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Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will be a cardinal mistake. While inflation policy does require judgment and intuition, it is...
Persistent link: https://www.econbiz.de/10009321466
The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The paper also presents the framework, policy options, and strategies that the Government of India has...
Persistent link: https://www.econbiz.de/10010549165
The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz., telecommunication equipment, computer hardware and semiconductor industries. The issues...
Persistent link: https://www.econbiz.de/10005487573
economics perspective, examining in particular the dichotomy between economic and social theory in explaining the nexus between …
Persistent link: https://www.econbiz.de/10010945422
A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that raises important issues related to the practice of statistics and that has been widely commented...
Persistent link: https://www.econbiz.de/10010945474
opportunity costs, reflecting economics and tradition). It then outlines promising approaches for increasing female education. The …
Persistent link: https://www.econbiz.de/10010945480
Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. This paper proposes a Ricardian model where both of these effects are present and analyzes the...
Persistent link: https://www.econbiz.de/10005341648
This paper evaluates the real-time performance of the growth rate of the DSE-ECRI Indian leading index for exports for predicting cyclical downturns and upturns in the growth rate of Indian exports. The index comprises the 36-country real effective exchange rate and leading indices of...
Persistent link: https://www.econbiz.de/10005341649
Policy makers, therefore, often encounter the following questions while formulating the social security schemes. What are the priority social security needs of unorganized workers? What existing mechanisms and strategies do they use to meet the social security needs? Do social security needs and...
Persistent link: https://www.econbiz.de/10005341656
economics. …
Persistent link: https://www.econbiz.de/10005341658