There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …

We study the inflation process in India, focusing on the periods before and after the adoption of flexible inflation …-forecast targeting (FIT) in India. Our analysis uses several approaches including standard Phillips curve estimation for headline and … core inflation, an examination of the sensitivity of medium-term inflation expectations to inflation surprises, and the …

We analyze the dramatic decline in India's inflation over the last two years using an augmented Phillips Curve approach …, we find that inflation is a highly persistent process in India, reflecting very adaptive expectations and the backward … lower oil prices in India's disinflation was relatively modest given the limited pass-through into domestic prices. Instead …

Over the past decade, India has seen a prolonged period of high inflation, to a large extent driven by persistently … under India's recently-adopted flexible inflation targeting framework will depend on enhancing food supply, agricultural …-high food inflation. This paper investigates the demand and supply factors behind the contribution of relative food inflation to …

The Reserve Bank of India (RBI) has moved away from a broad money target toward a “multiple indicators” approach to the … has been de-emphasized, developments in the monetary aggregates remain an important indicator of future inflation. The … exchange rate and import prices are also relevant, particularly for inflation in the manufacturing sector …

transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open … border, price developments in Nepal would be expected to mirror to those in India. The results show that inflation in India … and inflation in Nepal tend to converge in the long run. Our estimates indicate that the passthrough of inflation from …

that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are … model of the Indian economy, which incorporates pass-through from headline inflation to core inflation. The results indicate …

reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The … unification on inflation and quasi-fiscal deficits, and identifies a variety of implicit taxes and subsidies that must be taken …