Arbitrage Pricing Theory and Return Generating Process: A Macroeconomic Approach to Indian Stock Market

A study focusing on the identification of return generating factors and to the extent of their influence on share prices the outcome will be a tool for investment analysis in the hands of investors portfolio managers and mutual funds who are mostly concerned with changing share prices. Since the study takes into account the influence of macroeconomic variables on variations in share returns by using the outcome the government can frame out suitable policies on long term basis and that will help in nurturing a healthy economy and resultant stock market. As every company management tries to maximize the wealth of the share holders a clear idea about the return generating variables and their influence will help the management to frame various policies to maximize the wealth of the shareholders.

Return and Efficiency of Intercropped Pineapple Cultivation in Kerala

School of management studies

Beyond the Prototypical Male Migrant

The primary theoretical accounts of migration have been largely unaffected by the feminisation of migration. But this does not mean that they are gender neutral. Drawing on the concept of gender knowledge developed by German sociologists Irene Dölling and Sünne Andresen, on the feminist critique of knowledge, feminist economics and studies on gender and migration, the paper interrogates two influential models of migration from neoclassical economics for their gendered assumptions: the Roy-Borjas selection model of migration and Jacob Mincer’s model of family migration. An analysis of their gendered assumptions about the individual, the family, the institution of the labour market and immigration policies shows that both theories explicitly and implicitly assume a male migrant as the norm and frame female migrants as passive dependents. However, the paper argues that it is not “men as such” who serve as prototypical migrants, but a specific type of white, heterosexual and middle-class masculinity, which is set as the norm while other migration realities and knowledge about the structuration of migration processes through social relations of gender, race and class are excluded. Finally, it is argued that with knowledge being a powerful site for the production of meaning in social relations, the gender knowledge in mainstream migration theories could lead to discriminatory migration policies and might also affect migrant subjectivities. This underscores the need for a more sustained dialogue between feminist and mainstream migration scholarship to further engender the field.

Return to nursing practice

Module enrolement and blackboard

Beyond the mincer equation: the internal rate of return to higher education in Colombia

In order to present an estimation of the Internal Rate of Return (IRR) to higher education in Colombia we take advantage of the methodological approach provided by Heckman, Lochner and Todd (2005). Trying to overcome the criticism that surrounds interpretations of the education coefficient of Mincer equations as being the rate of return to investments in education we develop a more structured approach of estimation, which controls for selection bias, includes more accurate measures of labor income and the role of education costs and income taxes. Our results implied a lower rate of return than the ones found in the Colombian literature and show that the Internal Rate of Return for higher education in Colombia lies somewhere between 0.074 and 0.128. The results vary according to the year analyzed and individual’s gender. This last result reinforces considerations regarding gender discrimination in the Colombian labor market.

Stock return comovements and integration within the Latin American integrated market

Financial integration has been pursued aggressively across the globe in the last fifty years; however, there is no conclusive evidence on the diversification gains (or losses) of such efforts. These gains (or losses) are related to the degree of comovements and synchronization among increasingly integrated global markets. We quantify the degree of comovements within the integrated Latin American market (MILA). We use dynamic correlation models to quantify comovements across securities as well as a direct integration measure. Our results show an increase in comovements when we look at the country indexes, however, the increase in the trend of correlation is previous to the institutional efforts to establish an integrated market in the region. On the other hand, when we look at sector indexes and an integration measure, we find a decreased in comovements among a representative sample of securities form the integrated market.

Building Professional Capacity Aiming to Improve the Educational Position of Migrant Children : a reflection on the Sirius network activities

Resumen basado en el de la publicaci??n

Analysis of return patterns of digital hearing aids

This paper examines the return rate for digital hearing aids and reason for the returns.

Analysis of return patterns of digital hearing aids

This paper examines the return rate for digital hearing aids and reason for the returns.