India has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As … a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in … inflation. This article outlines the two main price measures available for the Indian economy and discusses their role in Indiaâ …

) has been to raise inflation targets to provide more room for policy rate easing during crises. This paper addresses a … different issue: the relationship between inflation and welfare. The literature is surveyed and a model is developed. A key … conclusion is that an increase in inflation targets gives rise to additional welfare costs, even after the extra room to maneuver …

This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …