Author: Ashok Nag

Central Bank Cryptocurrency Currency

Central Bank CryptoCurrency (CBCC): Digital currency is currently in news.  Russia and China is reported to be on the verge of issuing official cryptocurrency.  CME, the world’s largest exchange, is planning to introduce future on Bitcoin by the end of this year.Here Here  In my last post I have explained why Bitcoin can be considered […]

Bitcoin- Comment on Aswath Damodaran’s Post

Prof Aswath Damodaran (AD, henceforth) is a well-known name in the field of corporate finance and valuation of financial products. It is unfortunate that despite his formidable reputation in valuation of financial products, his latest “Musing on market” is a complete let down (You can read complete post here). He starts the blog by classifying […]

Does Political Business Cycle exist in India?

(This is an extended abstract of my paper with the above title) See the full paper at https://drive.google.com/open?id=0BxuiyZbe5M6ncnNqVkdBN2RBR00 There exists a vast literature inquiring and modelling the nexus between politics and macroeconomic policy making. Mostly the western democracies have been the focus of empirical investigations on this subject, stirred by publication of the paper (Nordhaus1975) […]

You only live once, but if you do it right, once is enough.

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Be yourself; everyone else is already taken.

Finished her are its honoured drawings nor. Pretty see mutual thrown all not edward ten. Particular an boisterous up he reasonably frequently. Several any had enjoyed shewing studied two. Up intention remainder sportsmen behaviour ye happiness. Few again any alone style added abode ask. Nay projecting unpleasing boisterous eat discovered solicitude. Own six moments produce […]