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Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].
Persistent link: https://www.econbiz.de/10010945264
A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test … for behavioral changes of banks over time. This model provides a framework to evaluate whether moral hazard issues may … plague banks receiving state aid, which concerns greatly the recent debate on government intervention in financial markets …
Persistent link: https://www.econbiz.de/10008594110
data on the religion and caste of bank officers and borrowers from a bank in India, and a rotation policy that induces …
Persistent link: https://www.econbiz.de/10010567989
This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the financial sector’s challenges that necessitate the amendment of the said law. The salient...
Persistent link: https://www.econbiz.de/10009392232
An increase in HIV infection has contributed to the problem of RTIs/STIs in India. This paper finds a high prevalence …
Persistent link: https://www.econbiz.de/10005487629
The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven model on its head. The attempt was to de-segment markets and remove asset and liability...
Persistent link: https://www.econbiz.de/10004993772
This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 …
Persistent link: https://www.econbiz.de/10009320271
Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field experiments to test the importance of price and non-price factors in the adoption of an...
Persistent link: https://www.econbiz.de/10009323952
The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The …
Persistent link: https://www.econbiz.de/10005528173
A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the various suggestions made at different fora for pre-empting the recurrence of such events, the Indian...
Persistent link: https://www.econbiz.de/10005487642