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...

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Xehetasun bibliografikoak
Egile nagusia: Kapur, Muneesh
Beste egile batzuk: Patra, Michael
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/118
Sarrera elektronikoa:Full text available on IMF