Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/22440
Title: Steering the macroeconomy with a broken compass and stuck rudder?
Authors: Morris, Sebastian
Issue Date: 19-Sep-2019
Series/Report no.: WP_2019-09-02;
Abstract: In this paper we bring together the findings of Subramanian, A. (2019) and Morris and Kumari (2019), and others to claim that the problems with the new national income series are real and need to be addressed. The CPI11-12 too is problematic since the weight of basic food in the CPI11-12 is as high as 45% when there is no wat the same could have been more than 34%. As a result macroeconomic policy may have been handicapped pushing it to restrictive especially monetary policies that may have been one of the underlying causes of the current recession in the economy.
URI: http://hdl.handle.net/11718/22440
Appears in Collections:Working Papers

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