A MONETARY BUSINESS CYCLE MODEL FOR INDIA.
A New Keynesian monetary business cycle model is constructed to study why monetary transmission in India is weak. Our models feature banking and financial sector frictions as well as an informal sector. The predominant channel of monetary transmission is a credit channel. Our main finding is that ba...
| Publicado en: | Economic Inquiry Vol. 58; no. 3; pp. 1362 - 1387 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jul2020
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |