A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending

Cilt: 7 Sayı: 4 1 Aralık 2017
  • Sayan Banerjee
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A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending

Abstract

The aim of this paper is to construct a Financial Condition Index (FCI) in context of Indian economy by incorporating a financial variables, namely commercial bank and other lending with two monetary variables, real exchange rate and short term interest rate. The paper explores if this index could act as an indicator of fluctuations in the real economy. The FCI is constructed following a weighted-sum method, with weights been assigned on the basis of estimated relative impact of each of the variables on the Gross Domestic Product (GDP) of India. The correlation between FCI thus constructed, and the inflation rate in the economy for two decades is found to be rather weak; highlighting the possibility that the dynamics of borrowing and the aggregate demand side of the Indian economy is rather unique.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

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Bölüm

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Yazarlar

Sayan Banerjee Bu kişi benim

Yayımlanma Tarihi

1 Aralık 2017

Gönderilme Tarihi

1 Aralık 2017

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2017 Cilt: 7 Sayı: 4

Kaynak Göster

APA
Banerjee, S. (2017). A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending. International Journal of Economics and Financial Issues, 7(4), 526-529. https://izlik.org/JA49GL93RS
AMA
1.Banerjee S. A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending. IJEFI. 2017;7(4):526-529. https://izlik.org/JA49GL93RS
Chicago
Banerjee, Sayan. 2017. “A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending”. International Journal of Economics and Financial Issues 7 (4): 526-29. https://izlik.org/JA49GL93RS.
EndNote
Banerjee S (01 Aralık 2017) A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending. International Journal of Economics and Financial Issues 7 4 526–529.
IEEE
[1]S. Banerjee, “A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending”, IJEFI, c. 7, sy 4, ss. 526–529, Ara. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA49GL93RS
ISNAD
Banerjee, Sayan. “A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending”. International Journal of Economics and Financial Issues 7/4 (01 Aralık 2017): 526-529. https://izlik.org/JA49GL93RS.
JAMA
1.Banerjee S. A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending. IJEFI. 2017;7:526–529.
MLA
Banerjee, Sayan. “A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending”. International Journal of Economics and Financial Issues, c. 7, sy 4, Aralık 2017, ss. 526-9, https://izlik.org/JA49GL93RS.
Vancouver
1.Sayan Banerjee. A Financial Condition Index for India through Incorporation of Commercial Bank and Other Lending. IJEFI [Internet]. 01 Aralık 2017;7(4):526-9. Erişim adresi: https://izlik.org/JA49GL93RS