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Evidence of Interest Rate Channel of Monetary Policy Transmission in India by Nitish Sikand is a document available to read on EtoBox.
Following a quarterly structural vector auto-regression (SVAR) model, RBI found evidence that policy rate increases have a negative effect on output growth with a lag of two quarters and a moderating impact on inflation with a lag of three quarters
- Author
- Nitish Sikand
- Language
- EN