Centre for Development Economics
and
Department of Economics, Delhi School of Economics

ANNOUNCE A SEMINAR

Efficacy of Monetary Policy Rules for India

by

Deepak Mohanty

Reserve Bank of India

Monday, 25th March 2013 at 3:15 PM

Venue : Economics Lecture Theatre
Department of Economics, Delhi School of Economics

All are cordially invited

Abstract

In this paper I estimate three alternative forms of Taylor Rule for India.  In view of the increasing market orientation of monetary policy with the repo rate emerging as the single policy rate to signal the stance of monetary policy, I leave with the thought whether conditions are appropriate for a move towards a rule based monetary policy in India.

 

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