000			01001nam a22001457a 4500
999			_c520926 _d520926
008			221205b ||||| |||| 00| 0 eng d
100			_aBhadury, S., Ghosh, S. and Mazumdar, D. _935633
245			_aA horse race among the alternative Taylor rule specifications - Some insights from India
260			_aEconomic & Political Weekly
300			_a57(23), Jun, 4, 2022: p.41-47
520			_aThe paper estimates a slew of augmented Taylor rule specifications using call and treasury bill rates. After accounting for break points, we calculate the output gap based on a single-index dynamic factor extracted from monthly high-frequency indicators that are representative of broad sectoral activity. In our study, we found that interest rates in India are mostly in line with the augmented Taylor rule specifications after the Reserve Bank of India started using flexible inflation targeting. – Reproduced
773			_aEconomic & Political Weekly
906			_aECONOMIC DEVELOPMENT
942			_cAR