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Money creation in the modern economy

Click here to read my summary of an article by Michael McLeay, Amar Radia and Ryland Thomas of the Bank’s Monetary Analysis Directorate

Dollar Debt in FX Swaps and forwards: huge, missing and growing

Click here to read the summarized BIS paper titled " Dollar Debt in FX Swaps and forwards: huge, missing and growing ".

The fundamental issue in India - my perspective

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The historical world was of authoritarian nature - ruled by monarchs. I won't say that this philosophy was a failure, given it stayed for several hundred years if not a thousand. Indeed there had been dynasties that lasted merely a decade but at the same time, some dynasties lasted several generations. I believe it is worth pondering as to what was the reason behind such long survival of such authoritarian regimes. Their secret, I believe, is the rule of law. 

Quick Resolution: Blue Screen Error - Sign-On Initialization

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Recently, my windows updated; however, somehow the update led to a windows sign-on initialization blue screen error and I could not boot my device. It was possible because the update had corrupted the windows file.

Learnings from JP's speech at Brookings Institute on Economic Outlook

FED chair Powell spoke at the Brookings Institute on economic output on 30 Nov 22'. Here are some crucial points from his speech for us, the emerging economists, to understand and improve our economic comprehension: 

Few technical indicators to be utilized for broad level stories

Chaikin Money Flow Principle: The closer the closing price is to the high, the more accumulation has taken place. On the other hand, the closer the closing price is to the low, the more distribution occurs So, if the price action consistently closes above the bar's midpoint on increasing volume, the CMF would be positive. If the price action closes below the bar's midpoint on increasing volume, the CMF would be negative The trend in price, along with CMF>0 indicates the strength of the trend; Also, c heck for price-action vs CMF divergence/convergences for confirming the strength of the trends Money Flow Index Principle: It's a momentum indicator that measures the flow of money into and out of the security over time. It is related to RSI but while RSI only takes price into account, it also takes volume into account It is somewhat similar to CMF. In this, the price (avg of high, low, and close) is calculated. Next, money flow is calculated by multiplying this avg price by...

Politics and Economics of Rupee Depreciation

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There has been a lot of politics behind the recent rupee depreciation, although not surprisingly! As expected, the opposition targets the party in power, trying to defend their superior performance under their purview. Likewise, the ruling party has been trying to defend its own performance.

Electricity Industry Operations and Market

This is a very crisp, composed but very informative, designed and depicted course. Several intricacies of the electricity industry and economics have accurately and clearly corresponded. Another great course by Duke University on Coursera! Click here to read notes.

Trickster Banks ! - True Incidence

In mid 2022s, the central banks around the world started raising rates in order to combat inflation, including the RBI. What I witnessed myself is that when the rates were revised, banks like SBI raised the rates (i.e., EMIs) even on their ongoing fixed-rate loans. Weird!

Excel Fundamentals for Data Analysis

This course offered by Macquire University on Coursera teaches the basics of excel for data analysis. It discusses data preparations and cleaning using various ways. It helps us form strong fundamentals that are built upon in further courses of the specialization. Click here to read. I.  Introduction     - Functions for combining text values     - Functions to split text data     - Combining text functions     - Cleaning data and changing case     - Removing and replacing text characters II. Working with numbers and dates     - Converting data with value and text     - Understanding dates and basic date functions     - Calculations with dates and using days, network days and workday     - More sophisticated date calculations with EOMonth and EDate III. Defined names for working more effectively with data     - Cell referencing and naming     - Defined names and create from...

Oil and Gas Industry Operations and Market

This is a very crisp, composed but very informative, designed and depicted course. Several intricacies of the oil and gas industry and economics have been accurately and clearly corresponded. Another great course by Duke University on Coursera! Click here to read the notes. Click here to read my final peer-graded assignment.

Moral Hazard and Operations of Shell Companies

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In 2012, Jason Sharman presented a paper on "Financial Secrecy, society and vested interest" in Norway. The paper discussed whether the FATF laws to counter the anonymity issue of the shell companies effective? 

Solution: GraphViz Installation Error Python

Correctly installing GraphViz for python is a painstaking task. The reason is installation and PATH related issues while using pip. The problem intensifies if you are working on your work-related device that has restrictions with respect to installation and file/folder access.

Introduction to programming with MATLAB

This is one of the most interesting courses I have had on Coursera. The reason, apart from the quality of content and exhaustive content, is actually the interest and excitement with which the prof teaches it. His lectures by far are the most fun to listen to.

Practical ML on H2O

This coursera course provides a way to utilize H2O for applying Machine Learning Purposes. Note, this course has more focus on application and that on H2O.

Visualizing Indian Economy

Agriculture: The agricultural sector in India operates at extremely low productivity and the need for reforms in this sector is imperative. Observe that despite a large fraction of the population involved in agriculture, the agricultural value addition to the economy has declined significantly and has stagnated at lower levels. What it needs now is a big push by the government. 

Neuroeconomics: Review and Future Research Directions in the Arena of Marketing and Economics

The paper conducted a literature survey to provide perspicuous comprehension into the development of nexus between neuroscience, marketing, economics over the past decade.