ScienceGuy

The study investigates the impact of monetary policy on CO2 emissions while controlling for income, trade, foreign direct investment (FDI) and accounting for structural breaks using annual data from 1971 to 2014. By utilizing the extended environmental Kuznets curve (EKC) framework and dynamic ARDL simulations, the results reveal that the Kuznets curve is a long-run phenomenon for India, not a short run. Moreover, interest rates are identified to possess a significantly positive relation with emissions in the short as well as long run. This indicates the sub-optimality of the present monetary policy for sustainable growth. Hence, it suggests incorporating environmental impacts into the central bank’s framework. Additionally, trade is found to be inelastic and weakly beneficial for the environment, while FDI is elastic and significantly detrimental. The latter evidence supports Pollution Haven Hypothesis. Further, following Itkonen (Itkonen, Energy, 2012) arguments, the study demonstrat...

The course by IMF provides an overview of empirical methods and analytical techniques for assessing the impact and effectiveness of development innovations at product and policy levels and the way to measure what's working. The course provides tools to evaluate the causal impact of various policies and programs.

Machine learning is the science of getting computers to work without being explicitly programmed. The Machine learning course offered by Stanford University provides an introduction to this. It flows very smoothly and in the way that the hardest and toughest topics get absorbed with ease. Indeed, the instructor has delivered and designed an incredible course. For starting ML, no other resource could be better,

Predictive models are used to form a “credit score” that determines the probability of an application being good/bad at a future date. Different types of models are used in this context, the most common being the Regression Formulae,

The course by IMF focuses on the application of econometric techniques for modelling the dynamic behavior of macroeconomic variables, like, consumption, investment etc. and their response to policy changes.

Notes based on the lecture by Prof. Alwyn Young discuss types of technical processes, Uzawa's theorem and its implications.

Recently, I was transacting with a fruit vendor, to whom I owed Rs. 10. I had given him a coin of that amount for the payment (i.e. a rupee 10 coin).

These are the notes from LSE MA 207 course which discusses the basic mathematics required for further studies at the postgraduate level in economics. I personally found this course very exhaustive and immensely helpful.

Today Indian hockey team won the bronze medal, re-writing history after having won an Olympic medal after 41 years. It indeed is a time to rejoice for the entire nation. Consequently, the Prime Minister of India, Mr Modi dialled the Indian hockey team's captain, just post the match to congratulate him.

This report is based on an investigative commission that conducted an Operations Review of the Indian Army in the 1962 Sino-Indian War.

Here the notes discuss how TFP calculations are actually done in practicality. It also discusses sectoral output functions and uses them to derive aggregated GDP for the economy, introducing the idea of Domar weights on the go.

Notes based on the lecture by Prof. Alwyn Young discusses the problems of growth accounting. It describes the growth calculation using the National Accounts, its shortcomings and the potential solution - the chained index. Additionally, the lecture also discusses the growth calculation method adopted by PWT and its potential issues.

Notes based on the lecture by Prof. Alwyn Young discusses the math described in the paper on PWT construction (Feenstra, Inklaar and Timmer). We also discuss the older and the newer PWT's, their differences and issues.

Notes discuss the basics of TFP. Referenced to Prof. Alwyn Young. Click here  to read my notes.

Notes based on the lecture by Prof. Alwyn Young discuss the basics of production functions, their connection with Solow models and the golden rule.

Notes based on the lecture by Prof. Alwyn Young discuss prices and quantity indices - Laspeyres and Paasche and analyzes their behaviours. It does it for both consumption and production Gerschenkron. 

In 1905, while only twenty-six years old, Albert Einstein published "On the Electrodynamics of Moving Bodies" and effectively extended classical laws of relativity to all laws of physics, even electrodynamics.

The least action principle is an extremely powerful tool that can be used to determine the trajectories taken up by the particle. It simply states that out of the possible trajectories, the particle will take the one for which the action required is the least.

Recently I read an article in a reputed magazine discussing the resurgence of COVID in Israel, a country that had vaccinated a major fraction of its population.

During my recent chats with some investors, I was questioned by most of them about my thoughts on the "stock market bubble". I realized that there are whispers in the air about the stock market being a bubble currently.

The stock markets have reached record levels and do not show much lethargy yet. Some articles justified these new heights of the stock markets by investors estimation of forwarding PEG.

Mucormycosis is uncommon and is largely confined to patients with serious pre-existing diseases Mucormycosis originating in paranasal sinuses and nose predominantly affects patients with poorly controlled diabetes mellitus.

This course is the advanced level course offered by Ecole Polytechnique discusses interest rates and many related contracts like floating, fixed bonds, zero-coupon bonds, swaptions, caps, floors, swaps, forwards and futures.

This Wharton's course teaches about the fundamentals of quantitative modelling. It is beneficial because these fundamental blocks could be added to form a more complex model at a later stage to solve various business issues.

T hese notes would be beneficial to individuals to understand the very basics of the Brownian Motion, which eventually would aid in understanding stochastic calculus. The notes have been made from the lectures of profbillbyrne.

  Notes have been made on the basis of lecture BEM1105X - Caltech. Course playlist can be found here

I have been working for almost 6 months on this self-curiosity drive of history. Based on content from Philip's atlas of world history, I am making timelines that I believe would aid us in a better understanding of history across the world.

National Income Accounting is a way to measure the economic activity of a nation. However, it is quite a bit complex in nature as the data required to measure different components are not directly available.

The Standard model is like the periodic table of physics which explains nearly everything in our universe. Despite being extremely successful, it also suffers caveats.

Academicians from the University of Geneva and professionals from UBS discuss the famous dichotomy between active and passive investing, how to measure and analyze investment performance and the future trends in the investment management industry.

Now retail investors can invest in G-Secs and T-bills. Personally, I feel it is a win-win situation and a very important market gap being filled. Until now if we needed to invest in these securities, we had to go through mutual funds as individual investors.