Indian Economy: Empirical Analysis On Monetary And Financial Issues In India (ePub)

India's financial sector has undergone significant changes following the start of the economic liberalization in the early 1990s. In addition to providing important information on monetary and financial issues in India, this book also provides examples to analyze a developing economy by using macro-financial data. The book also focuses on three main topics, that is, monetary policy, financial markets and finance-poverty nexus, and provides new insights into these issues by applying some recently developed quantitative techniques.Contents:

Introduction
Monetary Policy in India

An Empirical Analysis of the Money Demand Function in India
Financial Variables as Policy Indicators: Empirical Evidence from India
Is India Ready to Adopt a Policy Framework Targeting Inflation?

Financial Markets in India:

Causal Relationships in Mean and Variance between Stock Returns and Foreign Institutional Investment in India
Market Efficiency of Commodity Futures in India
What are the Sources of Real and Nominal Exchange Rate Fluctuations? Evidence from SVAR Analysis for India

Financial Development and Poverty Alleviation in India:

How Has Financial Deepening Affected Poverty Reduction in India?
Financial Inclusion and Poverty Alleviation in India
Concluding Remarks: Monetary Policy and Financial Sector for Sustainable Economic Growth and Poverty Reduction



Readership: Graduate students and researchers who are interested in understanding monetary and financial issues in India, from a macroeconomic viewpoint.
Key Features:


Application of econometric methods to analyze a developing economy
Key information on monetary and financial issues in India
Suggestions to alleviate poverty in the country