Home Menu
icon-menu-close.svg

Faculty & Research

Faculty & Research

Research Productive

Show result

Clear
Search Query :
Area :
Search Query :
3721 items in total found
Hospitality financial management and contextualized decision making

Books | 2021

Hospitality financial management and contextualized decision making

Nan Hua, Barry Bloom, Agnes DeFranco, Toni Repetti, Twila Mae Logan, Dipendra Singh Mann, Peng Liu, Prashant Das and Arun Upneja

Kendall Hunt

The Black Box: Innovation and public policy in India

Books | 2021

The Black Box: Innovation and public policy in India

Rakesh Basant

Penguin Random House

Journal Articles | 2021

Central bank gold reserves and sovereign credit risk

Sawan Rathi, Sanket Mohapatra, and Arvind Sahay

Finance Research Letters

Gold holdings with central banks are often considered to play a stabilizing role in times of crisis. This paper performs a cross-country panel data analysis of developed and developing countries to determine whether gold holdings of central banks contribute to sovereign creditworthiness. Our analysis confirms that an increase in central bank gold reserves reduces the credit default swap (CDS) spreads of a country. We also observe that during global crisis and country-specific crisis episodes, the role of central bank gold becomes even more important. In robustness tests, we account for potential endogeneity of central bank gold reserves using a Generalized Method of Moments (GMM) approach. The findings highlight the importance of gold in central bank reserves and indicate a positive role of gold in mitigating a nations external vulnerabilities in an uncertain global economic environment.

Go to link
Read More

Journal Articles | 2021

The implications of economic uncertainty for bank loan portfolios

Sanket Mohapatra and Siddharth M. Purohit

Applied Economics

This paper analyses the impact of economic uncertainty on the composition of bank credit across household and firm loans. Using bank-level data spanning 40 developed and developing countries, we find that higher economic uncertainty is associated with an increase in the relative share of household credit in the loan portfolio of banks. This change in composition of credit may result from banks efforts to reduce the overall riskiness of their loan portfolios, since corporate loans are generally viewed as riskier than household loans. This shift is more pronounced for weakly-capitalized banks, which may face greater risks during economic shocks, and for larger banks, which may be riskier due to complex business models and more market-based activities. The variation in our main findings by banks capitalization and size suggests that they arise from changes in bank credit supply in response to greater uncertainty. The baseline results hold for a range of robustness tests. Our study highlights the role of aggregate uncertainty in micro-level outcomes and are relevant for bank capital regulation and the conduct of macroprudential policy.

Go to link
Read More
Elephants and cheetahs: The beauty of operations

Books | 2021

Elephants and cheetahs: The beauty of operations

Saral Mukherjee

Penguin Random House

Applied advanced analytics

Books | 2021

Applied advanced analytics

Arnab K. Laha

Springer

Demystifying leadership: Unveiling the Mahabharata code

Books | 2021

Demystifying leadership: Unveiling the Mahabharata code

Asha Kaul and Vishal Gupta

Bloomsbury

Special Topics and Particular Occupations, Professions and Sectors - Handbooks of workplace bullying, emotional abuse and harassment Vol 4

Books | 2021

Special Topics and Particular Occupations, Professions and Sectors - Handbooks of workplace bullying, emotional abuse and harassment Vol 4

Premilla D'Cruz, Ernesto Noronha, Loraleigh Keashly and Stacy Tye-Williams

Springer

Dignity and Inclusion at Work - Handbooks of workplace bullying, emotional abuse and harassment Vol 3

Books | 2021

Dignity and Inclusion at Work - Handbooks of workplace bullying, emotional abuse and harassment Vol 3

Premilla D'Cruz, Ernesto Noronha, Carlo Caponecchia, Jordi Escartin, Denise Salin and Michelle Tuckey

Springer

Pathways of Job-related Negative Behaviour - Handbooks of workplace bullying, emotional abuse and harassment Vol 2

Books | 2021

Pathways of Job-related Negative Behaviour - Handbooks of workplace bullying, emotional abuse and harassment Vol 2

Premilla D'Cruz, Ernesto Noronha, Elfi Baillien, Bevan Catley, Karen Harlos, Annie Hogh and Eva Gemzoe Mikkelsen

Springer

IIMA