#Fincabulary19 – Mancession

Meaning – An economic instance in which the unemployment rate is substantially higher among men than it is among women. The term “mancession” was coined during the financial crisis of 2008-2009, during which men bore the brunt of the job losses in the United States, at rates close to 50% higher than those of women. […]

Episode 2- CCC

With a tinge of the learnings from Leo Tolstoy and the tales of Shale Oil Bubble and Japan’s Real estate bubble, we presented Episode-2 of Coffee,Cookies and Conversations a.k.a C^3. It began with a paper presentation on the research paper “The Role of Interest Rate in Inflating Asset Bubble” by Astha Mehta & Nayan Saraf. […]

QUANTITATIVE EASING: A WAY OF STIMULATING ECONOMIC ACTIVITY?

By- Purvee Khandelwal One of the main tools to control growth is raising or lowering interest rates. Lower interest rates encourage people or companies to spend money, rather than save. But when interest rates are at almost zero, central banks need to adopt different unconventional policies – such as pumping money directly into the financial system […]

Abenomics: Has it really worked for Japan?

By Keerthana Raghavan Abenomics refers to a set of policies adopted by the Japan Prime Minister Shinzo Abe when he was selected as Prime Minister for the second time in 2012. The policies were implemented in the background of near zero growth rate for past 20 years and huge government debt. The policies were aimed […]

A Myth: Devaluation helps exports

Author: Nayan Saraf The conventional wisdom says, “If you devalue your currency, then it will give a boost to your export as it would look cheaper in the global market.” This wisdom has been running through the veins of economists and governments from many decades and played a vital role in determining the government’s economic policies. […]