Browsing by Author "Raghavendra, Srinivas"
Now showing items 1-19 of 19
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Assessing the Empirical Performance of the DSGE models in the lead up to the Crisis
Ashe, Sinead; Raghavendra, Srinivas (2013)The global financial crisis has sparked renewed debate over the state of macroeconomic modeling, particularly in the lead up to the 2008/2009 Great Recession. The standard workhorse of macroeconomic modeling, the Dynamic ... -
A complex systems approach to financial market analysis: Nonlinearity, regime shifts and early warning indicators
Metadjer, Naoise (2017-08-16)The history of financial markets over the past century points to the stylised fact that markets build up to a peak and then crash. Many of the standard methods for risk estimation and modelling of financial time series ... -
A critical analysis of risk and volatility modeling in the financial markets
Moloney, Catherine (Kitty) (2011-12-20)In light of the recent financial crisis, the limitations of current risk estimation techniques have become apparent. The purpose of this thesis is to see if nonlinear tools and techniques can facilitate our understanding ... -
Critical transitions in Eurozone sovereign bond markets
Metadjer, Naoise; Raghavendra, Srinivas (Department of Economics, National University of Ireland, Galway, 2013)In this paper we present empirical evidence that the sovereign bond markets may have undergone a catastrophic transition during the Eurozone debt crisis. We find evidence of a phenomenon called critical slowing down that ... -
Decomposition Methods in Analyzing Intra-regional and Inter-regional Income Distribution
Raghavendra, Srinivas (National University of Ireland, Galway, 2006)In this paper we propose to study the world income distribution in the framework of Richard Stone-Richard Goodwin decomposition method [Goodwin, EJ 1949 and JPKE 1980, Stone¿s foreword to Pyatt-Roe, 1977]. The objective ... -
Economic and social costs of violence against women in Ghana: Technical report
Asante, Felix; Fenny, Ama; Dzudzor, Makafui; Chadha, Mrinal; Scriver, Stacey; Ballantine, Carol; Raghavendra, Srinivas; Sabir, Muhammad; Duvvury, Nata; Alverado, Gina; O’Brien-Milne, Lila; Mueller, Jennifer; Grant-Vest, Sara; Kennedy, John; Mensah, William (NUI Galway, 2019-04)Socio-economic costs of violence against women and girls in Ghana Violence against women and girls (VAWG) is one of the most widespread human rights violations. VAWG is a significant social, economic and public health ... -
Economic and social costs of violence against women in Pakistan: Technical report
Ghaus, Khalida; Ali, Adeel; Anis, Rafea; Areeb, Tabinda; Sabir, Muhammad; Chadha, Mrinal; Ballantine, Carol; Scriver, Stacey; Raghavendra, Srinivas; Duvvury, Nata; Grant-Vest, Sara; Kennedy, John; Ahmed, Aftab; Akhtar, Naveed; Alvarado, Gina; O’Brien-Milne, Lila; Mueller, Jennifer (NUI Galway, 2019-04)Violence against women and girls (VAWG) is widely recognised as a violation of human rights and a challenge to public health. VAWG also has economic and social costs that have not been adequately recognised. These costs ... -
Economic and social costs of violence against women in South Sudan: Technical report
Elmusharaf, Khalifa; Scriver, Stacey; Chadha, Mrinal; Ballantine, Carol; Sabir, Muhammad; Raghavendra, Srinivas; Duvvury, Nata; Kennedy, John; Grant-Vest, Sara; Edopu, Peter (NUI Galway, 2019-03)Introduction Violence against women and girls (VAWG) is widely recognised as a violation of human rights and a challenge to public health. Further, VAWG is an under-examined, but crucial component of the overall crisis ... -
Economics, politics and democracy in the age of credit-rating capitalism
Raghavendra, Srinivas (Sameeksha Trust, 2013-02-02)Unlike in earlier major economic crises, the current turmoil in the global economy has seen the consolidation of orthodoxy as the dominant paradigm. This essay traces the political economy of change in the current situation ... -
An examination of the interactions between the real and financial economy
Ashe, Sinead (2015-10-15)The primary aim of this thesis is to critically examine the interactions between the real and financial economy, particularly in the context of financialisation, and its implications for the transmission of monetary policy. ... -
Examining the dynamical transition in the Dow Jones Industrial Index from Bull to Bear market using Recurrence Quantification Analysis
Moloney, Kitty; Raghavendra, Srinivas (2012-11-20)We present evidence of phase transitions (periodic to chaotic and chaotic to chaotic) in the Dow Jones Industrial Index as it transitions from Bull to Bear market. There is also evidence of a completely unpredictable (i.e., ... -
A Framework for Testing Algorithmic Trading Strategies
Raghavendra, Srinivas; Paraschiv, Daniel; Vasiliu, Laurentiu (National University of Ireland, Galway, 2008)Algorithmic trading and artificial stock markets have generated huge interest not only among brokers and traders in the financial markets but also across various disciplines in the academia. The emergence of algorithmic ... -
An investigation into the dynamics of financial catastrophe
Raghavendra, Srinivas (Economics Working Paper, 2012)The paper captures the dynamics of interaction between the real and the nancial sector in a model of endogenous credit that exhibits multiple steady states and generates phase transitions with catastrophic abrupt- ness. ... -
Lack of critical slowing down suggests that financial meltdowns are not critical transitions, yet rising variability could signal systemic risk
Raghavendra, Srinivas (Public Library of Science, 2016-01-13)Complex systems inspired analysis suggests a hypothesis that financial meltdowns are abrupt critical transitions that occur when the system reaches a tipping point. Theoretical and empirical studies on climatic and ecological ... -
Lack of critical slowing down suggests that financial meltdowns are not critical transitions, yet rising variability could signal systemic risk
Guttal, Vishwesha; Raghavendra, Srinivas; Goel, Nikunj; Hoarau, Quentin (Public Library of Science (PLoS), 2016-01-13)Complex systems inspired analysis suggests a hypothesis that financial meltdowns are abrupt critical transitions that occur when the system reaches a tipping point. Theoretical and empirical studies on climatic and ecological ... -
Limits to Exhilarationism: Revisiting Kaldorian Dynamics
Raghavendra, Srinivas (National University of Ireland, Galway, 2005)It has been argued, in the context of modern economies that there are many margins of compensation that could serve to mask the demand side impact of the deteriorated income distribution. Investment Exhilarationism was ... -
Quantitative Risk Estimation in the Credit Default Swap Market using Exteme Value Theory
Moloney, Kitty; Raghavendra, Srinivas (National University of Ireland, Galway, 2010)This paper is motivated by empirical evidence illustrating the non-Gaussian nature of financial returns, (Jondeau et al 2007) and analyses extreme value theory, (EVT) as a proposed improvement (Embrechts et al., 2005) for ... -
Wage- and profit-led regimes under modern finance: an exploration
Bhaduri, Amit; Raghavendra, Srinivas (Edward Elgar Publishing, 2017-07-01)This paper generalizes the principle of effective demand to incorporate banking and finance as two distinct sectors. The traditional commercial banking sector is regulated and the modern shadow banking sector is mostly an ... -
Whitaker Institute Policy Brief
Raghavendra, Srinivas (2012)With the growing discontent to the Austerity policies in Europe, there is also a growing demand for seeking alternative policies for solving the crisis. The alternative policies would only come about by recognizing the ...