Non-recurrence sets for weakly mixing linear dynamical systems

We study non-recurrence sets for weakly mixing dynamical systems by using linear dynamical systems. These are systems consisting of a bounded linear operator acting on a separable complex Banach space X, which becomes a probability space when endowed with a non-degenerate Gaussian measure. We generalize some recent results of Bergelson, del Junco, Lema\'nczyk and Rosenblatt, and show in particular that sets \{n_k\} such that n_{k+1}/{n_k} tends to infinity, or such that n_{k} divides n_{k+1} for each k, are non-recurrence sets for weakly mixing linear dynamical systems. We also give examples, for each r, of r-Bohr sets which are non-recurrence sets for some weakly mixing systems

Rural Perspective towards Financial Inclusion

Financial Inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. For the purpose of giving such financial services in easy and convenient way government has developed many financial plans in the rural areas. These plans are helpful for people who want to access financial services. The availability of banking and payment services to the entire population without discrimination is the prime objective of this public policy. Thus the term Financial Inclusion can be defined as the process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups at an affordable cost. The nations should takeover and remedy to reach the financial services to the weaker sections. So, this study has been undertaken to analyse the prospects of financial inclusion in rural areas.Keywords. Bank, Financial Services, Financial Inclusion, Rural Perspective.JEL. G20, G29, G30

How square is the policy frontier ?

This paper assesses the implications of discounting on a result derived by Bean (1998): that in a model of monetary policy where policy acts with a lag, the outcomes of monetary policy are very similar for a wide range of weightings of the (non-discounting) monetary authority's objective function, with respect to inflation stability versus output stability. We show that when the authority discounts the future, outcomes become more sensitive to preferences, and that it is important to take the discount rate into account when examining the question of how the authority's remit should be specified.

Growth and labour markets in developing countries

In middle-income countries, the informal sector often accounts for a substantial fraction of urban employment. We develop a general equilibrium model with matching frictions in the urban labour market, the possibility of self-employment in the informal sector, and scope for rural-urban migration. We investigate the effects of different types of growth on wages and the informal sector, and the extent to which labour market institutions can influence aggregate productivity. We quantify these effects by calibrating the model to data for Mexico, a country with a sizeable informal sector and significant labour market rigidities.informal sector, urban unemployment, dual economies, matching frictions

Growth and labour markets in developing countries

In middle-income countries, the informal sector often accounts for a substantial fraction of urban employment. We develop a general equilibrium model with matching frictions in the urban labour market, the possibility of self-employment in the informal sector, and scope for rural-urban migration. We investigate the effects of different types of growth on wages and the informal sector, and the extent to which labour market institutions can influence aggregate productivity. We quantify these effects by calibrating the model to data for Mexico, a country with a sizeable informal sector and significant labour market rigidities.

Optimal Fiscal Policy Rules in a Monetary Union

This paper investigates the importance of ?scal policy in providing macroeconomic stabilisation in a monetary union. We use a microfounded New Keynesian model of a monetary union which incorporates persistence in in?ation and non-Ricardian consumers, and derive optimal simple rules for ?scal authorities. We ?nd that ?scal policy can play an important role in reacting to in?ation, output and the terms of trade, but that not much is lost if national ?scal policy is restricted to react, on the one hand, to national di?erences in in?ation and, on the other hand, to either national di?erences in output or changes in the terms of trade. However, welfare is reduced if national ?scal policy responds only to output, ignoring in?ation.Optimal monetary and fiscal policies, Monetary union, Simple rules