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aftermath of the Southeast Asian crisis, the limitation of the liberal capital regime for a developing country like India is … often highlighted in the literature. However, the probable impact of introducing KAC on CAB in India generally is discussed … theoretically. Though some of the existing studies in India have earlier focused on this research question, they have done so by …
Persistent link: https://www.econbiz.de/10014194754
The purpose of this paper is to examine the progress in socioeconomic conditions across the major states of India by …
Persistent link: https://www.econbiz.de/10014154852
estimation of services sector GDP …
Persistent link: https://www.econbiz.de/10014187326
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...
Persistent link: https://www.econbiz.de/10012943787
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
The Black Scholes Model (BSM) is one of the most important concepts in modern financial theory both in terms of approach and applicability. The BSM is considered the standard model for valuing options; a model of price variation over time of financial instruments such as stocks that can, among...
Persistent link: https://www.econbiz.de/10011211858
The purpose of this paper is to investigate the volatility impacts of the suspension of a call auction system by the … National Stock Exchange of India (NSE) in June 1999, thus extending prior empirical work relating to this area. The realised … volatility on NSE is compared with that of the Bombay Stock Exchange using two volatility proxies: modulus of log returns and …
Persistent link: https://www.econbiz.de/10011211859
of bankruptcies. In this framework, we find that stock market volatility may damage the real economy if the stock market … is too relevant. In particular, an increase of volatility worsens the economic performance through the stock market …
Persistent link: https://www.econbiz.de/10011253063
This paper explores the influence of the foreign exchange rates variation on the returns and volatility of the stock … influenced not only the stock returns but also their volatility. However, between March 2010 and December 2012 the impact of the … exchange rates variation on the returns and volatility of the stock prices depended on the factors such as the foreign capitals …
Persistent link: https://www.econbiz.de/10011258604