Alternative Monetary Policy Rules for India /

This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to analytically informing the conduct of monetary policy. The results show that forward-looking formulations of bot...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Kapur, Muneesh
Awduron Eraill: Patra, Michael
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/118
Mynediad Ar-lein:Full text available on IMF