The macroeconomics of demonetization: theory and some conjectures
S Chattopadhyay - South Asian Journal of Macroeconomics …, 2019 - journals.sagepub.com
The withdrawal of high-denomination paper money in India—popularly termed
'demonetization'—has generated interest among common people to understand what the …
'demonetization'—has generated interest among common people to understand what the …
Taylor Rule implementation of the optimal policy at the zero lower bound: Does the cost channel matter?
S Chattopadhyay, T Ghosh - Economic Modelling, 2020 - Elsevier
This paper analyzes the implementation of the optimal policies at the Zero Lower Bound
(ZLB) by the Taylor rule in the presence of a cost channel. We find that, the presence of a …
(ZLB) by the Taylor rule in the presence of a cost channel. We find that, the presence of a …