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India and Pakistan using the Structural Vector Auto Regression (SVAR) approach. The results of econometric analysis support …
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This paper examines monetary transmission mechanism for India in the context of a small macro model using quarterly … comparable to that in major advanced and emerging economies; however, the evidence for both India and other countries suggest … alternative measures of real interest rate. Despite the monetary tightening by Reserve Bank of India during 2010 and 2011 …
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This paper examines the operation of credit channel of monetary policy transmission in India during the post …
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Keeping in view the financial sector reforms and introduction of a number of financial innovations, the present study empirically examines the efficacy of monetary policy in achieving its objective of price stability and growth in the post-1999 era. Unlike the conventional method of using the...
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