Results 251 to 260 of about 192,629 (300)

Signalling Instruments of Monetary Policy: The Indian Experience

Journal of Quantitative Economics, 2005
The effectiveness of monetary policy hinges on the ability of the monetary authority to communicate with the public in a clear and transparent manner. In this regard, the signalling of policy assumes key importance as it conveys the stance of monetary policy.
Indranil Bhattacharyya, Rudra Sensarma
openaire   +1 more source

Money market microstructure and monetary policy: the Indian experience

Macroeconomics and Finance in Emerging Market Economies, 2009
Money market microstructure has recently started drawing attention in the empirical literature on financial markets of emerging market economies. In the Indian context, a GARCH(1, 1) model shows that policy instruments impact bid–ask spreads in the money market.
Indranil Bhattacharyya, Mohua Roy, Himanshu Joshi, Michael D. Patra   +3 more
openaire   +1 more source

Spillover effects of the US monetary policy on the Indian trilemma

International Journal of Emerging Markets, 2021
PurposeThe purpose of this paper is to investigate the impact of the US unconventional monetary policy surprises on the management of trilemma in India.Design/methodology/approachThis paper uses the event study approach along with OLS and MANOVA to examine the impact.FindingsThe results validate the existence of trilemma in India for the period from ...
Harpreet Singh Grewal, Pushpa Trivedi
openaire   +1 more source

Evolution of monetary policy approaches: A case study of Indian economy

Journal of Public Affairs, 2020
The monetary policy framework of India has undergone several transformations reflecting underlying macroeconomic and financial conditions as also the dominant socio‐politico‐economic paradigm. The present study makes pertinent commentary notes on different monetary policy approaches, including, for instance, the era of development planning, the era of ...
Masudul Hasan Adil, Niranjan Rajadhyaksha   +1 more
openaire   +1 more source

Monetary Policy Pass-through, Ownership and Crisis: How Robust is the Indian Evidence?

Margin: The Journal of Applied Economic Research, 2021
Employing disaggregated data for 2001–2016, this study investigates the lending and loan pricing behaviour of state-owned and domestic private banks in response to monetary policy. Three major findings emerge. First, although both the interest rate and the bank lending channels are relevant for monetary pass-through, there is a trade-off: the impact ...
Jugnu Ansari, Saibal Ghosh
openaire   +1 more source

Indian Monetary Policy in the Time of Inflation Targeting and Demonetization

Asian Economic Policy Review, 2018
This paper provides a narrative of Indian monetary policy since the North Atlantic Financial Crisis (NAFC) in the mid‐2008 till the current period. The period 2009–2013 was dominated by the joint monetary and fiscal stimuli of the Indian authorities prompted by the NAFC.
Rakesh Mohan, Partha Ray
openaire   +1 more source

The Impact of the Indian Monetary Policy and the Official Exchange Rate of Nepalese Monetary Policy [PDF]

NRB Economic Review, 1998
Hypothesis testing identifies a set of significant variables that appear to influence Nepal's monetary policy. After finding a structural break in 1989 (in line with the political regime shift), lagged Indian monetary base and the official exchange rate have respective negative and positive effects on Nepalese monetary base growth.
openaire  

Indian G-Sec Market : How the Term Structure Reacts to Monetary Policy [PDF]

, 2009
Against the backdrop of interest rate risk in the fixed income portfolios of the financial institutions in India that arose since the first quarter of the current financial year 2008-09 the influence of monetary policy on the term structure emerged as an important issue for research purposes. In this context the findings in this paper are (i) strongest
openaire   +1 more source

Capital account liberalization and conduct of monetary policy: the Indian experience

Macroeconomics and Finance in Emerging Market Economies, 2009
The distinguishing feature of our overall reform process initiated in the early 1990s has been the acceleration in growth while maintaining price and financial stability even in the face of large and repeated domestic and foreign shocks. This successful outcome can be attributed, inter alia, to our calibrated and cautious approach to capital account ...
openaire   +1 more source

Firm characteristics, financial composition and response to monetary policy [PDF]

Journal of Indian Business Research, 2010
PurposeThe purpose of this paper is to examine the evidence for credit channel on the composition of corporate finance during tight and loose periods of monetary policy, using micro‐level data on Indian firms for 1995‐2007.Design/methodology/approachUnivariate tests as well as panel regression techniques were employed to examine the response of firms ...
openaire   +1 more source