Business Standard ran a super profile of Jerry Rao. After moving from Mphasis he ahs set up this firm called Value and Budget Housing Corporation Ltd.
His Business model is to sell homes in the range of Rs 5 lakh to Rs 11 lakh. How does he plan to do it? There are three broad strategies:
Posted in Economics - macro, micro etc, Indian Economy/Financial Markets, Infrastructure, Policy | 3 Comments »
John Vickers, former BoE member and now at Oxford writes this superb paper on the topic. I have always wondered on comparing central banks with other economic institutions. THis one compares the competition authority with central banks.
Interestingly, in both competition and monetary policy there was a consensus to follow the neoclassical model till this crisis. Now things have changed a bit. Vickers writes about this change:
Posted in Academic research & research papers, Central Banks / Monetary Policy, Economics - macro, micro etc, Economist, Financial Markets/ Finance, Policy | 2 Comments »
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