Background: This paper examines the role of monetary and fiscal factors in interest rate variations in Sri Lanka under its deregulated regime of interest rates. In addition the paper also examines the role of monetary factors in the variation of interest rates, using a quarterly dataset for the...

Malaysia is a rapidly progressing high middle-income economy. As a highly open economy with an increasingly liberalized financial sector, the implementation of a comprehensive macroeconomic policy is a challenging task. This article inquires into the efficacy of money in raising income and...

This paper examines the relative role of structural and monetary factors in the variation of inflation in India over the period 1996–1997: Q1 to 2013–2014: Q4. The paper finds that both the monetary factors and the output gap has significant role. The role of the output gap in inflation is...

A comprehensive strategy for price stability, particularly for the long-run, requires coordination between monetary and fiscal policy. To our knowledge, the fiscal initiative to control inflation in India is abstracted. The targets and executions of the fiscal policy of different state...