LOGIN TO YOUR ACCOUNT

Username
Password
Remember Me
Or use your Academic/Social account:

CREATE AN ACCOUNT

Or use your Academic/Social account:

Congratulations!

You have just completed your registration at OpenAire.

Before you can login to the site, you will need to activate your account. An e-mail will be sent to you with the proper instructions.

Important!

Please note that this site is currently undergoing Beta testing.
Any new content you create is not guaranteed to be present to the final version of the site upon release.

Thank you for your patience,
OpenAire Dev Team.

Close This Message

CREATE AN ACCOUNT

Name:
Username:
Password:
Verify Password:
E-mail:
Verify E-mail:
*All Fields Are Required.
Please Verify You Are Human:
fbtwitterlinkedinvimeoflicker grey 14rssslideshare1
Kumari, A.; Kumar, V.; Brady, M.; O'Regan, N. (2013)
Publisher: Wiley Blackwell
Languages: English
Types: Article
Subjects:
Identifiers:doi:10.1002/jsc.1943
Emerging economies have struggled hard to keep inflation low at the same time as facilitating high economic growth. These economies always attempt to execute strategic policy framework to curb inflation which in-turn affect the growth rate. This paper attempts to provide an overview of a monetary policy measure known as ‘Inflation Targeting Framework’ to target inflation at a projected level by manipulating other macroeconomic variables. The focus of the paper is to study inflationary situation in a vast and diverse emerging economy—India. Some parts of India are very affluent while others lack the basic amenities. This study, therefore, explores the implications of a strategic framework that is dynamic and flexible in nature and can be implemented with ease. The study empirically investigates the relationship between inflation and major economic aggregates. The findings show that inflation is highly correlated with interest rates, money supply, and real effective exchange rates. Thus, these variables can be adjusted to target inflation at a projected level. The outcome of this paper also provides suggestions for the implementation of a phase-wise flexible strategic policy framework.
  • No references.
  • No related research data.
  • No similar publications.

Share - Bookmark

Cite this article