The easing of controls on interest rates has led to higher interest rate volatility in India. Hence, there is a need to … assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …

time-varying risk. Some work by Abel provided us with the insights needed to produce such formulas. This paper gives a …

India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are …

This paper proposes an integrated and risk-based approach to the sequencing and coordination of reforms to develop … and risk-mitigation measures is proposed to minimize both macroeconomic and financial risks. Capital account opening can …. The paper also argues that domestic institutional investors are critical to market development and risk mitigation. …

The easing of controls on interest rates has led to higher interest rate volatility in India. Hence, there is a need to … assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …

volatility creates risks to service provision, possibly entailing sudden tax changes, or even requiring new borrowing. After … describing the risks associated with aging, the paper uses value at risk techniques to measure the value of the unanticipated … fiscal savings (reserves), and the impact alternate policy choices could have on revenue volatility …

This study characterizes volatility dynamics in external emerging bond markets and examines how prices and volatility … markets are found to a¤ect both conditional returns and volatility, with the e¤ects on volatility being more pronounced and … volatility dynamics in external emerging bond markets …