data. While core inflation is measured with the VSC, the HSC requires a new concept of demand-driven inflation: Residual … (demand) inflation, which gives the impact of short and medium run demand shocks on inflation. Core and residual inflation are …

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to … reduce both future shocks and vulnerability to shocks. Inflation affects the typical savings cum pension portfolio and the …, which tend to increase with age, aggravate the psychological trauma associated with inflation. The decline of traditional …