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This paper applies the “market microstructure” literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient...
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The main purpose of this paper is to analyze empirically the determinants of India's trade balance and inflation during the period 1952-1977, with particular emphasis on the impact of monetary disquilibrium on these variables. (DSE)
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