Volatility of real return and impact of monetary policy rates on yield of the 182 days treasury bills in India

2019 ◽  
Vol 118 (4) ◽  
pp. 142-145
Author(s):  
Vijayalakshmi Pa
Keyword(s):  
Monetary Policy ◽  
Financial Markets ◽  
Central Government ◽  
Secondary Market ◽  
Treasury Bills ◽  
The Public ◽  
The Government ◽  
The Impact ◽  
Financial Securities

Central Government issues securities in financial markets to meet out its financial requirements for fulfilling its objectives towards overall economic and welfare development of the nation. Both money and capital markets help to float short term as well as long term securities before the public to tap their savings. Financial institutions, Banks, primary dealers and individuals are allowed to deal with financial securities. 182 Days Treasury Bill is also one of the instrument which cater the needs of deficit of the government.  This paper deals with   182 days treasury bills for  analysing the real return and trading of  182 days treasury bills in the secondary market and the impact of  monetary policy rates on average yield  on 182 days treasury bills and concluded that monetary policy rates have impact on 182 days treasury bills in India.

Accounting for gaming in the time of plague: COVID-19 in Macau

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carlos Noronha ◽  
Jieqi Guan ◽  
Sandy Hou In Sio
Keyword(s):  
Critical Event ◽  
Gaming Industry ◽  
Content Type ◽  
The Public ◽  
The Social ◽  
Social Account ◽  
The Government ◽  
The Impact ◽  
Practical Implications

Purpose While the COVID-19 virus has been spreading worldwide, some studies have related the pandemic with various aspects of accounting and therefore emphasized the importance of accounting research in understanding the impact of COVID-19 on society as a whole. Recent studies have looked into such an impact on various industries such as retail and agriculture. The current study aims at applying a sociological framework, sociology of worth (SOW), to the gaming industry in Macau, the largest operator of state-allowed gambling and entertainment in China, which will allow for its development during the COVID-19 pandemic to be charted. Design/methodology/approach The study uses the theory of SOW as a framework and collects data from various sources, such as the government, gaming operators and the public, to create timelines and SOW frameworks to analyze the impact of the virus on the gaming industry and the society as a whole. Findings Detailed content analysis and the creation of different SOW matrices determined that the notion of a “lonely economy” during a time of a critical event may be ameliorated in the long term through compromises of the different worlds and actors of the SOW. Practical implications Though largely theory-based, this study offers a thorough account of the COVID-19 incident for both the government and the gaming industry to reflect on and to consider new ways to fight against degrowth caused by disasters or crises. Social implications The SOW framework divides society into different worlds of different worths. The current study shows how the worths of the different worlds are congruent during normal periods, and how cracks appear between them when a sudden crisis, such as COVID-19, occurs. The article serves as a social account of how these cracks are formed and how could they be resolved through compromise and reconstruction. Originality/value This study is a first attempt to apply SOW to a controversial industry (gaming) while the effects of the COVID-19 pandemic are ongoing. It offers a significant contribution to the social accounting literature through its consideration of the combination of unprecedented factors in a well-timed study that pays close attention to analyses and theoretical elaboration.

scholarly journals UPAYA POLISI AIRUD DALAM PENANGGULANGAN TERJADINYA TINDAK PIDANA ILLEGAL FISHING DI WILAYAH PERAIRAN TANJUNGBALAI

2020 ◽  
Vol 28 (1) ◽  
pp. 17
Author(s):  
Lamhot Gurning ◽  
Mangasa Manurung ◽  
H. Bachtiar Simatupang
Keyword(s):  
Deterrent Effect ◽  
The Public ◽  
Illegal Fishing ◽  
Short And Long Term ◽  
Analytical Research ◽  
The Government ◽  
Decisive Action ◽  
The Impact ◽  
Laws And Regulations

Illegal fishing is an act that is very detrimental to a nation and state. The impact will be seen in the short and long term. The government makes handling illegal fishing crimes a very serious concern. This study aims to determine the forms of illegal fishing, AIRUD Police efforts in overcoming and knowing the inhibiting factors of illegal fishing in Tanjungbalai waters. Descriptive analytical research means trying to collect, study, analyze, and describe the illegal fishing countermeasures. The results showed the forms of illegal fishing in Tanjungbalai, namely the use of fishing gear that is in conflict with the laws and regulations (trawl pull). The efforts of AIRUD Police in tackling the occurrence of illegal fishing in the waters of Tanjungbalai are preventive and repressive efforts. Preventive efforts aimed at increasing the intensity of the socialization of laws and regulations to the public, and increasing patrols in waters according to the scope of duties of the Air Force Police Tanjungbalai. Refressive efforts, namely describing decisive action against illegal fishing perpetrators so that it provides a deterrent effect and then provides direction so as not to do the same thing over and over again. The obstacles of AIRUD Police in tackling illegal fishing are the lack of personnel, and the fishermen's HR which are still relatively low, the completeness of facilities and supporting facilities that are still limited in increasing routine patrols in carrying out the tasks of supervision, protection and protecting the special community of fishermen in the waters.

scholarly journals Sosialisasi PSBB, perwako dalam rangka upaya pencegahan Covid-19 di Pekanbaru dan kaitannya dengan hak kesehatan masyarakat

2020 ◽  
Vol 2 ◽  
pp. 566-570
Author(s):  
Mukhlis Mukhlis ◽  
Hayatul Ismi ◽  
Emilda Firdaus ◽  
Maria Maya Lestari ◽  
Adlin Adlin
Keyword(s):  
Large Scale ◽  
Central Government ◽  
Public Knowledge ◽  
Ministry Of Health ◽  
The Public ◽  
Corona Virus ◽  
The People ◽  
Service Activity ◽  
The Government ◽  
The Impact

With the increasing number of Covid-19 cases in Indonesia, including in Riau Province, it is necessary to implement Large-Scale Social Restrictions (PSBB). PSBB is one way to reduce the impact of Covid-19. PSBB has currently been implemented in 10 regions in Indonesia as part of efforts to prevent the corona virus. The Central Government through the Ministry of Health has approved Pekanbaru to implement the PSBB. The main reason for implementing PSBB in dealing with the Covid-19 corona virus is because physical distancing, which has been carried out so far, is ineffective in the community. On that basis, the government strengthened the policy of physical restrictions for the community by implementing PSBB in the regions. It is necessary to do the socialization of PSBB and this Perwako, so that the public knows the Rules about PSBB. The service activity aims to provide guidance to the people of Pekanbaru City regarding Corona and PSBB, because Pekanbaru City is one of the cities that is a transit point. The implementation of activities to increase public knowledge about PSBB and Perwako was successful. This can be seen from changes in the behavior of people who were previously reluctant to wear masks, then have started wearing masks when they go out, as can be seen from the behavior of people who have avoided people's hassles and tried to keep their distance. The community also complies with large-scale social restrictions set by the government, this can be seen from the minimum community activity at night outside the home.

Environmental monitoring of government — the case for an environmental auditor

Legal Studies ◽  
2000 ◽  
Vol 20 (2) ◽  
pp. 241-263
Author(s):  
Kathryn Hollingsworth
Keyword(s):  
Audit Committee ◽  
Central Government ◽  
Current System ◽  
Environmental Audit ◽  
House Of Commons ◽  
Value For Money ◽  
The Public ◽  
The Government ◽  
The Impact ◽  
Made In

In November 1997 the Environmental Audit Committee of the House of Commons (EAC) was established. The Committee is modelled in some ways on the Public Accounts Committee of the House of Commons (PAC) but, unlike the PAC, the EAC is not supported by an independent auditor. This article argues that, despite the limitations of audit made in accountancy literature, audit can be a useful mechanism by which to hold government to account for the impact of its policies and operations on the environment. However, as a model of accountability, the current system of environmental audit is inadequate. In making this argument, the article draws on two existing audit models. First, because the government has chosen to model the EAC on the PAC, the mechanisms in place for securing financial and value for money accountability in UK central government will be considered. Second, the article looks to the arrangements in Canada, where a more developed system of environmental audit exists.

Money supply and inflation impact on economic growth

2019 ◽  
Vol 12 (1) ◽  
pp. 121-136 ◽  
Author(s):  
Dinh Doan Van
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Money Supply ◽  
Karl Marx ◽  
Continuous Increase ◽  
Content Type ◽  
The Government ◽  
Short Time ◽  
The Impact

Purpose At present, countries are concerned about inflation and the impact of inflation on each country’s economic growth. This inflation has been said by economists that inflation is a phenomenon of currency and currency, which has caused inflation in some countries by their monetary policy. According to the economic theory of Karl Marx, Irving Fisher, Friedman, inflation is caused by a continuous increase in the money supply. Design/methodology/approach The economic theories of Fisher, Friedman and an econometric model are applied to analyse the relationship between money supply and inflation. Besides, Vietnam’s and China’s research data are also collected in the period of 2012-2016. Findings It is found out that the continuous increase in the money supply causes inflation in the long-term, but the continuous increase in the money supply growth does not cause inflation in a short time, this was analyzed based on the theory of monetary quantity. Moreover, Chia’s and Vietnam’s correlations of the money supply growth and inflation are 99.1 per cent. These correlations are very close. Originality/value Research results show that money supply and inflation are closely related, and the money supply directly affects economic growth. Therefore, the government should have the relevant monetary policy to grow the economy and proposals to make monetary policy, control inflation levels and stimulate economic growth.

scholarly journals Monetary Policy and Financial Asset Prices: Empirical Evidence from Pakistan

2018 ◽  
Vol 7 (2) ◽  
pp. 149-160
Author(s):  
Imran Umer Chhapra ◽  
Muhammad Usama Ali ◽  
Syeda Fizza Zehra ◽  
Falak Naz
Keyword(s):  
Monetary Policy ◽  
Financial Markets ◽  
Stock Price ◽  
Monetary Transmission ◽  
Investment Strategies ◽  
Vector Autoregressive ◽  
Bond Yield ◽  
Asset Classes ◽  
The Impact

Monetary transmission mechanism assumed to be significantly influenced by the effect of policy decisions on financial markets. However, various previous studies have come up with different outcomes. The purpose of this study is to examine the impact of monetary policy on different asset classes (shares and bonds) in Pakistan. This study using stock price and bond yield as dependent variable and discount rate, money supply, inflation, and exchange rate are independent variables. Data of all variables have collected from 2010 to 2016, and Vector Autoregressive (VAR) technique has applied. The empirical results indicate that there is an impact of monetary policy components on both stock and bond market as an increase in policy rate causes decline in stocks prices and bonds yields. The findings of this study will help the potential investors in making long-term (in general) and short-term (in particular) investment strategies concerning monetary policy.DOI: 10.15408/sjie.v7i2.7099

The Long-Term Impact of Mobilization and Repression on Political Trust

2021 ◽  
pp. 001041402199717
Author(s):  
Scott W. Desposato ◽  
Gang Wang ◽  
Jason Y. Wu
Keyword(s):  
College Graduates ◽  
Central Government ◽  
Public Attitudes ◽  
Political Trust ◽  
Fuzzy Regression ◽  
State Repression ◽  
The Government ◽  
Long Term Impact ◽  
The Impact

Authoritarian regimes respond to threatening student movements with repression and censorship. In many cases, failed movements are effectively erased from public memory. Do such movements affect long-term attitudes? We use a survey of college graduates to measure the impact of a failed student movement. Some of our respondents began college immediately before a major protest; others started after the movement had been suppressed. Using a fuzzy regression discontinuity, we find that individuals who attended college during the movement are significantly less likely to trust the government, more than 25 years later, than individuals who enrolled after the protests. The effects are strongest for trust in the central government, and weakest for local government. These results are robust to a range of specifications, and show that the experience of mass mobilization and state repression can have a long-term impact on public attitudes, even if the event in question remains taboo.

The influence of inflation targeting on the pass-through effect of the exchange rate

2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova
Keyword(s):  
Developing Countries ◽  
Monetary Policy ◽  
Exchange Rate ◽  
Inflation Targeting ◽  
Policy Regime ◽  
Short And Long Term ◽  
The Exchange Rate ◽  
Pass Through ◽  
The Impact

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.

Financial and monetary policy of the State and its impact on the income level and poverty reduction in Russia

2020 ◽  
Vol 26 (5) ◽  
pp. 964-990
Author(s):  
N.I. Kulikov ◽  
V.L. Parkhomenko ◽  
Akun Anna Stefani Rozi Mobio
Keyword(s):  
Monetary Policy ◽  
Household Income ◽  
Poverty Reduction ◽  
The State ◽  
Financial Policy ◽  
Gdp Growth ◽  
Tax Rate ◽  
Gdp Growth Rate ◽  
The Government ◽  
The Impact

Subject. We assess the impact of tight financial and monetary policy of the government of the Russian Federation and the Bank of Russia on the level of household income and poverty reduction in Russia. Objectives. The purpose of the study is to analyze the results of financial and monetary policy in Russia and determine why the situation with household income and poverty has not changed for the recent six years, and the GDP growth rate in Russia is significantly lagging behind the global average. Methods. The study employs methods of analysis of scientific and information base, and synthesis of obtained data. The methodology and theoretical framework draw upon works of domestic and foreign scientists on economic and financial support to economy and population’s income. Results. We offer measures for liberalization of the financial and monetary policy of the government and the Central Bank to ensure changes in the structure of the Russian economy. The proposed alternative economic and financial policy of the State will enable the growth of real incomes of the population, poverty reduction by half by 2024, and annual GDP growth up to 6 per cent. Conclusions. It is crucial to change budget priorities, increase the salaries of public employees, introduce a progressive tax rate for individuals; to reduce the key rate to the value of annual inflation and limit the bank margin. The country needs a phased program to increase the population's income, which will ensure consumer demand.

KUALITAS LAYANAN KETERBUKAAN INFORMASI PUBLIK BERBASIS WEBPORTAL PADA PEJABAT PENGELOLA INFORMASI DAN DOKUMENTASI (PPID) KABUPATEN SLEMAN TAHUN 2019

2020 ◽  
Vol 3 (1) ◽  
pp. 55-66
Author(s):  
Coni Wanprala ◽  
Isnaini Muallidin ◽  
Dewi Sekar Kencono
Keyword(s):  
Information Disclosure ◽  
Central Government ◽  
Public Information ◽  
Descriptive Study ◽  
Field Observations ◽  
Public Agencies ◽  
The Public ◽  
Qualitative Descriptive ◽  
The Government ◽  
Data Collection Technique

At present the development of technology and information has reached a very rapid level. Technology and information are used as a service media in the government environment which is also known as e-Government, one of which is the service of public information disclosure. The central government through Law No. 14 of 2008 concerning Openness of Public Information, encourages all Public Agencies including the Sleman Regency Government to make transparency in the administration of the state by utilizing information technology. This research is a qualitative descriptive study which aims to describe the reality that occurs. The object of research in this study is the official website of the Information and Documentation Management Officer (PPID) of Sleman Regency with the domain https://ppid.slemankab.go.id then the Sleman Regency Communication and Informatics Office as the organizer of the public information disclosure program. The data collection technique itself is carried out by means of interviews, documentation studies, and field observations (observations). After collecting and presenting data, then the data will be reduced first then analyzed and concluded. From the results of the study, in general the researchers concluded that the Sleman Regency PPID website had reached the level of qualification to become a quality website, however there were still some improvements and evaluations that had to be done by the relevant agencies in order to be better, namely (i) the website was still being assessed as a one-way service (ii) There are still many OPDs that are not ready to implement PPID (iii) data and information are still not updated (iv) lack of responsiveness of services in requests for information.

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