Wednesday, March 20, 2013

25 March 2013: Efficacy of Monetary Policy Rules for India

Deepak Mohanty
Reserve Bank of India

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.

Date: March 25, 2013
Time: 03:15 P.M.

Economics Lecture Theatre
Department of Economics,
Delhi School of Economics,
New Delhi-110007(INDIA)


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