This study tests the random walk hypothesis for the Indian stock market. Using 19 years of monthly data on six indices from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), this study applies three different unit root tests with two structural breaks to analyse the random...

The empirical VAR literature on identification and measurement of the impact of monetary policy shocks on the real side of the economy is fairly comprehensive for developed economies but very limited for emerging and transition economies. In this study, we propose an identification scheme, for a...

The contribution of this paper is both methodological and empirical. It proposes a methodology for evaluating the distributional implications of price movement for inequality and poverty measurement. The methodology is based on a distinction between inequalities in nominal expenditures, where...

This paper uses the recent approach of multidimensional deprivation measures to provide a comprehensive and wide ranging assessment of changes to living standards in India during the period, 1992/93-2004/5.This covers the reforms and the immediate post reforms time periods. The study is based on...

The contribution of this paper is both methodological and empirical. It proposes a methodology for evaluating the distributional implications of price movement for inequality and poverty measurement. The methodology is based on a distinction between inequalities in nominal expenditures, where...

This paper evaluates and compares multidimensional deprivation in India and China during the 1990s and beyond. The exercise is conducted on two micro data sets that have been tailor made for this study. It departs from the recent comparisons between India and China that are based on macro...

Individual fertility preference is influenced by observed social norms. The present paper estimates the effect of the observed fertility of peers on a woman’s fertility preference. We find that both neighbourhood peers and religious peers have a significant impact on individual fertility...

This paper extends the recent literature on spatial price differences within a country to provide evidence on the Australian experience during the past two decades. While much of the existing evidence on spatial price variation within a country relates to large heterogeneous countries such as...

This study examines the relationship between academic seniority and research productivity for a sample of academics at Australian law schools. To measure research productivity we use both publications in top law journals, variously defined, and citation metrics. A feature of the study is that we...

This paper analyzes how influence activities in the form of signal jamming affect the capital budgeting process of corporate organizations in Australia. First, the relationship between investment in the smallest division and its past performances is tested. The relationship is defined as...