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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Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2012.
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Serie: | IMF Working Papers; Working Paper ;
No. 2012/118 |
Länkar: | Full text available on IMF |