Monetary Policy of RBI: Monetary policy refers to the credit-control measures adopted by the central bank of a country. In the case of the Indian economy, RBI is the sole monetary authority that ...

G. Terrier, Rodrigo O. Valdes, Camilo E Tovar Mora, Jorge A Chan-Lau, Carlos Fernandez Valdovinos, Mercedes Garcia-Escribano, Carlos I. Medeiros, Man-Keung Tang, Mercedes Vera Martin, and W.

This paper analyzes the use of unconventional policy instruments in New Keynesian setups in which the ‘divine coincidence’ breaks down. The paper discusses the role of a second instrument and its ...

ON August 30, the Central Bank of Trinidad and Tobago published a note explaining its use of monetary policy to keep inflation low, highlighting the shift from “direct” to “indirect” instruments over ...