5,051 research outputs found
I Was Addicted to Sex With Married Women
No full textAs a young man, Akhil Sharma revelled in the most dangerous of liaisons, having sex with other men's wives – until the thrill began to pall
Maldives Resorts: Eco-Friendly Vacations
No full textLuxurious, exclusive and remote, the Maldives are the ultimate beach escape. They’re also a case study in the risks of global warming. Writer Akhil Sharma visits the country’s most eco-friendly resorts and discovers a remarkable cuisine worth protecting
Recollections of a Hindu Hedonist
No full textNovelist Akhil Sharma grew up in a teetotaling Indian household. Here, he tells how discovering a passion for great wine helped him create a new identity out of a painful past
ECOLOGICAL ANALYSIS OF LITERACY IN RAJASTHAN: AN APPLICATION IN SOCIAL GIS
No full textUrmi Sharma 1, Seema Jalan2 and Purnima Singh3 1 Assistant Professor, 2Professor, Department of Geography, MLS University, Udaipur (Rajasthan) India 3Assistant Professor, Govt. Meera Girls' College, Udaipur (Rajasthan) India Email: [email protected]
Interview with Lakshmi Raj Sharma, Author of The Tailor’s Needle
Get PDFInterview with Indian writer Lakshmi Raj Sharma, author of 'The Tailor's needle
Bilateral rhegmatogenous retinal detachments: clinical profile and outcome of 122 eyes
No full text<p>Bilateral rhegmatogenous retinal detachments: clinical profile and outcome of 122 eyes. Monika Kapoor, Koushik Tripathy, Rohan Chawla, Ravi Bypareddy, Laxman Vekaria, Yog Raj Sharma, Seema Meena<br>15th EURETINA Congress - Nice 2015 17 - 20 September 2015 in Acropolis, Nice, France.<br>2015-09 | conference-abstract</p>
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Impact of fiscal policy shocks on the Indian economy
Get PDFImpact of Fiscal Policy Shocks on the Indian Economy Swati Yadav , V.Upadhyay , Seema Sharma Abstract In this paper, we analyse the impact of fiscal shocks on the Indian economy using structural vector autoregression (SVAR) methodology. The study uses quarterly data for the period 1997Q1 to 2009Q2. Two different identification schemes have been used to assess the effects of shocks to government spending and tax revenues on output. The recursive scheme is based on the Cholesky decomposition and the second identification scheme Blanchard & Perrotti (1999) technique of using information on tax system to identify the SVAR model. We find that the impulse responses obtained from both identification schemes behave in a similar fashion but the value of multipliers differs. Also the shock to tax variable has a bigger impact on GDP than the government spending shock. In the extended four variable VAR model the effects of fiscal shocks on private consumption has been assessed using the recursive identification scheme. Findings indicate that the tax variable has larger impact on private consumption as compared to the government spending variable. In the short run the impact of expansionary fiscal shocks follow Keynesian tradition but the long run response is mixed.SVAR, Fiscal shocks, Multipliers
Impact of fiscal policy shocks on the Indian economy
Get PDFImpact of Fiscal Policy Shocks on the Indian Economy
Swati Yadav , V.Upadhyay , Seema Sharma
Abstract
In this paper, we analyse the impact of fiscal shocks on the Indian economy using structural vector autoregression (SVAR) methodology. The study uses quarterly data for the period 1997Q1 to 2009Q2. Two different identification schemes have been used to assess the effects of shocks to government spending and tax revenues on output. The recursive scheme is based on the Cholesky decomposition and the second identification scheme Blanchard & Perrotti (1999) technique of using information on tax system to identify the SVAR model. We find that the impulse responses obtained from both identification schemes behave in a similar fashion but the value of multipliers differs. Also the shock to tax variable has a bigger impact on GDP than the government spending shock. In the extended four variable VAR model the effects of fiscal shocks on private consumption has been assessed using the recursive identification scheme. Findings indicate that the tax variable has larger impact on private consumption as compared to the government spending variable. In the short run the impact of expansionary fiscal shocks follow Keynesian tradition but the long run response is mixed
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