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Monetary Transmission in Post-Reform India

An Evaluation

Datos Bibliográficos

ID12549690
AutoresKanhaiya Singh (0000-0002-4126-9618, National Council of Applied Economic Research, autor de correspondencia), Kaliappa Kalirajan (0000-0003-3427-3384, Foundation for Advanced Studies on International Development)
Año2007
Volumen12
Número2
Páginas158-187
Fecha de publicación2007-04-03
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaJournal of the Asia Pacific Economy (JOURNAL)
Identificadores de la revistaISSN: 1354-7860 • E-ISSN: 1469-9648
EditorialRoutledge (PUBLISHER • GB)
DOI10.1080/13547860701252371
OpenAlexW2021909125
IdiomaEN
Citas recibidas5
Referencias citadas20

In the post-reform period, the monetary policy of India has been undergoing various transformations. The emphasis is shifting from conventional instruments of price and quantity control to a more sophisticated route of monetary transmission. Using the recent econometric methodology of cointegrated vector autoregression with generalized restrictions, this study has attempted to examine whether monetary policy in India does work through interest rates in the post-reform period. The long-run relationship and the short-run dynamics suggest an important role for the interest rate

Credit channel · Economics · Inflation targeting · Interest rate · Interest rate channel · Macroeconomics · Monetary economics · Monetary policy · Vector autoregression · Work (physics · Economic Theory and Policy · Market Dynamics and Volatility · Monetary Policy and Economic Impact

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Obras citantes distintas5
Citas por año1,67
Intervalo de citas2023 - 2025 (3)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 5
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