Studies in Microeconomics最新文献_第2页

Co-movement Between NIFTY Spot and Futures Indices: A Time–Frequency Analysis Using Wavelet NIFTY现货和期货指数的联合运动:小波的时频分析

Studies in Microeconomics Pub Date : 2023-10-12 DOI: 10.1177/23210222231194860

Rupinder Katoch, Shilpa Batra

{"title":"Co-movement Between NIFTY Spot and Futures Indices: A Time–Frequency Analysis Using Wavelet","authors":"Rupinder Katoch, Shilpa Batra","doi":"10.1177/23210222231194860","DOIUrl":"https://doi.org/10.1177/23210222231194860","url":null,"abstract":"Appreciation of the impact of spot and futures markets on each other and their respective function in price discovery is the central idea of this study’s microstructure design. The volatility spillover and co-movement between the NIFTY spot and futures indices during the period of 2011–2021 are investigated. Maximal overlap discrete wavelet transformation (MODWT)-based DCC GARCH and Diebold and Yilmaz (2012) models have been applied to understand the dynamic associations and spillovers between returns of NIFTY spot and futures indices. To uncover the time-varying vibrant communications among the markets at diverse scales, a wavelet coherence technique has been used. The study found that index prices have a strong and significant dynamic conditional correlation at all scales, and there is diffusion of news in the short as well as long terms. The study uses novel granular wavelet-based research models to decode time–frequency varying behavioural patterns of spot and futures stock indices of India. It highlights the relationships between variables of interest over a range of timescales and allows market participants to rapidly evaluate their investment horizons at varied frequency band scales when building portfolio choices. Therefore, the study offers added understanding to investors and risk managers. JEL Classifications: G11, G12, G13, G14","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135967904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

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Exploring the Renewable Energy Linkages for SSEBased Organizations in India: Benefits of Scaling Up ‘Atmanirbhar Bharat’ at Microsocieties 探索印度SSE组织的可再生能源联系：在微社会扩大“Atmanirbhar Bharat”的好处

Studies in Microeconomics Pub Date : 2023-09-06 DOI: 10.1177/23210222231179845

Tirthankar Nag, Boudhayan Ganguly

{"title":"Exploring the Renewable Energy Linkages for SSEBased Organizations in India: Benefits of Scaling Up ‘Atmanirbhar Bharat’ at Microsocieties","authors":"Tirthankar Nag, Boudhayan Ganguly","doi":"10.1177/23210222231179845","DOIUrl":"https://doi.org/10.1177/23210222231179845","url":null,"abstract":"The Indian government initiated the Atmanirbhar Bharat Abhiyan to make its citizens ‘atmanirbhar’, or self-reliant. We argue that self-reliance can be achieved through self-sufficiency at the societal level. Next, we review the extant literature on self-sufficiency and theorize its linkages with social and solidarity economy (SSE) in the context of electric power generation. The participatory and democratic nature of governance in decision-making processes is one of the main principles of the SSE sector. Variations in democratic governance and inclusive participation in SSE depend on SSE structure. Subsequently, we move into the focus areas of the article, where the purpose is to explore the linkages between the development of SSE initiatives and sustainable development goals focused on environmental protection and sustainable production and consumption. Scaling up and solarizing agricultural pump sets have been good initiatives at addressing issues around agriculture, water and electricity requirement. This study explores SSE initiatives that address these issues and explores scaling up and linking with institutions and policies at the macro level. The study presents empirical evidence of such initiatives in the renewable energy sector. This article is expected to contribute to the existing literature on SSEs and offer insights on how scaling up SSEs can help in sustainable rural development, which would lead to self-sufficiency and subsequently self-reliance at a societal level. JEL Classifications: D71, Q20, P48","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47207253","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impressionable Years and Trust in Institutions: Microeconomic Evidence from Argentina 易受影响的年份和对制度的信任:来自阿根廷的微观经济证据

Studies in Microeconomics Pub Date : 2023-08-30 DOI: 10.1177/23210222231189065

F. A. I. González, Horacio Simes

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Impact of Social Preferences, Trust and Behavioural Norms on Cooperation: Experimental Evidence from Prisoner’s Dilemma Game 社会偏好、信任和行为规范对合作的影响:来自囚徒困境博弈的实验证据

Studies in Microeconomics Pub Date : 2023-08-02 DOI: 10.1177/23210222231174755

Vivek Suneja, Debashree Das

{"title":"Impact of Social Preferences, Trust and Behavioural Norms on Cooperation: Experimental Evidence from Prisoner’s Dilemma Game","authors":"Vivek Suneja, Debashree Das","doi":"10.1177/23210222231174755","DOIUrl":"https://doi.org/10.1177/23210222231174755","url":null,"abstract":"The main objective of the study is to evaluate the impact of social preferences, trust and behavioural norms on strategic choices made by economic agents using the framework of a one-shot Prisoner’s Dilemma (PD) game. The standard neoclassical economics model predicts that all players will choose a strategy of non-cooperation, establishing it as the Nash equilibrium. We examine how social preferences and behavioural norms influence the player’s expectations from others and their own choices, by experimentally testing for the same using a 2 × 2 factorial design with the following three levels of partner selection arrangements: (i) game playing with stranger, (ii) face-to-face game playing with peer, and (iii) game playing with friend. The experimental results reveal significant deviations from the standard predictions of the one-shot PD game. The experimental data revealed that (i) players while interacting with a peer cooperated significantly more than playing with a stranger and (ii) players playing with a friend cooperated significantly more than playing with a peer. These changes in the social preferences of the players were further investigated in terms of trust/distrust and four behavioural norms—positive reciprocity, negative reciprocity, exploitation and altruism, and how these factors interact in influencing decision-making with respect to cooperation. JEL Codes: C72, C91, D01, D91","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42416248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Immunize Thy Children—Paving the Way for Their Success: Micro-level Evidence from India 让你的孩子免疫——为他们的成功铺平道路：来自印度的微观证据

Studies in Microeconomics Pub Date : 2023-07-26 DOI: 10.1177/23210222231176147

Poulami Chatterjee, Subhasis Dey

{"title":"Immunize Thy Children—Paving the Way for Their Success: Micro-level Evidence from India","authors":"Poulami Chatterjee, Subhasis Dey","doi":"10.1177/23210222231176147","DOIUrl":"https://doi.org/10.1177/23210222231176147","url":null,"abstract":"Childhood interventions like nutrition and immunizations have immediate as well as far-reaching impacts including potential labour market outcomes. However, there are insufficient studies on the association between immunization and children’s future cognitive abilities, which might directly impact labour market outcomes. Cross-sectional data cannot do justice to this programme evaluation as the children eligible for immunization are too young to be tested for any cognitive abilities. Using individual-level panel data from the Indian Human Development Survey (IHDS) round I (2004–2005, N = 3,208, age = 12–23 months with 50.6% male) and round II (2011–2012, N = 2,534, age = 96–107 months with 50.8% male), we are trying to assess the linkage between childhood care and child’s cognitive development. We also addressed the potential endogenous relation between parents’ decision for full immunization and kids’ cognitive achievement by using a quasi-experimental regression technique: propensity score matching. Our study finds a significant effect of childhood immunization on the cognitive development of grown-up children through better reading, writing and mathematics skills.","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41328537","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Social Support System and Old Age Vulnerability: An Investigation in India 社会支持系统与老年脆弱性:以印度为例

Studies in Microeconomics Pub Date : 2023-05-20 DOI: 10.1177/23210222231171495

D. Ghosh

引用次数: 0

In-house R&D, Importing Technology and R&D Tax Credit on the Productivity of Manufacturing Industry: Evidence from India 自主研发、引进技术和研发税收抵免对制造业生产率的影响:来自印度的证据

Studies in Microeconomics Pub Date : 2023-03-21 DOI: 10.1177/23210222231154056

Baiju Pallayil, Sunil Kumar Ambrammal, R. Ramachandran

{"title":"In-house R&D, Importing Technology and R&D Tax Credit on the Productivity of Manufacturing Industry: Evidence from India","authors":"Baiju Pallayil, Sunil Kumar Ambrammal, R. Ramachandran","doi":"10.1177/23210222231154056","DOIUrl":"https://doi.org/10.1177/23210222231154056","url":null,"abstract":"In-house R&D, importing technology and R&D tax credit play different roles in different economies. The role even may change among firms of various technological intensities. Therefore, this study investigates the impact of in-house R&D, importing technology and R&D tax credits on India’s manufacturing firms’ productivity according to their technological intensity. Our results show that R&D and technology imports have a significant and positive impact on productivity in all technologically intense industries. We have further estimated a substitute relationship between R&D and Importing Technology in high-tech, medium–high-tech and medium–low-tech industries. However, the complementarity relationship between R&D and importing technology appears more pronounced in low-tech industries. Further, the R&D tax credit policy positively impacts firm productivity in medium–high-tech, medium–low-tech and low-tech industries. In order to boost productivity, there need to be policies that support R&D, including R&D tax incentives for companies in all technologically intensive industries. JEL Classifications: C23, D24, O31, 032","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41484821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

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Food Demand and Its Differential Effects on Household Food Access in Nigeria 尼日利亚粮食需求及其对家庭粮食获取的差异影响

Studies in Microeconomics Pub Date : 2023-03-13 DOI: 10.1177/23210222221145656

Adesola Adebola Ikudayisi

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Rainfall Shocks, Health and Well-being in Rural Vietnam 降雨冲击、越南农村的健康和福祉

Studies in Microeconomics Pub Date : 2023-03-02 DOI: 10.1177/23210222221144873

Kien Le, My Nguyen

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Институциональные основы формирования стоимости современного бизнеса: категориальный аппарат исследования проблемного поля 现代企业成本形成的制度框架:问题领域研究的范畴

Studies in Microeconomics Pub Date : 2023-02-09 DOI: 10.33917/mic-1.108.2023.29-35

Татьяна Анатольевна Ерофеева

{"title":"Институциональные основы формирования стоимости современного бизнеса: категориальный аппарат исследования проблемного поля","authors":"Татьяна Анатольевна Ерофеева","doi":"10.33917/mic-1.108.2023.29-35","DOIUrl":"https://doi.org/10.33917/mic-1.108.2023.29-35","url":null,"abstract":"В статье представлены исследовательские алгоритмы изучения институциональных основ процесса формирования стоимости современного бизнеса. Авторский подход основан на исследовательской программе нобелевского лауреата Д. Норта. Основной акцент сделан на институциональном оформлении процесса формирования стоимости бизнеса. Автор приходит к выводам. Неточность и неопределенность категориального аппарата исследуемого проблемного поля связаны с институциональными моментами. Наполнение категорий «стоимость», «ценность» экономическим содержанием зависит от традиций того или иного языка, а также традиций перевода слов на русский язык. Многие различия в понимании категории «стоимость» связаны не с содержательными моментами, а зависят от принятых норм перевода и норм использования того или иного слова. Стоимость, как и любая другая категория экономической теории, представляет собой мысль-образ, сформировавшийся в определенных институциональных условиях.","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":"721 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74766711","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0