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2769 items in total found

Working Papers | 1987

Does Inflation-Unemployment Trade-Off Exist in India?

Ravindra H. Dholakia

The hypothesis of Extended Phillips Curve is examined in the present paper using the Indian data over the period 1950-51 to 1984-85. The empirical evidence does not suggest any substantial trade-off between inflation and unemployment even in the short run in the LDCs like India. The labor markets in the LDCs have such characteristics, which bring them very close to the Keynesian aggregate supply curve in the short run. The formation of inflationary expectation in the study is based on adaptive expectations. The findings of the study have important implication for the choice of the strategy to deal with adverse supply shocks in LDCs.

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Working Papers | 1987

Commercial Banks Finance for Rural Development

Gurdev Singh and Asokan S R

In 1969 fourteen commercial banks (six more in 1980) were nationalized to increasingly involve them in financing the developmental programmes in rural India. Subsequently Branch expansion policy was revised and reoriented in favor of rural areas. Regulatory controls for preferential allocations to identify priority sectors were enforced. Special activities and weaker sections were provided concessional finances under IRDP, 20 PEP, DRI scheme, etc. Backward areas were given special attention in this respect. The idea was to make the commercial banks an effective instrument of rural development. The performance of commercial banks between 1969-70 and 1984-85 showed big leaps forward in the number of rural branches and disbursement of loans. However, the performance was less than proportionate in rural deposit mobilization and recovery of loan dues. Further the performance was not identical across the states. Disparities were found in the coverage of population and cultivated area per branch, disbursements in different areas, for different purposes and to different groups of people on absolute and per hectare basis. Important observations on the performance of this segment of formal rural credit system are made.

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Working Papers | 1987

Wage Elasticity of Labour Supply for Males and Females

Ravindra H. Dholakia

Male-female wage differential in the Indian economy can be explained satisfactorily by the model of wage discriminating monopsony provided that the wage elasticities of supply of male and female labor are significantly different. In the present paper individual labor supply functions are derived by optimizing the family utility function. The corresponding elasticity functions are then examined for their implications. It is shown that infinite elasticity of labor supply implies unrealistic assumptions about the marginal utilities of money income and leisure. It is also argued that under the prevalent family system in India, the wage elasticity of labor supply for males is likely to be higher than the one for females. The observed phenomenon of female workers being paid a lower wage rate than male workers of equal skill, qualification and experience can, therefore, be explained by the model of wage discriminating monopsony in the labor market.

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Working Papers | 1987

Management Training: Mixed Groups or Songle Sex Groups

Parikh Indira J

This paper attempts to answer the question whether management training the exclusively for single sex group or mixed groups where both men and women undergo training jointly. The paper first explores the introduction of management training in the third world countries. It examines the focus, content, design and assumptions of training. Training focus can be categorized in three broad categories: a) conceptual, b) functional, and c) behavioral. The paper then deals with the issue of women in management, their entry, role performance and the resultant dynamics between them and the organizations. Women are late entrants in their work organizations. There are also social and cultural factors influencing their entry and acceptance. In developing countries socio-political ideology, environmental and economic and occupational opportunities have pushed women in management and other formal work roles at a very fast pace. Increasingly a new generation of women are beginning to assent themselves to enter and climb the corporate ladder. The cultural, social and organizational social assumptions of role taking and role and identity patterns available among people necessitates that initially training programmes be designed exclusively for women. Simultaneously joint programmes can also be initiated. This process can continue until a critical mass of women managers are trained and also a critical mass of organizations begin to be aware of this reality. Such training programmes will contribute a relevant perspective, a new world view and a vision, which is anchored in essential dignity of men and women. It will reinformce the legitimacy of new roles for both men and women and of being valued for their contribution in the system.

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Working Papers | 1987

Symbolic Role Models and Identity Patterns of Indian Women

Parikh Indira J and Garg Pulin K

This paper attempts to focus on the symbolic role models available and internalized by Indian women. These role meals as internalized by Indian women determines the nature of social role taking in the society as well managerial roles in formal work organizations. This paper identifies five symbolic models from the cultural role as influencing women's role taking and crystallization of identity. These five models are: a) the apple and the stigma, b) the accomplished and the trickster, c) the innocent and the seducer, d) the lost and the unfulfilled, and e) the realist and the exiled. In today's context these role models provide Indian women with fragmented insights into the unexplored areas of being women. However, it does not give freedom to women to make new responses. In the context of formal work organizations it is critical for Indian women to discover new frames of identity and role models. They may provide women new processes to transcend the traditional social milieu and create space for themselves in the social system. They may then define new roles and trigger new processes within the formal work systems. In the final analysis women can stop experiencing themselves as captives of the social traditions and role prescriptions. Women then can arrive at cross-roads and discover multiple alternatives and make choices with courage and convictions both in their home and work settings.

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Working Papers | 1987

Role of Women in Risk Adjustment in Drought Prone Regions

Anil K. Gupta, Yugandhar Mandavkar, Amin Surekha, and Shah Rekha N

Households strategies for adjustment with risks is an understudied subject, in general but role of women in this regard has remained particularly neglected. Author had taken up a comprehensive study of Impoverishment in Drought Prone Regions in collaborations with Swiss Dev Corporation and NABARD during 1981 in a drought prone district (Ahmednagar) of Maharashtra. The purpose was to identify the policy options for rural credit for drought prone regions. Subsequently during 1985-86, some of the women member of the households were revisited to understand the changes if any in terms of repertoire of the risk adjustment strategies. The paper summarizes some of the ways in which rural women contribute towards risk adjustment with special reference to the problems of credit. This is a preliminary draft and a more comprehensive study will be separately brought out.

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Working Papers | 1987

A New Proof of the Maximum Principle in Optimal Control Theory

Lahiri Somdeb

A new proof of the maximum principle is established in this paper, for the simplest problem in optimal control theory.

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Working Papers | 1987

Optimal Consumption Plans with Uncertain Planning Periods

Lahiri Somdeb

In this paper we study the one sector optimal growth model with uncertain planning horizons. We prove the non-existence of steady states, and the dependence of optimal capital stock at time 't' on the conditional probability of a 't' period planning horizon given that the planning process does not terminate before time 't'. We illustrate our results using a consumption optimal growth model and Cobb-Douglas technology.

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Working Papers | 1987

A Note on the Second Order Conditions for Isoperimetric Problems in Dynamic Optimization

Lahiri Somdeb

In this paper we obtain a clear statement of the second order necessary condition for isoperimetric problems in dynamic optimization.

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Working Papers | 1987

Technology for Dry Farming: How Do the Scientists, Students & Farmers View the Challenge?

Anil K. Gupta

An exploratory study of scientific goal setting in dry farming areas was pursued during 1985. The post-graduate students as well as scientists engaged in dry farming research from a North Indian agricultural university and its regional station were interviewed besides the scientists from All India Coordinated Research Project on Dryland Agriculture, Hyderabad. The farmers operating in the hinterland of the university as well as regional station were also contacted to contrast their perception with that of the scientists. Perception of scientists regarding indigenous technology developed by the farmers was studied to understand the match or mis-match existing between their perception vis-à-vis that of the farmers. The post-graduate research pursed in different universities during 1973 to 1983 in five disciplines viz., Agronomy, Genetics and Plant Breeding, Economics, Extension and Sociology was analyzed to understand the type of the skills which are being built up for facing the challenge of 21st century. The policy implications for making dry farming research more attractive for the post-graduate students and the concerned scientists have been given. The need for restructuring the approach to dry farming research management has been underlined. The contribution of ecological variables as distinct from economic variables in the choice of technology by the farmers have also been studied.

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