Rupee volatility and its impact on the macroeconomic variables of India

dc.contributor.author	DhaneeshKumar, T.K.
dc.contributor.author	Sudarsan, P.K.
dc.date.accessioned	2016-01-14T04:08:34Z
dc.date.available	2016-01-14T04:08:34Z
dc.date.issued	2015
dc.identifier.citation	The IUP Journal of Applied Economics. 14(4); 2015; 27-41.	en_US
dc.identifier.uri	http://www.iupindia.in/1510/Applied%20Economics/Rupee_Volatility_and_Its_Impact.html
dc.identifier.uri	http://irgu.unigoa.ac.in/drs/handle/unigoa/4250
dc.description.abstract	Against the background of international scenario of exchange rate volatility, the present paper analyzes rupee volatility and its impact on the macroeconomic variables of India considering data for the period 1997-2013. The evidence shows that the exchange rate volatility of India is not purely a domestic phenomenon. Further, the results of log-log regression model show that the negative impact of depreciation is limited to inflation and trade balance. All other variables show positive impact. Thus, strong empirical evidence is obtained to conclude that the impact of appreciation on macroeconomic variables is higher as compared to that of depreciation on these variables.	en_US
dc.publisher	IUP Publications Online	en_US
dc.subject	Economics	en_US
dc.title	Rupee volatility and its impact on the macroeconomic variables of India	en_US
dc.type	Journal article	en_US