Now showing items 1-10 of 25
Collusion in government and corruption
(Journal of Interdisciplinary Economics, 2009-11-10)
Politicians require bureaucrats to implement policies. Due to information asymmetry about who is to be considered a beneficiary of policy screening devices like red tape are used. This results in opportunism by individuals ...
Globalization's underbelly: capital flows and the Indian economy
(Economic and Political Weekly, 2008-11-10)
Recent capital flows to India have been predominantly portfolio flows and they have been associated with a deteriorating current account position. To induce foreign savings to finance current account deficits requires the ...
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
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
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 ...
Firms, nations and training
Contractual arrangements in academia - implications for performance
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
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
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 ...