Joshi, Himanshu - In: Macroeconomics and Finance in Emerging Market Economies 3 (2010) 2, pp. 213-225
Inflation in India is commonly analyzed in terms of the traditional 'monetarist' and 'structuralist' frameworks. However, these models have not been widely tested for their forecasting ability in practical policy settings. Besides, the important issue of assessment of inflationary expectations...