Title Monetary Transmission in Developing Countries.

Descript 1 online resource (69) Contents Cover; Contents; I. Introduction; II. Capital Account Regime, Exchange Rate Regime, and Domestic Financial Structure; A. Macroeconomic Factors; III. Monetary Policy Instruments in India; A. Price Based Instruments: Repo and Reverse Repo; B. Quantity Based Instruments: CRR and SLR; C. Alternative Measures of Stance of Monetary Policy; IV. Empirical Methodology; V. Results; A. Main Results; B. Robustness Checks; VI. Conclusions; References; Figures; 1a. De Jure Indicator of Capital Account Openness; 1b. Cross Country Comparison of De Jure Openness; 2a. Gross Capital Flows to India. 2b. Size and Composition of Net Capital Flows to India3. Gross Capital Flows to Emerging Markets; 4. India: Rupee/Dollar Rate; 5. Financial Frictions, Monopoly Power, and Monetary Transmission; 6. Monetary Policy: Price Instruments; 7. Monetary Policy: Quantity Instruments; 8. Monetary Policy: Quantity and Price Instruments; 9. Overall Stance of Monetary Policy: First Principal Component; 10. Overall Stance of Monetary Policy: Score Based Methodology; 11. Response to Cholesky One S.D. Innovations +/- 1 S.E.: Repo Rate (Ordered First). 12. Response to Cholesky One S.D. Innovations +/- 1 S.E.: Average of Repo and Reverse Repo Rates (Ordered First)13. Response to Cholesky One S.D. Innovations +/- 1 S.E: Sum of CRR and SLR (Ordered First); 14. Response to Cholesky One S.D. Innovations +/- 1 S.E: Composite Monetary Policy Stance (Ordered First); 15. Response to Cholesky One S.D. Innovations +/- 1 S.E: Repo Rate (Ordered Last); 16. Response to Cholesky One S.D. Innovations +/- 1 S.E: Average of Repo and Reverse Repo Rates (Ordered Last); 17. Response to Cholesky One S.D. Innovations +/- 1 S.E: Sum of CRR and SLR (Ordered Last). 18. Response to Cholesky One S.D. Innovations +/- 1 S.E: Composite Monetary Policy Stance (Ordered Last)Tables; 1. India: Indicators of Institutional Quality; 2. India. Indicators of Financial Development; 3. Unit Root Tests for Endogenous Variables; Appendix. Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - Worldwide Subject Transmission mechanism (Monetary policy) -- India. Foreign exchange -- India. Foreign exchange. (OCoLC)fst00931768 Transmission mechanism (Monetary policy) (OCoLC)fst01154862 India. (OCoLC)fst01210276 ISBN 147553440X (ebk) 9781475534405 (electronic bk.) 147553356X