Springer Advances in Finance & Applied Economics

Discussing a wide range of topics of contemporary relevance from the domain of finance and economics, this book presents a collection of twenty-four research papers, which were selected on the basis of their topicality, the novelty of their methods, and the importance of their subject matter. All papers pursue an empirical approach to address key research issues, and are categorized into three major parts. Part one includes papers related to development economics and environmental economics. The second part focuses on monetary economics, public economics, and behavioral economics, while the third tackles issues concerning corporate finance and financial risk management. Bringing together works of scholars from around the world, the book presents a truly global perspective, and not only serves as an essential guide on the topic for researchers, but also has a distinctive role to play in policymaking.    From the Back Cover Discussing a wide range of topics of contemporary relevance from the domain of finance and economics, this book presents a collection of twenty-four research papers, which were selected on the basis of their topicality, the novelty of their methods, and the importance of their subject matter. All papers pursue an empirical approach to address key research issues, and are categorized into three major parts. Part one includes papers related to development economics and environmental economics. The second part focuses on monetary economics, public economics, and behavioral economics, while the third tackles issues concerning corporate finance and financial risk management. Bringing together works of scholars from around the world, the book presents a truly global perspective, and not only serves as an essential guide on the topic for researchers, but also has a distinctive role to play in policymaking.    About the Author N.R. Bhanumurthy is currently a Professor at the National Institute of Public Finance and Policy (NIPFP), New Delhi, India. Prior to joining the NIPFP, he worked as Assistant and Associate Professor at the Institute of Economic Growth (IEG), Delhi. He has worked as a macroeconomist at UNESCAP, Bangkok and the UNDP Regional Centre for the Asia-Pacific region, Colombo. He has been a Visiting Fellow at the Maison des sciences de l’homme, Paris, France, and at McGill University, Montreal, Canada. He has also been a consultant to the ILO, the World Bank, and the Asian Development Bank. Currently, he is Secretary of the Indian Econometric Society and a Managing Trustee of the Indian Economic Association Trust for Research and Development.   K. Shanmugan is currently working as an Associate Professor at the M. S. University of Baroda, India. He is also the Treasurer of the Indian Econometric Society (TIES), New Delhi. He has chaired numerous conferences and seminars organized by some of the most prestigious institutions in India and has 27 years teaching experience.  Shriram Nerlekar is a faculty of Finance at the Savitribai Phule Pune University (SPPU), India. He is currently serving as Director, Institute of Management Education Research and Training (IMERT), Pune. He has chaired numerous academic and administrative committees formed by SPPU. He is the recipient of the ‘Best Professor in Financial Management Award’ (awarded in 2010 by Mumbai-based Business School Affaire’s Dewang Mehta Business School Awards) and of the ‘Young Achiever Award’ (awarded in 2012 by Mumbai-based World Education Congress).  Sandeep Hegade is the Founder Director of the Centre for Advanced Studies in Policy Research, Pune. He is the Editor-in-Chief of IMERT’s journal Arthkalp – Journal of Finance & Economics. He is the recipient of the National Research Fellowship – BANRF (Dr. Babasaheb Ambedkar National Research Fellowships) at BARTI (Dr. Babasaheb Ambedkar Research & Training Institute), Pune. He is a researcher, author and blogger on various topics related to finance