A Novel Information Extraction Approach Employing Hierarchical Clustering Techniques with A Focus on Attribute Similarity Values

Data mining technique developed in vast manner. It mainly used over in information retrieval, information filtering, Data retrieval techniques. In scientific world data mining techniques used over in hospital management, Schools, colleges, public libraries, shopping complexes, space research foundation. Data Mining refers to extracting the information. Many Algorithms are used over in Data mining area. Agglomerative hierarchical technique uses top down approach. Certain arrangements are made over in this algorithm in hierarchical manner. Hierarchical algorithm mainly used for time consuming process

The Effectiveness of Central Bank Intervention in the Foreign Exchange Market: Evidence from India

This thesis empirically analyzes the effectiveness of RBI intervention in the foreign exchange market. The study framed two objectives related to the central bank intervention. The first objective deals with analyzing the effectiveness of RBI intervention on exchange rate level and volatility. And the second deals with the relevance of asymmetric intervention on exchange rate level and volatility. Using monthly data from July 1995 to July 2013 and GARCH methodology, the thesis empirically estimates two models. First model estimates the effect intervention on the exchange rate level and volatility by measuring intervention as net purchases of US dollar by the RBI. In second model included both purchases and sales of US dollar as a proxy the intervention to analyze the effect of asymmetric intervention on exchange rate level and volatility. The empirical findings suggest that the RBI intervention is not effective in influencing the level of Rupee/USD exchange rate. However, the study found that the RBI intervention is effective in reducing the volatility. The empirical findings also show that intervention by purchase of USD by RBI significantly reduces volatility whereas intervention by sales significantly increases volatility in exchange rate. These findings confirm the asymmetric effect of intervention in exchange rate volatility in the Indian context

Impact of Government Investments in Education on the Growth of its Economy: A Study of 33 OECD Countries through Panel Co-integration

<p><strong>Abstract: </strong>This study aims at looking into the long-term impact of a country's governmental expenditure in education on its economic development. It was carried out using the data obtained from 33 OECD countries over a 20-year period starting 1995. The data were analyzed through a combination of tests including such tests as Panel Unit Root and Panel Cointegration and estimators such as Fully Modified Ordinary Least Squares and Dynamic Ordinary Least Squares. The results show a positive correlation between the two, and even the findings drawn from the FMOLS and DOLS estimators show that the relationship is positive and significant.</p><p><strong>Keywords: </strong>Government Expenditure on Education, Economic Growth, OECD, Panel Data, Cointegration, OECD</p><p><strong>JEL Classification Number: </strong>H52, I25</p&gt