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