Archive for March, 2011

What we need are I-O, F-O-F,SAM

March 25, 2011

What we need are the flow of funds, input output statistics and a suitably  equipped social accounting matrix in real time.

The flow of funds would be a data cube with to from sectors on the x and y axis and instruments on the z.  Not just row and column totals as we are given today.


Informal finance

March 25, 2011

My informant tells me:  The advanced amount is less than the loan amount.  For a loan of Rs 10,000, the financer will advance Rs 9000.  Then he will recoup the principal plus interest amounting to Rs 10,000 (Rs 9000 principal +Rs 1000 interest) over the period of 100 days at Rs 100 per day.  The Rs 1000 interest on a borrowing of Rs 9000 for 100 days works out to a rate of  xxx% p.a.

For a loan of Rs 1000, the interest is Rs 100 over 100 days.

So, what’s your racket?

March 24, 2011

So, what’s your racket?

Data gap?

March 18, 2011

As far as I can see, The US balance of payments does not give unilateral transfers debit and credit, but only net unilateral transfers.  Why is this so?  Why does the US think it is exempt from international standards?

Beer has gone up

March 12, 2011

Kingfisher 330 ml Rs 55 at Darshan Bar, Murgeshpalya, 560 037