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Gold monetization in India as a transformative policy: a mixed method analysis
(Indian Institute of Management Ahmedabad, 2017)
India is the second largest consumer of gold in the world and gold is a major contributor to the current account deficit. Much of the gold goes out of circulation and is not available to support economic activity. To ...
Global risk and demand for gold by central banks
(Indian Institute of Management Ahmedabad, 2017)
This paper examines the influence of global risk on the holding of gold by central banks based on annual data for 100 countries during 1990-2015. We use a dynamic panel generalized method of moments (GMM) model to estimate ...