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Monetary Policy in India - A Modern Macroeconomic Perspective (Hardcover, 1st ed. 2016)
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Monetary Policy in India - A Modern Macroeconomic Perspective (Hardcover, 1st ed. 2016)
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This book presents research that applies contemporary monetary
theory and state-of-the-art econometric methods to the analysis of
the monetary and financial aspects of the Indian economy and the
impact of monetary policy on economic performance. Indian monetary
policy has attracted significant attention from Indian and
international macroeconomists over the last several years. Interest
in how monetary policy influences economic performance and how
monetary policy is conducted in India is growing. The prospects for
further financial sector reform and ongoing inflation in India have
sparked new interest in the role of money and monetary policy in
India among economists, policy makers and students alike. The book
should also interest economists outside India because it studies
monetary economics in a major emerging market economy and makes
advances in the analysis of how financial market imperfections and
structural constraints influence the effects of monetary policy.
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