Interest Rate Conundrum C.P. Chandrasekhar and Jayati Ghosh
March 15, 2016
With interest rates and bond yields turning negative in many developed countries, the efficacy of monetary policy as a counter cyclical instrument is in question. Interest_Rate_Conundrum (Download the full text in PDF format) (This article was originally published in the Business Line print edition dated March 14, 2016.)
Is the Rupee “Weakening”? C.P. Chandrasekhar and Jayati Ghosh
January 19, 2016
While much concern being expressed about the weakening rupee, it is not the past record that is the problem; rather, its likely direction in the near future is a cause for worry. Rupee_Weakening (Download the full text in PDF format) (This article was originally published in the Business Line, January 18, 2016.)