| Description |
1 online resource (xxiv, 662 pages) |
| Series |
India Studies in Business and Economics |
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India studies in business and economics.
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| Contents |
Indian Economics: Tragedy of a Forsaken Legacy -- Part I. Macroeconomics -- A New Keynesian AD-AS Model for India, Incorporating the Effect of Covid-19 Pandemic -- The Global Financial Crisis and Discontent in Macroeconomics: A Revisit by a Pedestrian Keynesian -- Fiscal Stimulus and the Ghost of Keynes: An Evolutionary Chronicle -- Assessing the Credibility of Inflation-Targeting Central Banks -- Monetary Policy Accommodation and Banking Risk: An Indian Perspective -- Understanding the Performance of Core Inflation in India -- Do Absorptive Capacities Matter for FPI-Growth Nexus? Evidence from Cross-Country Analysis -- Do Institutional Quality and Trade Openness Influence Economic Growth? An Empirical Evidence from India -- Corruption and Economic Growth: Empirical Evidence from BRICS Nations -- Changing Contours of Union-State Relations -- Disinvestment and Privatization of Central Public Sector Enterprises in India: Need and Progress -- Does FDI Induce Knowledge Spillovers? Evidence from Indian Pharmaceutical Industry -- India's Service Sector Exports: Trends, Challenges and Policy Road Map -- Revisiting Literature on Trade Facilitation (TF) in the Context of COVID-19 and South Asia -- Trade, Unemployment and Inequality in Product Variety Models--An Analytical Survey -- Trade Balance and Need of National Reserves in Face with Aging Population -- An Assessment of India's Current Account Sustainability and Adjustment: A Nonlinear Framework -- Current Account Balances and Non-financial Corporate Savings--A Cross-Country Perspective -- Evolution of Debt and Deficit in BRICS Countries: Covid-19 Shock and Post-Covid Prospects -- Are Bank Revenue Diversification Strategies Paying off for India? -- The Way to Finance Needed Infrastructure Investments in Asian by Inviting Private Investors -- Part II. Finance -- Do Developing Countries Still Suffer from the Foreign Exchange Constraint? An Empirical Study for 1990-2014 -- Estimation of Critical Level of Exchange Rate to Manage Corporate Default and NPAs -- Is There an End to the Currency Crisis in Turkey?: An Empirical Investigation -- Effects of Exchange Rate Fluctuations on Investment: Firm-Level Evidences from India -- Official Interventions in the Foreign Exchange Market: Implications for Exchange Rate and Its Volatility -- Determinants of Bitcoin Price: Evidence from Asymmetrical Analysis -- Financialization of Commodity Market in India: Implications for Intragroup Investing -- Long Memory and Correlation Structures of Select Stock Returns Using Novel Wavelet and Fractal Connectivity Networks -- Understanding the Impact of COVID-19 on Financial Markets: Animal Spirits or Black Swan? -- FII Trading Pressure and Stock Volatility in India -- Impact of US UMP on Indian Stock Market |
| Summary |
This festschrift volume presents discussions on contemporary issues in international economics and finance. It is aimed to serve as a reference material for researchers. There are two broad sections of the book -- International Macroeconomics and International Finance. The chapters in the International Macroeconomics section discuss critical topics like aggregate level macro model for India with a new Keynesian perspective, balance of payments, service sector exports, foreign exchange constraints for import demands, foreign direct investment and knowledge spill over, the relationship between forex rate fluctuation and investment, Institutional quality-trade openness-economic growth nexus, currency crises and debt-deficit relationship in the BRICS countries in the backdrop of COVID-19. Apart from these, various analytical issues related to macroeconomic policies are also covered in this section. The topics discussed includes the nature of forex market interventions, the issue of disinvestment and privatization, changing nature of fiscal policy, the inflation-growth nexus, macroeconomic simulation modelling, measuring core inflation, central bank credibility, monetary policy, inflation targeting, Infrastructure, trade, unemployment and inequality nexus. In the International Finance section, topics such as COVID-19 induced financial crisis, commodity futures volatility, stock market connectivity, volatility persistence, determinants of sovereign bond yields, FII and stock market volatility, cryptocurrency price formation, financialization of Indian commodity market, and a Keynesian view of the financial crisis are discussed. Overall, thirty two chapters in the volume discuss cutting edge research in the areas of the two sections. A tour de force... a lucid guide to some of the diverse and complex issues in International Macroeconomics and Finance. This collection of scholarly works is a fitting tribute to respected Prof. Bandi Kamaiah and his enviable academic contributions. - Prof. Y V Reddy, Former Governor, Reserve Bank of India This volume comprising thoughtful essays by our leading scholars on some of important policy issues that India is facing is indeed a rich tribute to Professor Bandi Kamaiah . This book will greatly benefit the academic community as well as our policy makers. - Prof. Vijay Kelkar, Chairman, 13th Finance Commission of India; Chairman, India Development Foundation, Mumbai, India Noted economists from India and abroad gather to apply the rigorous searchlight that Professor Bandi Kamaiah used so effectively in his career. Major current topics in macroeconomics and international finance are effectively explored in the volume. - Prof. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai, India; and Member, Monetary Policy Committee of Reserve Bank of India This volume of 32 papers in macroeconomics, international economics, and international finance is intended as a tribute to the eminent econometrician , Prof B Kamaiah. Post-graduate students and researchers will find much valuable literature in the volume, which is a fitting tribute to Prof Kamaiah. The editors and authors deserve rich compliments. - Prof. K L Krishna, Former Director, Delhi School of Economics, New Delhi, India I am so happy to hear that Dr. Kamaiah's colleagues and ex-students are bringing out a special volume of articles in his honor. Nothing can be more appropriate. Dr. Kamaiah, being a man of tremendous publications, deserves this tribute. I wish all the luck and success to the new book. - Prof. Kishore Kulkarni, Distinguished Professor of Economics, Metropolitan State University of Denver, USA |
| Notes |
Online resource; title from PDF title page (SpringerLink, viewed April 11, 2022) |
| Subject |
International economic relations.
|
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International economic relations
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| Genre/Form |
Festschriften.
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| Form |
Electronic book
|
| Author |
Kamaiah, B., honouree.
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Yoshino, Naoyuki
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Paramanik, Rajendra N
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Kumar, Anoop S
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| ISBN |
9789811670626 |
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9811670625 |
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