A SVAR Approach to Evaluation of Monetary Policy in India

Published By: Indira Gandhi Institute of Developmental Research | Published Date: June, 01 , 2015

This paper rediscovers the efficacy of K&R contemporaneous restriction (customized for the Indian economy which is a developing G20 nation unlike advanced G6 nations that K&R worked with) especially when compared with the recursive structure (which is plagued by price puzzle and exchange rate puzzle).

Author(s): William Barnett | Posted on: May 02, 2016 | Views() | Download (114)


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