Partha Ray
Indian Institute of Management Calcutta
41 Papers
133 Citations
Partha Ray is an academic researcher from Indian Institute of Management Calcutta. The author has contributed to research in topics: Monetary policy & Inflation. The author has an hindex of 11, co-authored 41 publications. Previous affiliations of Partha Ray include Indian Institute of Management Ahmedabad & International Monetary Fund.
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Papers
Inflation Expectations and Monetary Policy in India; An Empirical Exploration
TL;DR: In this paper, a computationally intensive approach to generate future inflation was pursued, followed by an exploration of the determinants of inflation expectations by estimating a new Keynesian type Phillips curve that takes into account country-specific characteristics, the stance of monetary and fiscal policies, marginal costs and exogenous supply shocks.
Indian Monetary Policy in the Time of Inflation Targeting and Demonetization
Rakesh Mohan,Partha Ray +1 more
TL;DR: In this paper, the authors provided a narrative of Indian monetary policy since the North Atlantic Financial Crisis (NAFC) in the mid-2008 till the current period, which was dominated by the joint monetary and fiscal stimuli of the Indian authorities prompted by the NAFC.
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Does monetary policy have differential state-level effects? an empirical evaluation
Dilip M. Nachane,Partha Ray,Saibal Ghosh +2 more
- 23 Nov 2001
TL;DR: In this article, the authors examined whether monetary policy has similar effects across major states in the Indian polity and found that a core of states respond to monetary policy in a significant fashion vis-a-vis others whose response is less significant.
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Indian Financial Sector
Rakesh Mohan,Partha Ray +1 more
TL;DR: In this paper, the authors trace the story of Indian financial sector over the period 1950-2015 and identify the trends and turns of Indian finance sector, which adopts a three period classification: (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by
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Indian Financial Sector; Structure, Trends and Turns
Rakesh Mohan,Partha Ray +1 more
TL;DR: In this paper, the authors trace the story of Indian financial sector over the period 1950-2015 and identify the trends and turns of Indian finance sector, which adopts a three period classification: (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by
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