This paper examines patterns of market integration for food commodities in India. First, it tests the extent of … integration. The results reveal that in India, food markets are imperfectly integrated across space, with the law of one price …

This paper provides an assessment of India's inflation-targeting regime. It shows that the Reserve Bank of India is … best characterized as a flexible inflation targeter: contrary to criticism, it does not neglect changes in the output gap … when setting policy rates. The paper does not find that the Reserve Bank of India became more hawkish following the …

This paper examines the growth-inflation nexus in Franc zone currency unions. It aims at estimating the inflation … threshold above which additional inflationary pressures adversely affect economic expansion. It uses cointegration methods that … African Monetary Union and 4.3-4.5 percent in the West African Monetary Union. Homogeneous cointegration panel data analyses …