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In this paper, we take a critical look at the relationship between the value of capital stock in the Indian corporate sector and the valuation of claims to this capital stock in capital markets. We address the question of whether Indian equity valuations over the period 1991- 2008 are consistent...
Persistent link: https://www.econbiz.de/10012462594
The article is an entry prepared for the Oxford Companion to Economics in India edited by Kaushik Basu …
Persistent link: https://www.econbiz.de/10012466230
rich to poor countries. In this paper we consider a natural experiment: using China as the treated country and India as the …-child policy in China, the capital-labor (K/L) ratio of China increased relative to that of India, and, simultaneously, relative … FDI inflows into China vs. India declined. These observations are explained in the context of a simple neoclassical OLG …
Persistent link: https://www.econbiz.de/10012453458
We examine the term structure of interest rates in India to see if the yield curve can be rationalized based on the …
Persistent link: https://www.econbiz.de/10012456653