Application of k-Laplace transform to estimate the time value of money in quantitative finance

Author V. R. Lakshmi Gorty Abstract In this study, the fractional Laplace transforms is shown to be more useful to deduce existing value rules. Not many analytic solutions exist for present value problems; with k-Laplace transforms, some of the closed form solutions are efficient. The boundary of the integral is from 0 to some finite Read More …

Analysis of Work and Employment Conditions of Contractual teachers in India

Author Jayanti Kumari Abstract The employment and working conditions of teachers is the core of any search for quality education. The United Nations Millennium Development Goals, which aim to achieve universalisation of elementary education, has led to expansion of large scale low quality primary schools in India. Consequently, the contractual teachers were used as an Read More …

Nature of Relationship Between Inflation and Savings: Evidence from India

Author – Madhunika Iyer, under the Guidance of Dr. Shreya Biswas Abstract This paper investigates the importance of inflation in explaining the recent slowdown in savings in India using time series data for the period 1971-2015. Using Autoregressive Distributed Lag Co-integration technique, it was estimated that in the long-run, inflation has a negative impact on Read More …

The Emerging World Order of Digital Economy: Strategic Perspectives

Author – Bala Krishnamoorthy – Gayathri Sampath Introduction ‘Digital economy’ refers to an economy that is based on digital computing technologies¹. It encompasses a global network of economic and social activities that are enabled by information and communications technologies, such as the internet, mobile and sensor networks². However, the term ‘digital’ itself is not a Read More …