A good insolvency and bankruptcy regime ensures the prompt and fair resolution of financial distress. This paper identifies the rationale for creating a cadre of insolvency professionals who can play an important role in ...

In India, the out-of-pocket health expenditure by households accounts for around 70 percent of the total expenditure on health. Large out-of-pocket payments may reduce consumption expenditure on other goods and services ...

The causal impact of algorithmic trading on market quality has been difficult to establish due to endogeneity bias. We address this problem by using the introduction of co-location, an exogenous event after which algorithmic ...

This paper uses extreme value theory to explicitly model the tail regions of the innovation distribution of the return series of S & P CNX Nifty, the prominent Indian equity index. We model each tail separately by fitting ...

Cities are engrossed with response strategies for the control of local pollution from transport sector. However, as the transport sector has been growing as major GHG contributor, and there is an increasing scope for ...

Climate change is a major challenge for agriculture, food security and rural livelihoods for billions of people including the poor in the Asia-Pacific region. Agriculture is the sector most vulnerable to climate change ...

This paper examines the consequences of alternative CO2 emission reduction strategies on economic development and, in particular, the implications for the poor by empirically implementing an economy-wide model for India ...

This study explores the factors determining the dependence of local people on protected area of forest based on household analysis of a Protected Area from Kerala. The findings confirm the hypothesis that alternative income ...

This paper examines how strategic managerial delegation affects firms' timing of adoption of a new technology under different modes of product market competition. It demonstrates that delegation has differential impacts ...