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Pension reforms in India: unresolved issues and policy choices
(2003-10-20)
Ageing populations with increased life
expectancy, low mortality rates, and
decreasing and volatile returns in financial
markets have made old age financial security difficult.
Developing countries like India, in fact, ...
Withdrawal of investment allowance: do companies have to pay more?
(1990-09-27)
While every union budget has its share of buildups and
letdowns, this year's budget has been received with
subdued reactions mainly because during the buildup
to the budget, the governn1ent kept throwing dark hints
about ...
Expansion of IIMs: myths, realities, and policy choices
(2006-10-29)
This article suggests a roadmap for IIM Ahmedabad to increase
its student intake substantially within all available resources
offered by its flagship programme, i e, the postgraduate
programme in management. A broadly ...
Retail investor : a lost species
(2010-10-12)
The Finance Ministry SEBI, capital market reformists, seminar/conference speakers, media commentators- all are looking for the retail investor to come back to the market. He is badly needed because he is the major (rather ...
Fiscal implications of price level changes and investment decisions
(1979-04-29)
This paper explores the effect of inflation on the real value of shareholders equity, given current depreciation policy with respect to corporate income taxes.
Depreciation and replacement cost
(1979-04-29)
The sharp rise in prices in recent years has stirred up a
brisk clebate on the meaning and measurement of business
income. In computing income, costs of labour
and material are generally reflected in current prices, ...
Option trading: a primer and proposal
(1992-10-01)
Research by one of the Nobel Laureates in economics, Dr.Kenneth arrow has shown that resources within a nation can be allocated better if a greater variety of contingent claims on assets is available than that provided by ...
Inflation accounting: some recent developments
(1979-05-26)
This paper seeks to examine and review critically the various stages in the development of the
concepts and practices of accounting for changing prices. It concludes with a case study of the manage-
riial uses, by an ...