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Ramachandran, M.
- The Behaviour of Income Velocity of Money in India : Institutional, Structural and Socio-Demographic Determinants
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Authors
Affiliations
1 Department of Economics, University of Mumbai, Mumbai-400 098, IN
1 Department of Economics, University of Mumbai, Mumbai-400 098, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 40, No 1 (1998), Pagination: 35-48Abstract
The income velocity of money measured as the ratio of GDP at current market prices to money stocks - M1 and M3 - is found to display the characteristics of random walk during 1950-51 to 1992-93. Accordingly, effort has been directed towards searching for an appropriate functional specification for velocity, which accounts for influence of institutional structural and Socio-demographic changes presumed to affect the velocity behaviour. The empirical results derived from alternative specification of velocity equations reveal that failing to take the cognisance of institutional, structural and Socio-demographic variables may produce an upward biased income elasticity of demand for money. Hence, this study arrived at the conclusion that the virtual decline in velocity when real income rises may be taken to suffer from the errors of ignored variables which act as potential shifters of demand for money.
- Distributional Effects and Consistency of Divisia Monetary Aggregates in the Indian Case
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 36, No 4 (1994), Pagination: 367-381Abstract
This study investigates the significance of dispersion between the growth rate of some weakly separable monetary asset groups and that of their corresponding monetary aggregates, arising out of non linearity in aggregation. As the aggregates are derived from the Divisia quantity index number the relevant dispersion measures used in the analysis are their second moments. The empirical evidence show that the commonly employed statistical tests - the Granger causality test and the information content test in which both the aggregates and their corresponding dispersion measures appear as arguments, do not require the incorporation of the latter, implying that there is no distributional effect of component assets on the macro behaviour of the aggregates under consideration. Hence, this evidence is attributed to the fact that the Divisia index can track even a non-homogeneous aggregator function and remains appropriate even for changing taste and technology of consumer preference over time.- Dynamics of Inflation and Fiscal Dificits:Implications for Inflation Targeting
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Authors
Affiliations
1 Madras School of Economics, Gandhi Mandapam Road, Chennai-600025, IN
1 Madras School of Economics, Gandhi Mandapam Road, Chennai-600025, IN
Source
Journal of Indian School of Political Economy, Vol 13, No 3 (2001), Pagination: 429-441Abstract
The government expenditure is found to adjust more rapidly than revenue to a given change in the price level and thus, giving room for procyclical fiscal deficit to emerge.- On Sterilising Capital Inflows - The Indian Experience
Abstract Views :303 |
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Authors
Affiliations
1 Department of Economics, University of Hyderabad, Hyderabad, IN
2 Madras School of Economics, Chennai, IN
1 Department of Economics, University of Hyderabad, Hyderabad, IN
2 Madras School of Economics, Chennai, IN
Source
Journal of Indian School of Political Economy, Vol 14, No 2 (2002), Pagination: 221-234Abstract
This study examines the extent to which the Reserve Bank of India has sterilised its intervention in the foreign exchange market. We have estimated a monetary policy reaction function and inferred that the sterilisation of official intervention in the foreign exchange market is partial for the sample period 1975-76 to 2000-01. The evidence for a sub sample spanning April 1994 to July 2001, describing the period of market based exchange rate regime, indicates that the sterilisation is more active. However, the positive trend in exchange rate and continuous accumulation of foreign exchange reserve have led us to conclude that the RBI's direct intervention in the foreign exchange market has been mainly for the purpose of building up reserves apart from stabilising the exchange rate. This suggests that if the RBI's direct intervention in the foreign exchange market has the twin objectives of stabilising exchange rate and building comfortable foreign exchange reserves then the exchange rate stability must be supplemented by indirect monetary policy measures.- Intuitionistic Fuzzy Nano Topological Space: Theory and Applications
Abstract Views :1009 |
PDF Views:557
Authors
Affiliations
1 Department of Mathematics, Govt. Arts and Science College, Komarapalayam, Erode, IN
2 Department of Mathematics, SVS College of Engineering, Coimbatore, IN
1 Department of Mathematics, Govt. Arts and Science College, Komarapalayam, Erode, IN
2 Department of Mathematics, SVS College of Engineering, Coimbatore, IN
Source
ScieXplore: International Journal of Research in Science, Vol 4, No 1 (2017), Pagination: 1-6Abstract
We introduce the notion of intuitionistic fuzzy nano topological space, its properties and results. The topological characterizations of intuitionistic fuzzy nano continuous functions are derived, and the weak forms of intuitionistic fuzzy nano-open sets are obtained. The intuitionistic fuzzy Nano Upper approximation space in real life application is discussed.Keywords
Intuitionistic Fuzzy Nano Forms of Weakly Open Sets, Intuitionistic Fuzzy Nano Topological Space, Multi Criterion Decision Making.Full Text
References
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- Optimization of Material Removal Rate and Surface Roughness for Wire Electric Discharge Machining of AA7075 Composites Using Grey Relational Analysis
Abstract Views :444 |
PDF Views:187
Authors
Affiliations
1 Dept. of Aeronautical Engg., Noorul Islam University, Kanyakumari, IN
2 Dept. of Automobile Engg., Noorul Islam University, Kanyakumari, IN
3 Dept. of Mech. Engg., MPSTME, SVKM’S NMIMS, Dhule, Maharashtra, IN
1 Dept. of Aeronautical Engg., Noorul Islam University, Kanyakumari, IN
2 Dept. of Automobile Engg., Noorul Islam University, Kanyakumari, IN
3 Dept. of Mech. Engg., MPSTME, SVKM’S NMIMS, Dhule, Maharashtra, IN
Source
International Journal of Vehicle Structures and Systems, Vol 9, No 5 (2017), Pagination: 309-312Abstract
In automobile industries, usage of unconventional machining is increased due to their precision and accuracy. This research work is planned to upgrade the Wire Electric Discharge Machining (WEDM) process parameters by considering the impact of discharge current, pulse on time, pulse off time and servo speed rate. Tests have been led with these parameters for the measurement of metal removal rate and surface roughness for each of the trial run. This information has been used to fit a quadratic numerical model. Predicted information has been used as a graphical representation for demonstrating the impact of the parameters on chose reactions. Predicted information given by the models has been utilized as a part of an ideal parametric mix to accomplish the unrealistic yield of the procedure. Response surface method with grey relational analysis has been utilized for enhancement. The ideal value has been checked to the predicted value from the confirmation tests.Keywords
Wire Electric Discharge Machining, Response Surface Methodology, Surface Roughness, Metal Matrix Composites.Full Text