 | Inflation Targeting and Monetary Policy Transmission Mechanisms in Emerging Market Economies Author/Editor: Sanchita Mukherjee, Rina Bhattacharya. Release Date:October, 2011 In this paper we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in five potential inflation targeting economies in more...
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| Private Sector Consumption and Government Consumption and Debt in Advanced Economies : An Empirical Study Author/Editor: Sanchita Mukherjee, Rina Bhattacharya. Release Date:November, 2010 This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particular with government debt per capita. Using data more...
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