India : Asset Prices and the Macroeconomy /
This paper examines rising asset prices in India. For the most part, asset prices in India reflect structural factors but the risk of a correction cannot be ruled out. However, at this juncture monetary policy may not be the most effective tool to safeguard financial stability because (i) India'...
Autore principale: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2007.
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Serie: | IMF Working Papers; Working Paper ;
No. 2007/221 |
Accesso online: | Full text available on IMF |