Econometric Analysis of Influence of Monetary Policy on Macroeconomic Aggregates in Indian Economy
Year: 2018
Type: conference-paper
Abstract: This study attempts to examine the relationship between macroeconomic indicators of India and its monetary policy over the period 1980 to 2017. The paper studies the correlation between GPD, Balance of Payments, Inflation, Balance budget, Public and such independent variables as international reserves, money and quasi money, interest rate and reserve ratio with the help the linear regression using OLS and ANOVA test in Excel. From the analysis, it is clear that GDP, Public Debt and Inflation have the strongest dependence and significance in relation to monetary indicators.
Author: I V Tregub
Institution: Financial University
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2811366106