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The dynamics of the monetary system is undergoing significant changes in India. The entire concept and flow of money …
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, price, and output in India using simultaneous equations system keeping in view the issue of endogeneity …
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The recent advent of the era of Inflation Targeting in India’s monetary policy is symbolic of a rule based approach to … and discrete, monetary policy arrangement proves to be inimical to India’s economic growth considering structural factors … approach driven by the need to target inflation makes this relationship all the more pertinent and consequential to India …
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