Monetary Policy and Credit Demand in India and Some EMEs

Preprint OPEN
B L Pandit; Pankaj Vashisht;
  • Subject: India, monetary policy
    • jel: jel:O23

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after ruling out the presence of unit roots. The results show that when oth... View more
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