This paper challenges two clichés that have dominated the macroeconometric debates in India. One relates to the … determinants of rates of interest in India for the periods 1980-81 and 2011-12, using the maximum entropy bootstrap (Meboot …

The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in … the consequences of such policy measures in India, particularly during the period of the global recession. Not only did … India, this paper concludes that such monetarist policy measures have been responsible for stagnation, with a rise in price …

examines whether there is any evidence of the fiscal deficit determining the interest rate in the context of India. The period … determination in India, especially since the central bank has cited the high fiscal deficit as the prime reason for leaving the …

Despite the initiatives of the Finance Commission of India, fiscal performance has been deteriorating and increasingly …