Using the multivariate cointegration methodology, this article documents the evidence of long-run relationships between real stock price and measures of aggregate real activity including real GDP, real private consumption, real money and the real price of oil in the Australian market. Real stock...

Panel unit root tests show that intranational purchasing power parity (PPP) cannot be rejected across major cities in Australia over the period from 1972 to 1999. The persistence of deviations in response to shocks is low, as measured by the estimated exact half-life of 5 to 7 quarters. This is...

In line with the recent developments on the statistical analysis of functional data, we develop the semiparametric functional autoregressive (FAR) modeling approach to the density forecasting analysis of national inflation rates using sectoral inflation rates in the UK over the period January...

Using the Uttar Pradesh-Bihar Living-Standard Measurement Survey (1997) this paper examines the factors that have created a wedge in the grade completion levels of the male and the female children. Our study reveals that in the context of educational outcomes, the birth order of the child as...

This paper focuses on the violent crime scenario in India. India faces a high level of crime incidences every year which calls for appropriate policy measures to combat the high level of crime; given limited crime prevention resources, identifying and appropriate targeting of these resources is...

Black, Asian and Minority Ethnic (BAME) populations are at an increased risk of developing COVID-19 and consequentially more severe outcomes compared to White populations. The aim of this study was to quantify how much of the disproportionate disease burden can be attributed to deprivation. An...

We examine the impact of vaccination against Covid-19 for mental health. Our estimates suggest that vaccination leads to a significant and substantive improvement in the mental health of those most at risk of hospitalisation and death from Covid-19. Our proposed explanation is that in the...

The paper examines the temporal relationship between revenues and expenditures for the four southern states during 1980 to 2005. Using an error-correction model and Granger causality test, it finds that the tax-spend hypothesis is supported by the analsysis. The spend-tax hypothesis is valid for...

This paper examines the effects of age and tenure on job satisfaction. We estimate a generalized dynamic random effects ordered probit model using the British Household Panel Survey. Contrary to previous literature, we find that age has no significant impact on job satisfaction for females, and...