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]. …

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 …

macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …

This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as …, China Mainland and India. Using Quarterly data and applying the instrumental variables estimation technique, it is found … that the output gap is significant in explaining the inflation rate in almost all the countries. Furthermore, at least one …

future rates of inflation. The price and output gap models fare consistently better then the velocity gap model which brings … out the importance of non-monetary factors in explaining inflation dynamics in Bangladesh. The P* model can have wide …