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| Taniya Ghosh |
| Indira Gandhi Institute of Development Research (IGIDR) |
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| Indira Gandhi Institute of Development Research |
| Filmcity Road |
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| Mumbai, Maharashtra 400065 |
| India |
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| taniya@igidr.ac.in |
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JEL Areas: E : Macroeconomics and Monetary Economics E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General |