Monetary Transmission in Developing Countries : Evidence from India /

We examine the strength of monetary transmission in India, using a conventional structural VAR methodology. We find that a tightening of monetary policy is associated with a significant increase in bank lending rates and conventional effects on the exchange rate, though pass-through to lending rates...

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Detalhes bibliográficos
Autor principal: Mishra, Prachi
Outros Autores: Montiel, Peter, Sengupta, Rajeswari
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:IMF Working Papers; Working Paper ; No. 2016/167
Acesso em linha:Full text available on IMF