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Source: India : Asset Prices and the Macroeconomy

Volume/Issue: 2007/221

Series: IMF Working Papers

Author(s): Catriona Purfield

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2007

ISBN: 9781451867855

Keywords: wealth effects, real estate, stock market, commercial real estate, asset markets, financial assets,

This paper examines rising asset prices in India. For the most part, asset prices in India reflect structural factors but the risk of a correction cannot be ruled out. However, at this juncture monetary policy may...

India
			: Asset Prices and the Macroeconomy

India : Asset Prices and the Macroeconomy »

Volume/Issue: 2007/221

Series: IMF Working Papers

Author(s): Catriona Purfield

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2007

DOI: http://dx.doi.org/10.5089/9781451867855.001

ISBN: 9781451867855

Keywords: wealth effects, real estate, stock market, commercial real estate, asset markets, financial assets,

This paper examines rising asset prices in India. For the most part, asset prices in India reflect structural factors but the risk of a correction cannot be ruled out. However, at this juncture monetary policy may...