Monetary Policy and Corporate Behavior in India.
The paper examines the association and corporate behavior for a sample of manufacturing firms in India for the post-reform period 1992-2003. The findings suggest that a contractionary monetary policy lowers overall debt including bank debt, although the lagged response is positive, and listed firms...
Institution som forfatter: | |
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2005.
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Serier: | IMF Working Papers; Working Paper ;
No. 2005/025 |
Online adgang: | Full text available on IMF |