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 …

Distributed ledger technology in payments, clearing, and settlement

Author – David Mills – Kathy Wang – Brendan Malone – Anjana Ravi – Jeff Marquardt – Clinton Chen – Anton Badev – Timothy Brezinski – Linda Fahy – Kimberley Liao – Vanessa Kargenian – Max Ellithorpe – Wendy Ng – Maria Baird Overview Digital innovations in finance, loosely known as fintech, have garnered a Read More …

Liquidity and Profitability Trade-off: A Study of Indian Pharmaceutical Companies

Author Ashok Kumar Panigrahi Namita Raul Chaitrali Gijare Abstract Liquidity plays a vital role in the successful functioning of every business. The important part in managing working capital is maintaining liquidity on a day-to-day basis to ensure the smooth running of the organisation and to meet its obligations. Hence, it is very important to keep Read More …

From Preparation to Implementation: A Training Programme on Gender Sensitization and Sexual Harassment at a PSU in India

Author – Deepak Sharma – Chandra Prakash Purohit Abstract This paper is based upon a training session conducted on Gender Sensitization and Prevention of Sexual Harassment in India’s flagship national oil company. The Vishaka Guidelines as well as The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 have made it mandatory Read More …

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 …

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 …