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Does inflation-unemployment trade-off exist in India
(2010-03-18)
The hypothesis of extended Philips Curve is examined in the present paper using the Indian data over the period 1950-51 to 1984-85. The empirical evidence does not suggest any substantial trade-off between inflation and ...
Expected inflation and forecast of growth rate in India
(2010-03-25)
Under rapidly changing economic environment in India, economic decision makers at various levels are likely to consider reliable short term forecast of the growth rate of the economy as an important input. It is argued ...
Inter-Relationship between Economic Growth, Savings and Inflation in Asia
(2009-07-29)
The present study examines the inter-relationship between economic growth, savings rate and inflation for south-east and south Asia in a simultaneous equation framework using two stage least squares with panel data. The ...
Interrelationship between economic growth, savings, and inflation in Asia
(Journal of International Economic Studies, 2009-11-10)
The present study examines the inter-relationship between economic growth, savings rate and inflation for south-east and south Asia in a simultaneous equation framework using two stage least squares with panel data. The ...
Cost and benefit of disinflation policy in India
(Economic & Political Weekly, 2014)
The Reserve Bank of India’s monetary policy stance is based on assertions that there is no trade-off between inflation and growth and that disinflation will result in more growth. This note examines recent empirical evidence ...
Changing dynamics of inflation in India
(Economic and Political Weekly, 2018-03)
Using the latest consumer price index (combined) series, it is found that the dynamics underlying India’s inflationary process have changed substantially. Significant reduction found in the inflation persistence reflects ...