Showing 1 - 10 of 69
a fund’s portfolio through additional leverage and hedging. First-best spending should be a share of total wealth, and … any unhedged volatility must be managed by precautionary savings. If oil prices are pro-cyclical, oil should be extracted …
Persistent link: https://www.econbiz.de/10010938008
Hamilton identifies 1973 to 1996 as “the age of OPEC” and 1997 to the present as “a new industrial age.” During 1974-1996 growth in non-OPEC oil production Granger causes growth in OPEC oil production. OPEC oil production decreases significantly with positive shocks to non-OPEC oil...
Persistent link: https://www.econbiz.de/10011031846
region is by far the most important investor from the developing world. We develop an analytical interpretation of the … challenge for the rest of the world is to accommodate these FDI flows, as part of the global reorientation of economic activity …
Persistent link: https://www.econbiz.de/10009643255
India has a federal system of governance with both the state or provincial and the Central governments responsible for … variations in economic conditions in turn. It is in this context, this paper examines whether governments in India within a … indicate that Government in India within a federal framework has mechanisms that foster development equitably across its states …
Persistent link: https://www.econbiz.de/10004980468
Derived from livelihoods surveys and ethnographic material about people living on the chars, or river islands, in deltaic lower Bengal, this paper illustrates the complex, diverse and ingenious ways that the poor manage money. These islands constitute some of the most vulnerable locations...
Persistent link: https://www.econbiz.de/10011201578
such volatility for India. It provides results on the determinants of inflation volatility and expected inflation …This paper amends the New Keynesian Phillips curve model to include inflation volatility and tests the determinants of … volatility for OLS and ARDL (1,1) models and for change in inflation volatility and change in expected inflation volatility using …
Persistent link: https://www.econbiz.de/10011201603
decisions of households, and regional and ethnic factors on patterns of household level fertility in India. These have helped … determine the composition of India's young (aged 9 to 34) today. Demographic transition is well underway in India with rising … across various groups in India. …
Persistent link: https://www.econbiz.de/10010762616
India suffered humiliations in terms of balance of payments crises in 1991 but since then it has weathered all crises …, which have hit the world economies despite the fact that subsequent periods have seen even larger current account and fiscal … deficits. It is in this context that an analysis of fiscal and debt problems of India is timely and assumes importance. The …
Persistent link: https://www.econbiz.de/10010762617
This paper underscores the substantial spatial disparities across India and evaluates the case for putting together … predictability needed to ensure that India's state driven growth blossoms and attains full fruition. …
Persistent link: https://www.econbiz.de/10010762618
This paper examines the impact of liberalisation reform on export performance of India. The empirical analysis involves … that manufacturing and merchandise export demand are mainly determined by world demand, while manufacturing export supply …; however, overall liberalisations reforms seem to have positive impact in India’s manufacturing export performance but this is …
Persistent link: https://www.econbiz.de/10010762621