Unconventional monetary policy in emerging markets
Ashima Goyal
Macroeconomics and Finance in Emerging Market Economies, 2016, vol. 9, issue 2, 101-108
Abstract:
Channels of monetary transmission likely to work in an emerging market (EM) are presented. The Indian accommodative policy cycle, and the papers in this special issue, is used to analyse unconventional aspects of EM monetary policy. It is argued that conditions used to justify unconventional monetary policy in advanced economies routinely hold in EMs.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:taf:macfem:v:9:y:2016:i:2:p:101-108
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DOI: 10.1080/17520843.2016.1180835
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Macroeconomics and Finance in Emerging Market Economies is currently edited by Subrata Sarkar and Ashima Goyal
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