Domestic workers are one of the most unprotected groups of the global workforce in informal employment who remain outside the ambit of social security and legal protection. Despite their significant contribution to the economy and... more
Domestic workers are one of the most unprotected groups of the global workforce in informal employment who remain outside the ambit of social security and legal protection. Despite their significant contribution to the economy and society, they are often invisible and undervalued. The pre-existing adversities and vulnerabilities became all the more evident during the recent health crisis. While different groups of workers faced constraints to support their livelihood, the women domestic workers were hardest hit, facing total or near unemployment, job losses and economic distress. This paper attempts to analyse the impact of pandemic on the lives and livelihoods of female domestic workers in five Indian cities including Pune, Lucknow, Jhansi, Katni and Bhopal. The analytical findings from the random sample survey of 250 female domestic worker provides a temporal analysis of the impact of covid-19 on the nature of work, income, expenditure and consumption across the various cities of ...
A conflict is as scary as it is. But the biggest question economists and leaders have to grapple is about how to develop a sustainable economy following the end of that conflict, whether it be Syria or Afghanistan. This issue is very... more
A conflict is as scary as it is. But the biggest question economists and leaders have to grapple is about how to develop a sustainable economy following the end of that conflict, whether it be Syria or Afghanistan. This issue is very relevant in today's geopolitical scenario. This project tries to answer that question itself.
Are human beings always rational? Do they always use the maximum of their cognitive capacities when making important decisions regarding their finances and investment options? Do emotions and biases interfere with one’s capacity of making... more
Are human beings always rational? Do they always use the maximum of their cognitive capacities when making important decisions regarding their finances and investment options? Do emotions and biases interfere with one’s capacity of making investment decisions? Are people’s risk tolerance influenced by their psychological properties? These are only a few of the questions that the subject of behavioral finance addresses. Taking the principles from sociology, psychology, and finances, behavioral finance has contributed to the understanding that humans are irrational and their investment decisions are influenced by various behavioral biases and emotions. The present paper aims to understand the specific influences of gender, personality traits, and cultural factors on the investment decisions of people through a review of existing research literature. The findings imply that rather than considering the factors as brought to the forefront by behavioral finance like gender, personality, c...
