Reduced-form estimates of the Reserve Bank of India's (RBI) first-order condition indicate that its preferences have been asymmetric with respect to exchange-rate management, with the response to the rate of rupee appreciation being relatively larger than to the rate of rupee depreciation of the...

Purpose – The purpose of this paper was to examine the long-run causal relations between share price and dividend in the Indian market. Design/methodology/approach – Panel vector error correction model is estimated to examine the long-run causal relations between share price and dividend....

The currency equivalent (CE) monetary aggregates are interpreted as aggregation theoretic money stock measures by Rotemberg et al. (1995), Barnett (1991) and Kelly (2009) and are far more superior to simple sum aggregates as a policy variable. In this context, the components of four official...

Purpose – The purpose of this paper to develop a novel strategic approach to handle corrective maintenance procedure in the event of a breakdown/disruption of service. A proposal to minimize the recovery time and the breakdown cost in the system in construction plant is presented....

Purpose – The purpose of this paper is to develop a systematic strategic approach to handle corrective maintenance onto the failures/breakdowns of construction equipment. For the maintenance crew/team, a breakdown code management is proposed, which will provide focused and unambiguous approach...