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Now showing items 1-10 of 15
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 ...
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 ...
A primer on required tax policy
(2002-10-18)
In the last two years there has been a decline in the tax/GDP ratio but this year the finance minister intends to reverse that mainly through mopping up more corporation and income and service taxes and an improvement in ...
Budget 2004-05: sharper instruments and objectives
(2004-10-25)
This is after all a coalition budget and so unless the finance
minister is strong and has strategic dominance over the coalition,
large debt and deficits are inevitable. However even within those
constraints, there ...