This paper proposes a composite indicator designed to summarise in a single statistic a variety of different facets of macroeconomic performance and assesses relative performances of countries with respect to six macroeconomic variables, viz., the growth rate of real GDP, real per capita GDP,...

This study explores stock market efficiency in India after allowing for potential structural changes induced by reforms processes and/or external shocks. Failing to consider the effect of structural breaks while testing the efficient market hypothesis (EMH) could result in the flawed acceptance...

In this paper we try to fill the void in availability of comprehensive and yet all inclusive indicators for judging relative country performances on the economic front. Forward looking monthly economic indicators like, even the Purchasing Managers Indices (PMIs), estimated either officially by...

In a world with high international capital mobility and a well developed financial system, official sources of liquidity have come to interact with private ones and exacerbate them in various ways. Global cross-border credit, a measure which goes beyond liquidity provided by central banks to...

This study investigates the weak-form efficiency of both pre-pandemic and pandemic year crypto prices in INR terms, using random walk testing procedures which are robust to external shock-induced structural breaks in the time series, due both to an abrupt transitory shock and to a gradual shift...

This paper proposes a composite indicator designed to summarise in a single statistic a variety of different facets of macroeconomic performance and assesses relative performances of countries with respect to six macroeconomic variables, viz., the growth rate of real GDP, real per capita GDP,...

The paper estimates an earnings frontier by the method of Corrected Ordinary Least Squares (COLS) and categorizes households as efficient or inefficient based on some benchmark efficiency score and the estimated frontier. The spatial distribution of the poor and non poor households is then...