, India, using 1842 companies that got listed on the Bombay Stock Exchange (BSE) from 1993 to 2001. Unlike the existing works that analysed the relation of ex-ante risk proxies and underpricing, this...