For example, Kuttner and Shim examine the effects of actions in 57 countries since the 1980s on house prices and housing credit growth. See Kenneth N. Kuttner and Ilhyock Shim (2013), “Can Non-Interest Rate Policies Stabilise Housing Markets? Evidence from a Panel of 57 Economies,” Bank for International Settlements working paper no. 433 (Basel: BIS, November).
It is my proud privilege to welcome this distinguished gathering on this occasion of laying of the foundation stone for a Banknote Paper Mill here in the premises of BRBNMPL. It is even more significant that this project is being inaugurated in the platinum jubilee year of the Reserve Bank of India.