Ajay Shah writing for the mass media (1997)
- The case for equity investment, 17 December 1997. kw - the equity premium, Nifty, index funds.
- Paradigm shift in computing, 3 December 1997. kw - moving away from development for Microsoft OS to developing for the Internet as the platform.
- Turbulence on the equity market, 19 November 1997. kw - International transmission of shocks, round the clock trading.
- Competition for order flow, 5 November 1997. kw - network externality of liquidity, NSE vs. BSE, interpreting one natural experiment where NSE closed down for a day.
- Stepping stones to fraud, 22 October 1997. kw - symptoms of fraud in fund management, and what we can do about it. ponzi schemes, leverage, free press.
- New directions in the markets, XX October 1997. kw - advice for the individual investor in the Diwali issue of Vyapar.
- Banks, DFIs and markets, 8 October 1997. kw - information intermediaries, banks vs. securities markets, venture capital, credit rating.
- Ethics and entry barriers, 24 September 1997. kw - low ethics generate high entry barriers, and high private returns to ethical behaviour, institutional development reduces requirement of personal trust and reputation for fairplay.
- One markets regulator or three?, XX September 1997. kw - FSA?.
- Equity derivatives: an interview, an interview which appeared in Business Standard on 15 September 1997. kw - L. C. Gupta committee, index futures, policy problems.
- Making sense of the rupee, 10 September 1997. kw - capital flows and not trade dominates the determination of exchange rates.
- Bombay : A centre for international finance?, 13 August 1997.
- Making sense of badla, appeared in Economic Times on 6 August 1997. kw - What is wrong with badla, and what we should do about it.
- The challenge at clearing, 6 August 1997. kw - novation at the clearing corporation, systemic integrity.
- Gains from (internal) trade, 23 July 1997. kw - gains from trade arguments applied to states within India.
- Derivatives in emerging markets, appeared in Economic Times on 1 July 1997.
- Innovations in financial products, 25 June 1997. kw - spiral of innovation in financial products, e.g. index funds, index futures, index options.
- What can we do about our cities?, XX June 1997. kw - urban infrastructure, transactions costs of being away from city centre.
- Competing exchanges: The international dimension, 18 June 1997. kw - Nikkei 225 and SIMEX, GDR market competing with India's stock markets, NDF market.
- On diversification by firms, 10 June 1997. kw - core competence versus diversification by firms.
- Capital account convertibility,
appeared in Economic Times on XX June 1997 in the context of
the Tarapore Committee.
- Why index derivatives matter, 14 May 1997. kw - rationale for index futures and options as opposed to individual stock products.
- Speculation is not a four letter word, 30 April 1997. kw - counterparty risk, market manipulation, insider trading.
- OTCEI: An interview, an interview with appeared in Business Standard on 13 January 1997. kw - OTCEI and what can be done to make it work.
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