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IIMB Management Review

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Bayesian Approach to Monetary Transmission Policy of India

Monetary policy affects the economy. It is essential to evaluate what the stance of monetary policy is at a particular point in time. Even, if RBI's policy instrument is low, monetary policy may well be restrictive because of the effects of monetary policy on other asset prices and quantities. The primary objective of this proposal is to analyze and examine the monetary transmission policy mechanism in India.

Project Team
Pulak Ghosh
Sponsor
Reserve Bank of India
Select Project Type
Ongoing Projects
Project Status
Ongoing (Initiated in 2012)
Funded Projects Functional Area
Decision Sciences
Information Systems

Bayesian Approach to Monetary Transmission Policy of India

Project Team: Pulak Ghosh
Sponsor: Reserve Bank of India
Project Status: Ongoing (Initiated in 2012)
Area: Decision Sciences
Abstract:

Monetary policy affects the economy. It is essential to evaluate what the stance of monetary policy is at a particular point in time. Even, if RBI's policy instrument is low, monetary policy may well be restrictive because of the effects of monetary policy on other asset prices and quantities. The primary objective of this proposal is to analyze and examine the monetary transmission policy mechanism in India.