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India is experiencing high rate of economic growth in the last two decades but the growth has been coupled with high … rate of food price inflation. The growth has been very uneven across sectors with agriculture remaining very sluggish. The …
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-error correction model (VECM) is used to determine the linkage between farm wage inflation and food inflation, and a pooled mean group … wages. In last 20 years (1998-99 to 2017-18), wages of India's farm labourers increased at an average annual rate of 9.3 per … inflation and wage growth, evidence was found of a food-wage spiral where changes in food prices and farm wages were estimated …
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We provide causal evidence that discount rate changes by the Federal Reserve affected economic output in the 1920s. Our identification strategy exploits county-level variation in access to the Fed's discount window, and we implement this strategy with hand-collected data on banking and...
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We provide causal evidence that discount rate changes by the Federal Reserve affected economic output in the 1920s. Our identification strategy exploits county-level variation in access to the Fed's discount window, and we implement this strategy with hand-collected data on banking and...
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