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The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro area, finding that (i) bank loan supply responds negatively to declines in bank soundness; (ii) a...
Persistent link: https://www.econbiz.de/10005825755
In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of … time-series of inflation in India. [NIPFP WP No. 54]. …
Persistent link: https://www.econbiz.de/10005528145
consumption volatility. Calibration of the model for pre and post financial reform in India provides support for the model's key …
Persistent link: https://www.econbiz.de/10010790416