Subtleties in the Standoff

Romar Correa

Fiscaoeconomia, 2018, issue 2

Abstract: We reflect on the issues raised by the recent faceoff between the Reserve Bank of India (RBI) and the Indian government over the short-term interest rate. Our conclusion is that the policy space must be enlarged and the set of outcomes specified in order for meaningful dialogue to be conducted between the two entities.

Keywords: A; Quantity; Trap (search for similar items in EconPapers)
JEL-codes: E12 E58 E61 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:180206

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