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Full-Text Articles in Social and Behavioral Sciences
Financial Intermediation And National Growth: Why India Needs To Further Develop Its Stock Markets, Deepika Gupta
Financial Intermediation And National Growth: Why India Needs To Further Develop Its Stock Markets, Deepika Gupta
University Avenue Undergraduate Journal of Economics
The aim of this paper is twofold: to show the positive growth effect on economies through steady stock market growth, and to analyze the performance of India’s stock markets over the last decade on national growth. I start out in Section I with economic analyses of the high correlation between stock market indicators and the development of all financial institutions. Studies conducted by other economists prove correlations between the stock market and other macroeconomic indicators such as liquidity, level of banking, volatility, consumption, income and stock prices. Section II is a detailed case analysis of the Bombay Stock Exchange (BSE) …
The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi
The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi
University Avenue Undergraduate Journal of Economics
I argue that dowries exist because of a combination of two reasons. First, there is an excess supply of women in the Indian marriage market that results in the use of dowry as an equilibrating mechanism. Secondly, a differential in the patterns of human capital accumulation of men and women have led to a larger positive benefit from marriage for women than for men, the net difference of which is theoretically equivalent to the amount of the dowry. Both these explanations for the existence of dowry are fundamentally grounded in the powerful social and cultural ideologies of marriage held by …