resisting inflation pressures and that contributions of monetary policy shocks to the GDP fluctuation are asymmetric across …

increase in conservatism triggers two opposite effects. It reduces the inflation bias of discretionary monetary policy and …

of the two elements leads to an inflation bias that is independent of the standard time-inconsistency bias. Secondly, we … an independent monetary policy. We find that inflation was the main determinant of central bank credit prior to 2007 …

including India for the period 2002 to 2010. Panel data techniques are used after ruling out the presence of unit roots. The …

influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial … the short-term interest rate has an important influence on the swap yields. This implies that the Reserve Bank of India …

The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key … macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines …

This study analyses India's inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we … need three variables: (1) inflation (2) the output gap and (3) the real effective exchange rate. In India, the incorrect … composite consumer price index (CCPI) was the best measure of inflation, and should be used to construct the real effective …

Access to safe water is necessary for lives and livelihoods. In India, a mid-term assessment reveals that the country … factors constrain access to safe drinking water and proper sanitation in India for both the urban and rural poor, and that …

communication technology (ICT) use for broad-based development and economic growth in India. It will examine the role of …