Showing 1 - 10 of 46
We postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is...
Persistent link: https://www.econbiz.de/10005125920
The main objective of this paper is to study the relationship between external public debt and equilibrium real exchange rate in developing countries. Using a extension of Obstfeld & Rogoff (1995) model we show that debt overhang tend to appreciate real exchange rate in the long run (Krugman...
Persistent link: https://www.econbiz.de/10005126240
The windfall acquisition of precious metals from American mines and the military revolution of the Early Modern age allowed the Spanish monarchs to command large amounts of credit andpursue an expansive imperial policy unlike that of any other Early Modern nation; when the costof the Empire...
Persistent link: https://www.econbiz.de/10005556873
This paper examines the two-way relationship between birth interval and child survival and compares the behaviour of households in the Indian and Pakistani provinces of Punjab. Birth interval and child survival are modelled here as correlated hazard processes, allowing for mother- specific...
Persistent link: https://www.econbiz.de/10005076550
theoretically consistent manner, this paper presents evidence on the effects of economic liberalization of 1991 in India. Two robust …
Persistent link: https://www.econbiz.de/10005124859
This paper analyzes patterns of foreign direct investment in India. We investigate how labor conflict, credit … decisions and labor unrest simultaneously. Results indicate that labor unrest is endogenous across the states of India, and has …
Persistent link: https://www.econbiz.de/10005124865
Persistent link: https://www.econbiz.de/10005125608
for observed ‡uctuations in macro economic aggregates in India. We find that exogenous fl‡uctuations in productivity can …
Persistent link: https://www.econbiz.de/10005126360
This paper examines the effect of ownership structure on the firm performance for an unbalanced panel of 2478 Indian corporate firms from 1994 to 2000. We examine the effect of interactions between corporate, foreign, institutional, and managerial ownership on firm performance. Using panel data...
Persistent link: https://www.econbiz.de/10005134786
The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in … India have grown from $3.85 million in 2000 to $7.89 million in 2001.These developments together with the recent steps taken … by government to promote venture capitalism in India provide an opportunity for an examination of venture capital …
Persistent link: https://www.econbiz.de/10005134795