The Impacts of Monetary Policy in the 21st Century: Perspectives From Emerging Economies 2019
DOI: 10.1108/978-1-78973-319-820191026
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Role of Monetary Policy on Generating Output and Price Stability in India: An Investigation

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“…We start by testing the potential correlation between relative demand for managers and skilled labour in column (1). We measure the latter using the 3-digit industry level ratio of non-production workers to all employees in an industry, obtained from Ghosh (2014Ghosh ( ) (1990Ghosh ( -2000, and the ASI (2001ASI ( -2006. The main result continues to hold, suggesting that it is not driven only by increases in the demand for skill.…”
Section: Complementary E¤ectsmentioning
confidence: 99%
“…We start by testing the potential correlation between relative demand for managers and skilled labour in column (1). We measure the latter using the 3-digit industry level ratio of non-production workers to all employees in an industry, obtained from Ghosh (2014Ghosh ( ) (1990Ghosh ( -2000, and the ASI (2001ASI ( -2006. The main result continues to hold, suggesting that it is not driven only by increases in the demand for skill.…”
Section: Complementary E¤ectsmentioning
confidence: 99%