Bank Recapitalisation: Bail-out or Bail-in

Author Sashi Sivramkrishna Abstract Using sectoral T-accounts, this paper analyzes the implications of bank bail-outs and bank bail-ins. Contrary to popular opinion, bank bail-outs do not utilize taxpayers’ money. Moreover, bank bail-outs funded through recapitalization bonds or deficit financing and bail-ins have similar net effects on sectoral balance sheets. There are, however, questions of moral Read More …

Potential GDP Growth for China and India: What Growth Rate is Sustainable

Author Paul Kutasovic New York Institute Of Technology Abstract In this manuscript, we determine the sources of historic growth for the economies of India and China. Next, we estimate potential GDP growth for each country. The study concludes that India is more favorably positioned for long-term growth than China with a higher steady state growth Read More …

A Survey of Systemic Risk Analytics

Author Dimitrios Bisias, Mark Flood, Andrew W. Lo Stavros Valavanis Abstract We provide a survey of 31 quantitative measures of systemic risk in the economics and finance literature, chosen to span key themes and issues in systemic risk measurement and management. We motivate these measures from the supervisory, research, and data perspectives in the main Read More …

The Negative Effects of Social Capital in Organizations: A Review and Extension

Author Gurumurthy Kalyanaram Abstract Numerous studies have examined the positive effects of social capital in organizations, whereas the possible negative effects have attracted considerably less scholarly attention. To rectify this imbalance, this paper first undertakes a rigorous review of the published scholarly empirical evidence pertaining to the negative effects of social capital in organizations through Read More …

Understanding relationships between customers and rural retail outlets

Authors Anita Basalingappa M. S. Subhas Abstract Marketing literature has confirmed the importance of managing customer relationships, the importance of use of technology in managing relationships and qualities of successful marketing relationships (Williams, 2012). To be able to extrapolate these concepts to rural retail, it is important to understand the context underlying relationships in a Read More …