ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Price Risk of Central Government Securities in India

The study examines the determinants of price risk of the central government securities in India using their daily trading data comprising of 81,384 observations during the period 2011 to 2020. The study finds that the high coupon bonds witness a moderate rise in prices compared to lower coupon...

Regional Inequality in India in the 1990s

This note examines changes in regional inequality in India in the 1990s using data for 210 of India's districts, spread across nine states. The methodology is that of cross-section growth regressions, which seek to explain longer-run growth rates in terms of initial conditions of development. By identifying these connections, it seeks to illuminate the role of physical infrastructure, financial development, and human capital in infl uencing regional patterns of growth. In turn, this may have implications for government policies at the national and state levels.
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