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Monetary Policy in India

Monetary Policy in India »

Source: Monetary Policy in India : Transmission to Bank Interest Rates

Volume/Issue: 2015/129

Series: IMF Working Papers

Author(s): Sonali Das

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2015

ISBN: 9781513598796

Keywords: Monetary policy transmission, deposit rates, monetary policy, interest, interest rates, lending, bank interest rates, Monetary Policy (Targets, Instruments, and Effects),

This paper provides new evidence on the credit channel of monetary policy transmission in India. Using stepwise estimation of vector error correction models, the analysis finds significant, albeit slow, pass-throug...

Monetary Policy in India
			: Transmission to Bank Interest Rates

Monetary Policy in India : Transmission to Bank Interest Rates »

Volume/Issue: 2015/129

Series: IMF Working Papers

Author(s): Sonali Das

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2015

DOI: http://dx.doi.org/10.5089/9781513598796.001

ISBN: 9781513598796

Keywords: Monetary policy transmission, deposit rates, monetary policy, interest, interest rates, lending, bank interest rates, Monetary Policy (Targets, Instruments, and Effects),

This paper provides new evidence on the credit channel of monetary policy transmission in India. Using stepwise estimation of vector error correction models, the analysis finds significant, albeit slow, pass-throug...