Monetary Transmission in Developing Countries : Evidence from India

Evidence from India

Monetary Transmission in Developing Countries : Evidence from India
We examine the strength of monetary transmission in India, using a conventional structural VAR methodology. We find that a tightening of monetary policy is associated with a significant increase in bank lending rates and conventional effects on the exchange rate, though pass-through to lending rates is only partial and exchange rate effects are... READ MORE...

Publication date: August 2016
ISBN 9781475523966
$18.00

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