Showing 1 - 10 of 63
This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend of profitability forced the banks to exhibit speculative behaviour during the asset price...
Persistent link: https://www.econbiz.de/10010550672
This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in the banking systems in East Asia are analyzed using the standard supervisory...
Persistent link: https://www.econbiz.de/10004981656
, now in its second year of operation, covers 2.2 million farmers and peasants who pay an annual premium of Rupees 60 ($1 …
Persistent link: https://www.econbiz.de/10005487812
The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was whether ‘small’ innovations would be valued by the stock market. [Working Paper No....
Persistent link: https://www.econbiz.de/10011133263
Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah to study the impact of permanent shocks to housing prices attributed to monetary variables and income growth - and, in the process, attempts...
Persistent link: https://www.econbiz.de/10009250170
Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech delivered at London Business School].
Persistent link: https://www.econbiz.de/10005000243
We examine the empirical phenomenon of co-movement of skill premium and share prices by appealing to the techniques of … cointegration. The US data (1984--2010) reveals that stock prices and skill premium are cointegrated indicating a long run … skill premium are found to be co-integrated in this panel data, too. We posit that the co-movement of skill premium and …
Persistent link: https://www.econbiz.de/10010945272
This report identifies some of the factors complicating the debate on role of the company in society. It focuses particularly on the changing models of ownership and differing time horizons and on how these have interacted in some ases to produce undesirable consequences.
Persistent link: https://www.econbiz.de/10009421314
Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, and of monetary policy institutions. The survey brings out the growing links between money and FX...
Persistent link: https://www.econbiz.de/10005077865
The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.
Persistent link: https://www.econbiz.de/10009319335