41,597 research outputs found
Resolving Non-performing Assets of the Indian Banking System
This paper reviews the nature of non-performing assets in the Indian banking system and discusses the key design features that would be important for the Asset Reconstruction Companies to play an effective role in resolving such non-performing assets.
A Novel Genetic Algorithm using Helper Objectives for the 0-1 Knapsack Problem
The 0-1 knapsack problem is a well-known combinatorial optimisation problem.
Approximation algorithms have been designed for solving it and they return
provably good solutions within polynomial time. On the other hand, genetic
algorithms are well suited for solving the knapsack problem and they find
reasonably good solutions quickly. A naturally arising question is whether
genetic algorithms are able to find solutions as good as approximation
algorithms do. This paper presents a novel multi-objective optimisation genetic
algorithm for solving the 0-1 knapsack problem. Experiment results show that
the new algorithm outperforms its rivals, the greedy algorithm, mixed strategy
genetic algorithm, and greedy algorithm + mixed strategy genetic algorithm
Budget Formulation and Implementation in Korea: A Macroeconomic Perspective
This paper describes the main featues of the Korean fiscal system from a macroeconomic perspective. It discusses why fiscal outtrns tend to differ from the budget and makes suggestions to improve budget formulation and implementation. It also discusses how medium-term fiscal objectives such as maintaining a balanced budget and reducing public debt can be reconciled with the short-term objective of avoiding procyclical fiscal impulses in a downtun.
Turkey - Inflation and the Distribution of Income
During the inflationary process, prices, wages, and interest rates are all rising. In this panorama of movement in relative and absolute prices, are there systematic changes that have a predictable effect on the distribution of income? Chronically high inflation has often been blamed for making income distribution less equal in Turkey. This paper attempts to present some evidence. It seeks to determine the impact of inflationary processes on the economic well being of different income classes through both expenditure effects and income effects.
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