Article ID Journal Published Year Pages File Type
5087386 Journal of Asian Economics 2013 11 Pages PDF
Abstract
► We model inflation in India using an augmented Phillips curve framework. ► Impact of demand conditions is stronger on core inflation than headline inflation. ► Impact of global commodity inflation on NFMP inflation is also substantial. ► Sharp depreciation is inflationary, even with a modest pass-through coefficient. ► Forecasting challenges emanate from volatility in commodity and food prices.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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