Time Varying Sterilisation Coefficient For India
Journal Title: International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS) - Year 2017, Vol 4, Issue 3
Abstract
This study is aimed at understanding time varying sterilization coefficient for India from a developing country perspective using monthly data from April 1994 to March 2013. The empirical results show, there is a positive relationship between interest rate and sterilization coefficient. The positive relation was experienced more during periods of financial strain. This study has also found a negative relationship between exchange rate and the sterilization coefficient.
Authors and Affiliations
Rittu Sussan Varkey
Keywords
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