-depth sector-wise analysis of the Indian economy to evaluate the independence of India's monetary policy from fiscal, external … dominance??? is the most acute for India. Supply shocks, hitting the economy due to structural bottlenecks, pose a major threat … range would be a feasible monetary policy option for India. …

this study, we propose an identification scheme for a developing economy (taking India as a case study), which is able to … capture the monetary transmission mechanism for that economy without giving rise to empirical anomalies. Using a VAR approach … only. This is in contrast with the ‘multiple indicator approach’ currently followed by the Reserve Bank of India (RBI). The …

Bank of India's adoption of inflation targeting in 2015 as a laboratory, we apply two different approaches to estimate a … credible commitment by the Reserve Bank of India. …

Bank of India’s adoption of inflation targeting in 2015 as a laboratory, we apply two different approaches to estimate a … commitment by the Reserve Bank of India …

Bank of India’s adoption of inflation targeting in 2015 as a laboratory, we apply two different approaches to estimate a … credible commitment by the Reserve Bank of India …