Showing 1 - 10 of 64
This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as … that the output gap is significant in explaining the inflation rate in almost all the countries. Furthermore, at least one … measure of international competitiveness has a statistically significant influence on inflation in all the countries. The …
Persistent link: https://www.econbiz.de/10004972717
data. While core inflation is measured with the VSC, the HSC requires a new concept of demand-driven inflation: Residual … (demand) inflation, which gives the impact of short and medium run demand shocks on inflation. Core and residual inflation are …
Persistent link: https://www.econbiz.de/10005170148
There is a growing recognition that global warming is a problem, but little attention has been paid to the likely impact at the country level, especially in the developing world. The stakes for world agriculture, with special attention to China, India, Brazil, and the poor countries of the...
Persistent link: https://www.econbiz.de/10008528414
*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08 retained at around 8.5 per cent, barring domestic or external shocks
Persistent link: https://www.econbiz.de/10005528094
In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of … monthly data, each observation of a one-year change in inflation is the sum of twelve one-month changes. This suggests that … time-series of inflation in India. [NIPFP WP No. 54]. …
Persistent link: https://www.econbiz.de/10005528145
This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that … financial integration and inflation. It tests the prediction of the theoretical model by employing static and dynamic panel data …
Persistent link: https://www.econbiz.de/10005528196
The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...
Persistent link: https://www.econbiz.de/10005528200
One of the burning issues at the moment relates to increasing the “voice†or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There are many issues and challenges facing the monetary policy in emerging markets. In the...
Persistent link: https://www.econbiz.de/10005487649
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10005487709
Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and Prof.Goodhart's lecture on central banking. [RBI CD Deshmukh]
Persistent link: https://www.econbiz.de/10004972720