Kumar, Sudhanshu; Srinivasan, Naveen; Ramachandran, Muthiah - In: Indian Growth and Development Review 5 (2012) 1, pp. 25-50
countries, in sharp contrast to the period immediately preceding it. Interestingly, the behaviour of inflation in India broadly … exhibits such a pattern. For much of the 1970s and 1980s, India experienced recurrent bouts of high inflation together with sub … dry out and high inflation could return. Originality/value – A time‐varying parameter model for inflation in India is …