India : Asset Prices and the Macroeconomy /

This paper examines rising asset prices in India. For the most part, asset prices in India reflect structural factors but the risk of a correction cannot be ruled out. However, at this juncture monetary policy may not be the most effective tool to safeguard financial stability because (i) India'...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Purfield, Catriona
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2007.
Serier:IMF Working Papers; Working Paper ; No. 2007/221
Online adgang:Full text available on IMF