In this paper, we study the relevance of stock options open interest in conveying information about the future price movements in the underlying stocks. This investigation has been carried out by using daily closing data of 26 stocks in the National Stock Exchange (NSE) derivatives segment for...

In the October 2004 term of the Supreme Court, two federal Indian law cases were decided. In Cherokee Nation v. Leavitt, the Court decided that the federal contracting legislation and regulations required that the federal government honor its contractual obligations when the contractor had...

A new options-pricing formula applies to far-out-of-the money put options on the overall stock market when disaster risk is the dominant force, the size distribution of disasters follows a power law, and the economy has a representative agent with Epstein-Zin utility. In the applicable region,...

SMEs have a key role of building a creative and progressive nation. The industrial engines of Japan, China, US, Germany and Taiwan are also driven by the SME sector. Finance/credit is the most critical component in any business process. Any industrial sector cannot work to its full capacity...

The complexity in the productive structure of an economy may be measured by the nature and extent of association between the sales and the purchase profiles captured by its input-output table. In this paper we estimate the change in complexity in productive structure of the Indian economy during...