NO : WP-2024-019 AUTHOR : Rajeswari Sengupta, Harsh Vardhan and Akhilesh Verma TITLE : Bank Capital and Monetary Policy Transmission: Analyzing the Central Bank’s Dilemma in the Indian Context ABSTRACT : This paper explores the role of bank capital in monetary policy transmission within the Indian economy, where the banking sector is the […]
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Inflation Expectations and Keeping Up With the Joneses
NO : WP-2024-018 AUTHOR : Taniya Ghosh and Abhishek Gorsi TITLE : Inflation Expectations and Keeping Up With the Joneses Abstract The paper analyzes the role of personal income change and social comparisons in explaining the heterogeneity and upward bias in Indian households’ inflation expectations by using repeated cross-sectional data from the Reserve […]
