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Titlebook: Opportunities and Challenges in Development; Essays for Sarmila B Simanti Bandyopadhyay,Mousumi Dutta Book 2019 Springer Nature Singapore P

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Theories of Expectations Including Rational Expectations and Their Uses in Different Versions of thenal expectations (RE) introduced by Robert Lucas (Jr.). The use of RE in macroeconomic models has changed radically many well-developed earlier results and policy prescriptions. The purpose of the present paper is twofold—first, to discuss the various theories of expectations, and secondly, to show
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Keynes, Working Hours, Lifestyles and the Environment: A Notee basis of an insightful discussion of the determinants of future economic growth, he predicted substantial improvement in living standards over the next hundred years. Those improvements, he claimed, would herald the end of the economic problem. One component of the higher quality of life would be
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A Study of Volatility of Five Major Stock Indices of Indian Stock Markety of stock indices at the sectoral level during a period covering the subprime crisis. Most of the previous studies on sectoral returns are related to diversification and optimum portfolio management. But it is also important to understand the characteristics of the volatility of the individual sect
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Uncertain R&D Outcomes and Cooperation in R&Dfor cooperative R&D and which factors are not. The paper provides the analysis under a unified framework. We take the classic paper by Marjit (Econ Lett 37:187–191, .) as the benchmark case and then proceed to examine whether, or to what extent, Marjit result will undergo a change with respect to di
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