December 2013
Intermediate to advanced
928 pages
28h 50m
English
book
Emerging Markets and the Global Economy
by Mohammed Hedi Arouri, Sabri Boubaker, Duc Khuong Nguyen
Content preview from Emerging Markets and the Global Economy
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Chapter 5
Understanding the Relationship Between Liquidity and Inflation in the Post Crisis Period in India: from Bank Dealers’ Perspectives
Rituparna Dasa and Michael C.S. Wongb, aCentre of Risk Management and Derivatives, National Law University, Jodhpur, India, bDepartment of Economics and Finance, College of Business, City University of Hong Kong, China
Abstract
The advent of liquidity as a matter of study and research in India may be traced back to the literature of the pre-crisis period on money supply which, having left its vestige until early 2010, revolved around macro-economic modeling of money, output, and prices with sporadic attention to issues such as endogeneity and multiplier. In 1998, the Third Working Group of the RBI ...
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