Archive for February 10th, 2011

Four questions related to Japan’s economy

February 10, 2011

Another excellent speech by BoJ chief- Masaaki Shirakawa.

He says he is asked 4 broad qs wrt Japanese economy in most meetings with press/policymakers:

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Indian Banks should nudge to improve pensions planning for employees

February 10, 2011

RBI in this notice points  that there has been a change in Payment of Gratuity Act 1972. Under the act, people are eligible for pensions. However, as it happens in most pension cases, people did not choose to opt for the pensions. I am guessing a large% did not choose the pension plan just based on previous such studies.

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Getting fit – the Behavioral economics way or Chinese way?

February 10, 2011

This Boston newspaper article highlighted a new idea to improve fitness levels – Gym-pact. This is the second variant of the original idea based on behavioral economics.

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