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Alternative Economic Indicators
Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.
New Advances in Behavioural Finance
This volume explores some of the latest advances in the field of behavioural finance, one of the most dynamic areas in financial economics today. The book shows how, through its use of insights from psychology to better understand the decisions made by investors and corporate managers, behavioural finance has shed new light on several financial puzzles.
Impact of Artificial Intelligence on Society
The book presents a comprehensive and interdisciplinary exploration of the impact of AI on various sectors of society to foster a greater understanding of the opportunities and challenges presented by this transformative technology. It explores the impact AI has had on varied sectors of society, including healthcare, education, the workplace, and the economy. It provides a holistic view of this fast-growing technology by critical study of the possible benefits and drawbacks linked with the application of AI in many industries. The book also examines the ethical, social, and economic implications of AI and the potential risks and challenges associated with its use. Focuses on the future influ...
The Eighteenth International Conference on Management Science and Engineering Management
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International Bibliography of Economics
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Essays on the Long- and Short-run Dynamics of Macro-variables in the Pacific Rim Countries
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Estimation and Determinants of Cost Efficiency: Evidence from Central Bank Operational Expenses
The finances of central banks is a topic of renewed interest: many central banks are posting significant losses due to the cost of monetary policy, over which central banks have no control. Conversely, operational expenses, over which the central banks have more control, is a subject of less attention. We use public income statement data from central banks to calculate a score for operational expense efficiency based on a stochastic frontier analysis. In addition, we offer potential explanations for the observed variations in efficiency levels across central banks. Our analysis reveals significant heterogeneity across countries and income groups. Central banks with a single objective demonst...
India’s Financial System
India has experienced a prolonged period of strong economic growth since it embarked on major structural reforms and economic liberalization in 1991, with real GDP growth averaging about 6.6 percent during 1991–2019. Millions have been lifted out of poverty. With a population of 1.4 billion and about 7 percent of the world economic output (in purchasing power parity terms), India is the third largest economy—after the US and China. As such, developments in India have significant global and regional implications, including via spillovers through international trade and global supply chains. At the same time, India’s economic development has not been linear and has been impacted by exter...
