The Challenges in Forecasting: Illustration of US Presidential Election Preferences Gurumurthy Kalyanaram

In Economics and Public Policy, forecasting is an important activity and a tool for scholars and practitioners. Central banks, governments, institutions, firms, scholars, and practitioners have to routinely forecast Gross Domestic Product, employment/unemployment,number of jobs created or lost, demand for products, money supply, interest rates, currency rates and more. There are numerous sophisticated forecasting methods Read More …

Quality of judicial dispensation in India: are we ready to meet international expectations

Abstract The said article deals with the need for quick judicial dispensation in our country in order to match the expectations at International levels. Despite the diminutive size of the infrastructure, including the number of judges involved in the process and good efficient dispensation done by the existing Indian Judges, the fact remains that there Read More …

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 …

Transformational Leadership behaviours, Public Policy and Policy Actors: A Theoretical Perspective

Abstract Public policies are a medium through which governments solve problems of the people, society and nation. Public policies are universally used to promote the objectives of the state. They essentially originate from the political executive but can also be promoted by bureaucracy, judiciary and various interest groups. The process of how policies are made Read More …

Picturing How PMSBY and PMJJBY Matters

Abstract In 2015, the Government of India launched two term plans viz. Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) with the objectives to cover the vast uninsured population. Under the schemes, the insured get term insurance coverage up to INR 0.2 million subject to certain terms and conditions Read More …

Postal variables as Proxy for Economic Growth in the Colonial Period

Abstract The study attempts to add to the basic historical debates regarding economic development during the colonial period. It tries to use a new methodology to understand the level of economic growth between 1854 and 1914 and to draw a co-relation between the growth of postal services, a crucial service, and economic growth. It can 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 …