The varying interest elasticity and the cost of inflation in India

This article estimates the welfare cost of inflation in India using the time-varying interest semi-elasticity from the money demand schedule. The estimated interest semi-elasticity and the welfare cost of inflation for India show variation over time. The result suggests increasing welfare cost of inflation for Indian economy in recent times.

MoreLess

Year of publication:	2014
Authors:	Kumar, Sudhanshu
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 21.2014, 7, p. 497-500
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010741138