inflation and growth rates have diminished. In this case, the single monetary policy would rather meet the monetary needs of the …

of past experience and international best practices. It confirms that food inflation has been the driver of domestic … inflation. The paper studies the recommendations of the Urjit Patel Committee and comments that monetary policies predominantly … focussed on inflation targeting may not necessarily be effective in India where inflation and inflationary expectations …

responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

inflation expectations and risk premia. This entails jointly pricing and decomposing nominal and real UK yields. We find … evidence that medium- and long-term inflation expectations are contained within narrower bounds since the early 1990s …, suggesting monetary policy credibility improved after the introduction of inflation targeting. …

It is well documented that business cycles of developed countries are characterised by persistent output fluctuations … of this analysis is that the model overestimates output persistence in high inflation countries and underestimates output … persistence in low inflation countries. This has important implications not only for this model, but also for any economist …

developing country business cycles are characterised by significantly persistent output fluctuations; however, the magnitude of … use of theoretical models with staggered prices and wages for the modelling of developing country business cycles …