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Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the crisis has led to considerable thinking and debate on its implications for central bank mandates,...
Persistent link: https://www.econbiz.de/10008764340
, inflation and expectations of inflation remain high and upside risks emanate from exchange rate pass-through, revisions in … between risks to growth and inflation. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Publications/PDFs/M2D210112FL.pdf]. …
Persistent link: https://www.econbiz.de/10009493944
In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation … across commodity groups within WPI, and significant volatility in headline WPI inflation under the influence of supply shocks … policy could yield ambiguous results if inflation data used in such analyses have serious limitations. [Staff Studies]. …
Persistent link: https://www.econbiz.de/10008492229
in emerging economies, and low and stable inflation all around. Central banks took credit for this, believed they had …
Persistent link: https://www.econbiz.de/10009321504
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
Budget Speech by Chidambaram.
Persistent link: https://www.econbiz.de/10011133272
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
A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the … different theories of inflation. Although these studies provide insight into the determinants of inflation in the country, there … remain some unanswered questions: • Can inflation in Nepal be explained by the theoretical models as specified earlier …
Persistent link: https://www.econbiz.de/10009493972
The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stance of monetary policy and evolving monetary conditions. The paper also constructs a "broad" MCI...
Persistent link: https://www.econbiz.de/10005487719
This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a fiscal consolidation path. [Ministry of Finance WP]....
Persistent link: https://www.econbiz.de/10009493974