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Now showing items 1-10 of 38
Self employment and human capital
(Indian Journal of Labour Economics, 2008-11-10)
The structure of production in the process of economic development embodies a shift from self-employment to wage work. This paper develops a simple labour allocation framework to explain this. The extent of human capital ...
Food subsidy: concept, rationale, implementation design and policy reforms
(Economic & Political Weekly, 2014)
This paper counters negative advocacy about the food subsidy, the public distribution system, and farm price supports. It argues that the public food supply chain for market intervention has a favourable impact on the ...
Gold monetisation scheme for India
(Economic & Political Weekly, 2015)
Currently India is the largest consumer and importer of gold in the world. Monetising the gold within the country is, therefore, important for macroeconomic stability, and requires a credible scheme for valuing, storing, ...
Financial markets, human resource policies, and flexibility
(2002-10-18)
Financial systems that are bank-based such as in Germany and Japan employ an internal
strategy of managing human resources via job ladders and screening whereas in market-based
systems such as in the UK and the US an ...
IIMS-I Markets and equity in education
(2003-10-21)
The traditional market failure approach does not identify the
distinctive characteristics of higher education institutions
sufficiently as it does not focus on their organisational
architecture. Without this frame of ...
Contractual arrangements in academia - implications for performance
(2004-10-21)
The politicisation of higher education, corruption in faculty hiring and enrolment, and
student political unrest are being addressed to a certain extent currently. Much less attention
has been paid to the recruitment ...
The big picture: macro economics of outlays and outcomes
(2005-10-25)
The Fiscal Responsibility Act has been bypassed in the budget with
a failure to achieve the fiscal deficit target and by a reduction in
the share of capital expenditures. Special purpose vehicles and
public-private ...
Wage disparity and human capital accumulation
(2004-10-25)
When the acquisitions of skills and technological change have mutually reinforcing effects the wage gap between skilled and unskilled workers increases. The cost of education is a deterrent to investment in skills that can ...
Life cycle concerns: ineffectively addressed
(2003-10-20)
The lifetime concerns of individuals, though a key focus of the
Budget for 2003-04, are nevertheless addressed in such a way
that human capital – the engine of growth – will not be
accumulated in an equitable or efficient ...
A leap in the dark: the fiscal-monetary nexus
(2005-10-25)
The orientation of fiscal policy should be on fiscal correction and
long-term issues. Aggregate demand management is then the
exclusive domain of monetary policy which by initiating a softer
interest rate regime can ...