This paper investigates the determination of inflation in the framework of an open economy
forward-looking as well as conventional backward-looking Phillips curve for eight Asian …

This paper seeks to answer two questions in the context of the Indian economy. First, are all
movements in food and energy prices transitory? Second, is there a significant relationship …

This paper attempts to study short and long run impact of increased worker's remittances on
general price level. It uses the real GDP growth, real effective exchange rate (REER), M3 …

We propose a new methodology to construct core inflation which is, unlike other
conventional methods, not based on ad hoc elimination/trimming of prices. The empirical …

This article estimates and evaluates different measures of core inflation for India by
employing statistical and econometric approaches. We estimate Wholesale Price Index …

This paper computes several statistical measures for core inflation for India and provides
methodology of construction of these core measures. Some of these have been computed …

This paper estimates core inflation through trimmed mean method and structural vector auto–
regression (SVAR) method by using monthly data of wholesale price index (WPI) and index …

This paper aims to study the self-similarity behavior of inflation using the Hurst index.
Previous studies reported the presence of long-range dependence (LRD) behavior in the …

A growing literature in the field of econometrics is on the treatment of seasonal variables.
However, so far, very few studies in India have applied advanced seasonal modelling …

In view of formulating credible monetary policy to attain the price stability objective, the
difficult part for the central banks is to distinguish, within ongoing inflation evolutions …