Showing 1 - 10 of 693
India. Academic research is conceptualised as a research production process where research inputs (like research time and …. Our results clearly identify several drivers of academic research and patenting in India, in terms of faculty background … India. In particular, we argue that putting in place institutional structures will not serve the purpose without addressing …
Persistent link: https://www.econbiz.de/10011807653
This paper conducts an empirical analysis of the heterogeneity of recessions in monthly U.S. coincident and leading indicator variables. Univariate Markovswitching models indicate that it is appropriate to allow for two distinct recession regimes, corresponding with 'mild' and 'severe'...
Persistent link: https://www.econbiz.de/10010500207
We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross-National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. Conventional thinking about the glass ceiling highlights the belief that the...
Persistent link: https://www.econbiz.de/10010274504
We examine the upward labor income mobility of men and women in Germany using the GSOEP Cross National Equivalent File. Women have greater overall income mobility. However, utilizing a measure of upward income mobility and calculating the posterior probability that men's upward income mobility...
Persistent link: https://www.econbiz.de/10010318334
Correlations of inflation with the growth rate of money increase when data are averaged over longer time periods …. Correlations of inflation with the growth of money also are higher when high-inflation as well as low-inflation countries are … included in the analysis. We show that serial correlation in the underlying inflation rate ties these two observations together …
Persistent link: https://www.econbiz.de/10010292328
This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker's disinflation (1979-1982). My … the behavior of inflation expectations-agents expected shocks to persist in the pre-Volcker period, but not in the post …
Persistent link: https://www.econbiz.de/10010293489
influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial … the short-term interest rate has an important influence on the swap yields. This implies that the Reserve Bank of India …
Persistent link: https://www.econbiz.de/10014474477
The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key … macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines …
Persistent link: https://www.econbiz.de/10011807631
This study analyses India's inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we … need three variables: (1) inflation (2) the output gap and (3) the real effective exchange rate. In India, the incorrect … composite consumer price index (CCPI) was the best measure of inflation, and should be used to construct the real effective …
Persistent link: https://www.econbiz.de/10011807665
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441