摘要：The authors gratefully acknowledge the technical support of Indian Institute of Finance. We would like to thank Robert C. Merton, Fredric Mishkin and Robert Mundell who have inspired me in many ways to work on this complex issue. We would also like to convey our thanks our colleagues at Indian Institute of Finance, Saurabh Agarwal (Vice Chairman), Deepak Bansal (Senior Lecturer); Pushpender Singh Raghav (Senior Lectuer); Pankaj K Jain (Lecturer) and for their assistance in preparation of this paper. The views and reviews presented in the paper are views and opinions of the authors, based on our research and experience and do not depict institutional or countries views or of the institutions the authors are associated with. All errors and omissions are our own
