Service sector in India has been growing at a rapid rate in recent years. Many view this as the service sector revolution, acting as an engine of economic growth of India. However, the sectoral transformation in the Indian economy has not been in tune with the structural transformation...

The Indian economy has been experiencing a major transformation since 1990's in the wake of unilateral economic reforms initiated since 1991 and the reorientation of the economy in accordance with the rules and regulations within the multilateral framework of GATT/WTO. Accordingly, the...

Monetary policy is considered to be an important tool in the hands of an apex financial institution of any country in directing economic resources to achieve its goal. However there has been increasing literature focusing on its efficacy. This paper is an attempt in addressing the continuing...

This paper examines the determinants of capital structure of large corporations of industrialized countries (excluding financial institutions and regulated utilities), using five years of data ending in 1992. The study employs variables reflecting differing theoretical arguments on capital...