Food Inflation in India: The Role for Monetary Policy

Food Inflation in India: The Role for Monetary Policy
Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are estimated to be large. This paper estimates the size of second-round effects using an estimated reduced-form general equilibrium model of the Indian economy, which incorporates pass-through from headline inflation to core inflation.... READ MORE...

Publication date: September 2014
ISBN 9781484392096
$18.00

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