World hunger is prevalent yet receives relatively less attention compared to poverty. The MDGs have taken a step to address this with the resolution of halving the number of starving people in the world by 2015. A substantial and sustainable reduction in hunger will also greatly improve the...

We use the stochastic frontier approach to estimate the impact of firm characteristics on investment decisions of Indian firms during the 1997-2006 period. The use of the stochastic frontier approach allows us to define the (unobserved) optimum investment that is consistent with a firm's...

This paper formulates a dynamic macroeconomic model with banks and two uses of credit, viz. for fixed capital and for working capital. The model was simulated for the dynamic path of the endogenous variables. To see the role of policy in a bad state, government expenditure was increased financed...