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We suggest the use of an Internet job-search indicator (the Google Index, GI) as the best leading indicator to predict … the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our … in comparison with the Survey of Professional Forecasters. -- Google Econometrics ; Forecast Comparison ; Keyword Search …
Persistent link: https://www.econbiz.de/10008702857
The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performance of the existing Public Distribution System (PDS), and current state of banking infrastructure,...
Persistent link: https://www.econbiz.de/10011708293
In-kind transfers can provide insurance benefits when prices of consumption goods vary, as is common in developing countries. We develop a model demonstrating that in-kind transfers are welfare improving to beneficiaries relative to cash if the covariance between the marginal utility of income...
Persistent link: https://www.econbiz.de/10013331080
This paper presents a forecasting exercise that assesses the predictive potential of a daily price index based on …
Persistent link: https://www.econbiz.de/10011883796
Persistent link: https://www.econbiz.de/10013545821
The public distribution system (PDS) has been one of the main policy instruments of the Government of India (GoI) to provide food security to the people of this country, especially the vulnerable ones. The recently enacted National Food Security Act (NFSA), 2013, also relies heavily on it to...
Persistent link: https://www.econbiz.de/10010472572
India's economic standing and its policy landscape have come a long way since the 1943 Bengal famine. History saw buffer stocking of food grains as a famine-combating tool. Today, apart from serving as an effective hedge in times of famines, such grain stocks are a conduit deployed by the...
Persistent link: https://www.econbiz.de/10010404643
The National Food Security Act (NFSA) 2013 combines and expands the scope of some existing food-based welfare schemes. It will be distributing raw rations, meal(s) and/or cash. Approximately 81.35 crore persons or 16.57 crore households are to benefit under the targeted public distribution...
Persistent link: https://www.econbiz.de/10010499477
Food security is defined as economic access to food along with food production and food availability. Agriculture in the SAR (South Asian Region) is caught in a low equilibrium trap with low productivity of staples, supply shortfalls, high prices, low returns to farmers and area diversification...
Persistent link: https://www.econbiz.de/10003878383
real economy is state-dependent and financial indicators may turn out to be useful particularly in forecasting "tail …
Persistent link: https://www.econbiz.de/10010339756