monetary autonomy together with corresponding loss of exchange rate stability have impacts on growth volatility, inflation and … inflation volatility throughout 1998-2010, though these effects might differ for each sub-period. Finally, it finds that there …

. Overall, we find that the output gap seems to matter more to the RBI than inflation, there is greater sensitivity to Consumer … Price (CPI) inflation that Wholesale Price (WPI) inflation, and exchange rate changes do not play an important role in …

autonomy and exchange rate stability has influenced inflation and inflation volatility, though not in a consistent manner. …

The last decade has seen a worldwide move by emerging markets to adopt explicit or implicit inflation targeting regimes … influenced by a quasi inflation target? To address this point, we investigate monetary policy regime change in India using a … these regimes, the central bank reveals a greater relative (though not absolute) weight on controlling inflation vis …

. Overall, it finds that the output gap seems to matter more to RBI than inflation, there is greater sensitivity to consumer … price inflation, exchange rate changes do not constitute an important policy factor, and the post-1998 conduct of monetary …