, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …

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 …

inflation expectations in real time. In a large-scale, multi-wave randomized controlled trial (RCT), we find weak evidence that … communicating these policy changes lowers consumers medium-term inflation expectations on average. However, information differs … inflationary environment, these consumers expect that raising interest rates will lower inflation. More generally, our results …

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

inflation-output tradeoffs in foreign recipient economies through the exchange rate and term premium channels. We also show that …

inflation and not enough to spreads,and yield larger fluctuations in response to risk shocks. Reaction curves display shifts …

“unconventional” monetary policies within an inflation targeting framework. In particular, the paper explicitly models the facilities …