Volume/Issue: 2012/118
Series: IMF Working Papers
Author(s):
Muneesh Kapur
, and
Michael Patra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2012
ISBN: 9781475503470
This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to analytically informing the...
Volume/Issue: 2011/294
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
September
2011
ISBN: 9781463904852
The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing...
Volume/Issue: 2011/294
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
September
2011
DOI: http://dx.doi.org/10.5089/9781463904852.002
ISBN: 9781463904852
The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing...
Volume/Issue: 2012/118
Series: IMF Working Papers
Author(s):
Muneesh Kapur
, and
Michael Patra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2012
DOI: http://dx.doi.org/10.5089/9781475503470.001
ISBN: 9781475503470
This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to analytically informing the...
Volume/Issue: 2012/147
Series: IMF Working Papers
Author(s):
James Walsh
, and
Jiangyan Yu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2012
DOI: http://dx.doi.org/10.5089/9781475504163.001
ISBN: 9781475504163
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these stran...
Volume/Issue: 2010/200
Series: IMF Working Papers
Author(s):
Rahul Anand
, and
Eswar Prasad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2010
DOI: http://dx.doi.org/10.5089/9781455205301.001
ISBN: 9781455205301
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the...
Volume/Issue: 2005/148
Series: IMF Working Papers
Author(s):
Robert Tchaidze
, and
Alina Carare
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2005
DOI: http://dx.doi.org/10.5089/9781451861679.001
ISBN: 9781451861679
This paper draws attention to inconsistencies in estimating simple monetary policy rules and their implications for policy advice. We simulate a macroeconomic model with a backward reaction function similar to Tayl...
Volume/Issue: 2016/2
Series: IMF Working Papers
Author(s):
Rahul Anand
,
Naresh Kumar
, and
Volodymyr Tulin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
January
2016
DOI: http://dx.doi.org/10.5089/9781513581347.001
ISBN: 9781513581347
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...
Volume/Issue: 2012/147
Series: IMF Working Papers
Author(s):
James Walsh
, and
Jiangyan Yu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2012
ISBN: 9781475504163
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these stran...
Volume/Issue: 2010/200
Series: IMF Working Papers
Author(s):
Rahul Anand
, and
Eswar Prasad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2010
ISBN: 9781455205301
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the...