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The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the COVID-19 pandemic at the beginning of 2020 intensified the crisis, causing a drastic decline in aggregate demand and output. India and the UK have resorted to monetary and...
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, both model-based forecasts and current inflation expectations point to an increase in inflation for 2021 of just over 1 … inflation expectations remain well-anchored, it may not warrant a monetary policy response. If, however, inflation expectations …
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We present a Simple SIR Macro Model to study the economic impact of an epidemic in a model were agent types are …
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