An autonomous research institute under the Ministry of Finance

 

Lectures on "Monetary policy transmission: Channels, method of estimation and real world issues", 23rd and 25th November 2017

NIPFP faculty member, Dr. Rudrani Bhattacharya delivered two lectures on the broad topic titled, "Monetary policy transmission: Channels, method of estimation and real world issues" on 23rd November, 2017 and 25th November, 2017, at the Doon University, Dehradun.

 

 

The presentation included the following topics: Transmission mechanism of monetary policy (MPT); Estimation of monetary policy transmission; Effectiveness of monetary policy; Degree of transmission: Developed vs. developing economies; Financial development and MPT; Performance of monetary policy under discretion vs. rules; Evolution of rule based monetary policy: Way to Inflation Targeting (IT); Performance of monetary policy under IT; and Monetary policy and stabilisation of food inflation.

 

Download PDF of presentation.