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Drivers of WACR-Repo Rate Spread: An Empirical Analysis of India

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Global Business Review

Published online on

Abstract

Global Business Review, Ahead of Print.
The spread between the policy rate and operating target rate of the Reserve Bank of India (RBI) has consequences on the transmission of monetary policy signals. Using weekly data from 2011 to 2020 (504 observations), the study employs variants of General ...