Ghate, Chetan; Pandey, Radhika; Patnaik, Ila - In: Structural Change and Economic Dynamics 24 (2013) C, pp. 157-172
This paper presents a comprehensive set of stylized facts for business cycles in India from 1950 to 2010. We show that most macroeconomic variables are less volatile in the post reform period, even though the volatility of macroeconomic variables is still high and similar to other emerging...