The paper presents the subject matter of macroeconomics and the developments that have taken place in macroeconomic theory and policy since the Keynesian theory of 1936. In particular, it highlights the problems in data measurement, describes the business cycles and the roles of stabilisation...

The paper discusses the extent and spread of economic fluctuations across selected countries during the Great Depression and the last over 40 years. Also, it analyses the possible causes of each major business cycle, the roles that the fiscal and monetary policies have played to counter them,...

This note raise many policy issues related to real estate and the urban sector. Urban issues and the very high cost of real estate in India have deep rooted problems that have their origin in the policy, law and working of government. The potential of high growth to deliver benefits to people...

This working paper confines its scope to performance of National Agricultural Insurance Scheme (NAIS). It examines the progress of NAIS in India and in one selected state, Gujarat. The two dimensions considered are coverage over time and across the states. It is further disaggregated for...

This working paper confines its scope to performance of National Agricultural Insurance Scheme (NAIS). It examines the progress of NAIS in India and in one selected state, Gujarat. The two dimensions considered are coverage over time and across the states. It is further disaggregated for...

Since material handling agents in a FMS are most efficient when moving in straight lines, a common layout of machines in a FMS is a single row layout. This allows a floor designer to model the problem of generating an optimal machine layout in a FMS as a single row facility layout problem...

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of this sector, the study develops a way of classifying them into two categories on the basis of...

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the firms have responded to these policy measures and the resultant changes in the business...

The single row facility layout is the NP-Hard problem of arranging facilities with given lengths on a line, so as to minimize the weighted sum of the distances between all pairs of facilities. Owing to the computational complexity of the problem, researchers have developed several heuristics to...

In this work we present a local search algorithm for the single row facility location problem. In contrast to other local search algorithms for the problem, our algorithm uses an exponential neighborhood structure. Our computations indicate that our local search algorithm generates solutions to...