| 000 -LEADER |
| fixed length control field |
01108nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
230227b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Patnaik, Anuradha |
| 245 ## - TITLE STATEMENT |
| Title |
Monetary policy announcements of the reserve bank of India and the role of information shock |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Economic and Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
57(50), Dec, 10, 2022: p.38-46 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Inflation-targeting central banks supplement their monetary policy announcements with communication in the form of speeches and publication of text documents. The markets react to the surprise component of the rate action and the communication by the central bank. Thus, the monetary surprise derived from the reaction of markets, following a policy announcement, is agglutinated with the central bank information. The present paper attempts to identify and examine the efficacy of such an information shock in influencing the inflation expectations of households, interest rate expectations of agents, output and inflation.- Reproduced |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic and Political Weekly |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
MONETARY POLICY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |