economic theory suggests that income and inflation is positively related to money demand while rate of interest has an inverse relation with it. The autoregressive distributed lag model (ARDL) was applied and it confirmed the long run relation between the studied variables. The coefficients of income, rate of interest and inflation have statistically significant impact on money demand. All the three exploratory variables have expected sign as proposed by the economic theory. The causal
Why is inflation targeting favorable as a monetary policy to the Philippine government? Inflation is good for the Philippine economy because these cater business growth. The Central bank of the Philippines has been tasked by the government to watch over the price stability on the country’s economy. A law has been passed for attaining price stability as a worldwide goal of the central banks. Typical Filipino family standard basket consumption’s average price of goods is measured using the Consumer
Any introduction to Macroeconomics starts with JM Keynes. He professed in his book, “The General theory of Employment, Interests and Money” that the governments can play a big role in harnessing the production capacity and generation of employment. The Government formulates the macroeconomic policy with a view to generate employment, raise the living standard of people, counter the inflation, reduce the economic inequality and regulate the foreign exchange levels. These factors have a direct correlation
Among the various cornerstones of macroeconomic theory, one finds Inflation held at high helm of affairs. There is a vast literature spanning across centuries treating the subject matter and as usual with epochs the meaning and significance of the word “Inflation” seems to have changed. For many years the word Inflation was not a statement about prices rather a condition of paper money, which is a description about monetary policy. A testimony of it can be seen via these two quotes: Inflation is
your income. However, his analysis trended in a different direction more towards that of Irving Fisher that who found that savings were dynamic, that the allocation of savings was done over a lifetime of consumption. The Keynesian viewpoint led to a theory that the percentage that you saved rose when your income rose and fell when your income fell. Leading to what Modigliani terms "an absurd situation where rich countries save and poor countries dissave" a concept that evidently cannot last for ever
growth. According to them, there are many countries that don’t establish relation between inflation and growth. Also there has been ongoing debate European membership is beneficial for countries to be a part of EU or not. According to neoclassical theory, EU will have temporary effect on growth in its member countries before reaching steady level. Findings suggest that EU membership has positive effect on economic growth and it increases with time. Badinger (2008) showed that economic integration
Gordon Gekko during one of Gekko’s lectures about his new book, “Is Greed Good?” Jacob introduces himself to Gekko as Winnie’s fiancé and the two form a relationship based on their love for Winnie and the stock market. Gekko slowly reveals his theories regarding the downfall of Keller Zabel which entice Jacob to take action and avenge the death of the investment banking firm and his beloved mentor. Slowly, however, Gekko reveals his true colours and the very reason why Winnie preferred to remain
leaders failed, bonus of several million indexed formulas in which the calculation basis is the immediate gain on products sold for 10 years to customers. • The US authorities have drawn a very favorable environment for the emergence of a crisis monetary and financial abundance by the Fed, home ownership easier by the CRA regulations (Community Reinvestment Act) in 1977 reinforced in 1995 and 2002. Monica et al. (2010) investigate several aspects regarding the causes that led to the emergence of
dynamic system for tracking the health and conduct of borrowal accounts to capture the signals of early warning. Timely decision should be taken on the future course of action in the borrowal accounts depending upon PMS rank. Stock Audit Bank has a policy to conduct annual stock audit (including book debts) for all accounts with fund based working capital limits of Rs.5 crore and above whether standard or NPAs. Annual Stock Audit is compulsorily conducted in all accounts with risk rating ‘B’ & below
Internship Report on “MARKETING STRATEGY AT KARVY TO INCREASE DEMAT ACCOUNT: A STUDY CONDUCTED AT KARVY STOCK BROKING LIMITED” BY SHREEDEVI MASOTE USN: 1RG13MBA16 SUB-CODE:12MBA47 Submitted to VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELGAUM In partial fulfillment of the requirements for the award of degree of MASTER OF BUSINESS ADMINASTRATION Under the guidance of INTERNAL GUIDE EXTERNAL GUIDE Mr. PRASANNA HN Mr.NATESH K DEPARTEMET OF MBA CLUSTER HEAD OF RGIT, BANGALOR KARVY