Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

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Faculty

Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

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IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

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About IIMB

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

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Journal Article: 'Financial market segmentation and choice of exchange rate regimes' - Chetan Subramanian & Vipul Mathur

Abstract: We study the choice of exchange rate regime in a small open economy with segmented asset markets subjected to financial sector shocks. We show that the state-contingent optimal policy facilitates risk sharing between asset market participants and non-participants, and is countercyclical. Our results establish that contrary to existing literature, flexible exchange rates mimic optimal policy and welfare dominates fixed exchange rates.

Authors’ Name: Vipul Mathur & Chetan Subramanian

URL: http://www.sciencedirect.com/science/article/pii/S0165176516300647

Journal: Economics Letters

Volume, Issue, Page Numbers: Volume 142, May 2016, Pages 78–82

Journal Article: 'Financial market segmentation and choice of exchange rate regimes' - Chetan Subramanian & Vipul Mathur

Abstract: We study the choice of exchange rate regime in a small open economy with segmented asset markets subjected to financial sector shocks. We show that the state-contingent optimal policy facilitates risk sharing between asset market participants and non-participants, and is countercyclical. Our results establish that contrary to existing literature, flexible exchange rates mimic optimal policy and welfare dominates fixed exchange rates.

Authors’ Name: Vipul Mathur & Chetan Subramanian

URL: http://www.sciencedirect.com/science/article/pii/S0165176516300647

Journal: Economics Letters

Volume, Issue, Page Numbers: Volume 142, May 2016, Pages 78–82