rates and capital account openness - the trilemma. This paper calculates a trilemma index for India and investigates its …

regime supported by capital controls. Another major exception is India. It is not clear how to characterize the monetary … regime or identify the nominal monetary anchor in India. Is central bank policy in India following a predictable rule that is … financial liberalization in India? To address these points, we investigate monetary policy regime change in India using a Markov …

focused on tail events, which yields evidence on these questions. The results, for India, do not suggest that financial …

focused on tail events, which yields evidence on these questions. The results, for India, do not suggest that financial …