Foreign Currency Forecasts: A Combination Analysis

Abstract This paper uses a large variety of different models and examines the predictive performance of these exchange rate models by applying parametric and non-parametric techniques. For forecasting, we will choose that predictor with the smallest root mean square forecast error (RMSE). The results show that the better model is equation (34), but none of Read More …

Changing Dimensions of Laws on Economic Support to non-profit Voluntary Organizations from Land Grants, Donations and Dharmada to Corporate Social Responsibility

Introduction The contribution made by Non-Profit Voluntary Organizations (NPVOs) towards the cultural and socio- economic life of any country, is substantial. They (NPVOs) consist of charities, public trusts, temples, mathas, waqfs, churches, viharas, registered societies, cooperatives, non-profit companies and such other foundations and organizations involved in social services. The objectives promoted by them include better Read More …

Perspective-Taking for Policy-Making: An Analysis of Canadian Cross-border Shopping

Abstract Research plays an essential role in policy analysis and is a significant tool used to identify and prioritize alternatives for intervention. Yet public policy problems have a reputation for being complex because one problem (i.e. shopping behavior) can be viewed as part of a larger set of issues (i.e. trade policies, tax policy, border Read More …

The ornithology of macroeconomic policy India new monetary policy framework

The hawks have landed Hawks, doves and owls – some even speak of seagulls – but what have birds got to do with macroeconomics? At first, such ornithological labels seem an apt way of describing personalities of individuals.  Indeed, to an extent, they are. But there is something more significant in these ornithological tags that Read More …