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Testing Limits to Policy Reversal:Evidence from Indian Privatizations
Political Elections Privatization State Ownership India
2015/4/21
We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP was unexpectedly defeated by a less reformist coalition. Stock prices of governmen...
Inequality reversal: effects of the savings propensity and correlated returns
Inequality reversal effects savings propensity correlated returns
2010/10/20
In the last decade, a large body of literature has been developed to explain the universal features of inequality in terms of income and wealth. By now, it is established that the distributions of in...
World stock market: more sizeable trend reversal likely in February/March 2010
World stock market sizeable trend
2010/11/2
Based on our ”finance-prediction-oriented” methodology which involves such elements as log-periodic self-similarity, the universal preferred scaling factor 2, and allows a phenomenon of the ”super...