High and persistent inflation has presented serious macroeconomic challenges in India in recent years, increasing the country's domestic and external vulnerabilities. A number of factors underpin India's high inflation. This book analyzes various facets of Indian inflation-the causes,...

"This boo is a timely look at an important Indian macroeconomic issue - inflation. High and persistent inflation has been a serious macroeconomic challenge for India, particularly in the past decade. India's high rates of inflation have been underpinned ciefly by high and persistent rates of...

High and persistent inflation has presented serious macroeconomic challenges in India in recent years, increasing the country's domestic and external vulnerabilities. A number of factors underpin India's high inflation. This book analyzes various facets of Indian inflation-the causes,...

Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are estimated to be large. This paper estimates the size of second-round effects using an estimated reduced-form general equilibrium model of the Indian economy, which incorporates...

Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are estimated to be large. This paper estimates the size of second-round effects using an estimated reduced-form general equilibrium model of the Indian economy, which incorporates...

Over the past decade, India has seen a prolonged period of high inflation, to a large extent driven by persistently-high food inflation. This paper investigates the demand and supply factors behind the contribution of relative food inflation to headline CPI inflation. It concludes that in the...