inflation targeting. For each rule we distinguish between cases with zero weight on the unemployment gap and a negative response … inflation. Responding to unemployment reduces cross-country differences within the monetary union and the differences in …

sectors have seen increases. However, a retreat in globalisation could make inflation more responsive to labour market …The pandemic had a significant effect on labour markets. Working hours fell sharply almost everywhere, but the drivers … were in place. Labour markets have bounced back faster than after recent recessions, albeit unevenly. Even in countries …

, investigate the role of nominal wage rigidities in accounting for these asymmetries, and study optimal inflation policy in such a … presence of contract labour reduces the optimal level of grease inflation required in the economy as it relaxes the constraint …We document the presence of asymmetric business cycles in both regular and contract labour markets in India …

structure of Indian inflation and its measurement are examined. Simulations give the welfare effects of different types of … inflation targeting. Flexible CPI inflation targeting (CIT) without lags works best, especially if the economy is more open. But …, making the supply curve flatter. As long as such intervention is required, domestic inflation targeting (DIT) continues to be …

structure of Indian inflation and its measurement are examined. Simulations give the welfare effects of different types of … inflation targeting. Flexible CPI inflation targeting (CIT) without lags works best, especially if the economy is more open. But …, making the supply curve flatter. As long as such intervention is required, domestic inflation targeting (DIT) continues to be …

reduction have no long-term effect on growth, distribution and inflation in the model. The effects on the level of capital stock … inflation temporarily. The model provides possible explanations as to the causes of several current economic phenomena such as …

reduction have no long-term effect on growth, distribution and inflation in the model. The effects on the level of capital stock … inflation temporarily. The model provides possible explanations as to the causes of several current economic phenomena such as …