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The Reserve Bank of India (RBI) has moved away from a broad money target toward a “multiple indicators” approach to the …
Persistent link: https://www.econbiz.de/10014400729
Past studies on the relationship between electricity consumption and temperature have primarily focused on individual …, overcoming the data constraint by using grid-level night light and temperature data. Mostly generated by electricity and recorded … by satellites, night light has a strong linear relationship with electricity consumption and is correlated with both its …
Persistent link: https://www.econbiz.de/10012517931
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role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for …
Persistent link: https://www.econbiz.de/10011447122
Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of …
Persistent link: https://www.econbiz.de/10014395186
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a … illustrating the key issues given the unique structural characteristics of India and the policy options under an FIT framework, the …
Persistent link: https://www.econbiz.de/10011716577
as well as conducting policy analysis. QPM incorporates several India-specific features like the importance of the …
Persistent link: https://www.econbiz.de/10011716581
We produce a social unrest risk index for 125 countries covering a period of 1996 to 2020. The risk of social unrest is based on the probability of unrest in the following year derived from a machine learning model drawing on over 340 indicators covering a wide range of macro-financial,...
Persistent link: https://www.econbiz.de/10012796240
We analyze the causes of the apparent bias towards optimism in growth forecasts underpinning the design of IMF-supported programs, which has been documented in the literature. We find that financial variables observable to forecasters are strong predictors of growth forecast errors. The greater...
Persistent link: https://www.econbiz.de/10012795149
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