RESEARCH

Finding answers to relevant questions

Faculty at FLAME University enjoys enormous opportunities and avenues for cutting-edge research in their respective areas of specialization strengthening the vision, awareness and synergy of the inter-disciplinary approach of education.

Excellence achieved through this research, in turn, creates new learning and further enriches the diversity of knowledge by synthesizing and integrating insights from a range of disciplines. This unique academic cooperation between multiple disciplines does transcend the boundaries of disciplines, and results in an insightful and consequential research output. This process of creating synergy between excellence and diversity - a dynamic motion that advances academic learning through constant interconnectivity - is the basic driving force that refines education and research at the University.

Publications


journal
 SCOPUS® | Q2

journal
 SCOPUS®

book
 Award Winner

chapter
 Springer

Recent evidence shows that Indian economy is experiencing a slowdown in private investment. Even after a significant decline in interest rates over the last two years, credit growth, particularly industrial credit growth, and private investment have remained sluggish. We examine the link between monetary policy and private investment in India by applying mixed-frequency vector autoregressive (MIDAS-VAR) method to monthly yield on 91-day T-bill, a proxy for monetary policy tool on quarterly bank loans, private investment, and gross domestic product. Mixed-frequency regression analysis includes variables of different frequencies into the analysis without the need for aggregating the higher-frequency variables into lower-frequency ones. Converting higher-frequency variables into lower-frequency variables often referred to as temporal aggregation is known to have an adverse impact on statistical inferences. MIDAS performs better in recovering the causal relationships between variables released at different frequencies when compared to the conventional common low-frequency approach by allowing having heterogeneous impacts on a low-frequency variable within each low-frequency time period. The mixed-frequency analysis reveals an interesting mix of results linking the monetary policy to the private investment in India. A comparative analysis with single-frequency (quarterly) analysis underestimates the influence of monetary policy. The mixed-frequency approach, therefore, yields richer economic insights into India’s sluggish investment than the classical single-frequency approach.

chapter

This chapter considers a selection of novels from Pakistan and its diasporic writers that deal with nuclear weapons. The chapter outlines how novelists have responded in various ways to Pakistan’s 1998 nuclear armament. This analysis of literary and genre fiction demonstrates how the heterogeneous novelistic responses – a contentious mixture of pride, audacious hope, and fear – correspond to the political complexity of nuclearised Pakistan, as well as to the expansive metaphoric capacity of the image of ‘the bomb’.