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In order to study the volatility spillovers / the transfer of volatilities from spot and futures markets for the period 1st January 2001 to 30th November 2005 with high frequency data i.e., one minute intervals, we have used GARCH models to compute volatilities and VAR models for the returns of...
Persistent link: https://www.econbiz.de/10013131718
This paper outlines the key features of the production version of the quarterly projection model (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case, for generating forecasts and risk assessment as well as conducting policy analysis. QPM incorporates...
Persistent link: https://www.econbiz.de/10012960572
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other...
Persistent link: https://www.econbiz.de/10012960575
This paper examines the impact of payment technology on seasonality in currency in circulation. We specify that total … expression of currency growth. In contrast to linear dummy variable models that reflect fixed seasonality, our theoretical … results reflect gradually decaying seasonal coefficients over time and suggest that in the long-run growth-in currency …
Persistent link: https://www.econbiz.de/10013019778
Oilseed crops contribute 13 % of the country's gross cropped area and 10 per cent of the value of all agricultural produce. Groundnut is the major oilseed crop accounting about 30 per cent of the total oilseeds cropped area in the country with a production share of near about 36 per cent. Prices...
Persistent link: https://www.econbiz.de/10012912411
This paper studies the role of the real money gap - the deviation of real money balance from its long-run equilibrium level - for predicting inflation in India. Using quarterly data on manufacturing inflation from 1982 to 2007, we find that the real money gap is a significant predictor of...
Persistent link: https://www.econbiz.de/10014217095
-loyalty for both Pakistani and Indian Banks. The study was conducted on 800 respondents who were users of internet banking … 400 Pakistani who had been availed internet banking services. The theoretical model was assessed using the PLS … more on the internet banking services for customer loyalty. The study found overall significant relationship in both India …
Persistent link: https://www.econbiz.de/10014581569
Persistent link: https://www.econbiz.de/10012384748
This paper examines whether the Indian banking system is robust to withstand unexpected shocks from external and … domestic macroeconomic factors. Demirguc et al (1998) Kaminsky et al (1999) demonstrate that banking crisis follow financial …
Persistent link: https://www.econbiz.de/10012936159
This paper will put forward a number of economic considerations raised by the Russia-Ukraine conflict with the external strong participation, on the side of the latter, of the United States and its NATO allies. We begin with some observations regarding the United States, followed by the...
Persistent link: https://www.econbiz.de/10014550852