Volume : V, Issue : XI, November - 2015

The Effectiveness of Monetary Policy in India: An ARDL Analysis of Cointegration

Asghar Osatieraghi

Abstract :

<p> T The present study analyzes the effectiveness of monetary policy in India over the period 1991:M4– 2014:M9 using Autoregressive Distributed Lag (ARDL) cointegration framework. From analysis, it has been observed that tmonetary policy is effective to control both prices and output in long–run as well as in short–run.</p>

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Asghar OsatiEraghi / The Effectiveness of Monetary Policy in India: An ARDL Analysis of Cointegration / Indian Journal of Applied Research, Vol.5, Issue : 11, November 2015


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