Expected Inflation and Forecast of Growth Rate in India
Under rapidly changing economic environment in India, economic decision makers at various levels are likely to consider reliable short term forecast of the growth rate of the economy as an important input. It is argued that a simple model with a few variables is likely to be more relevant and reliable for the purpose than elaborate complicated models with hundreds of equations and variables. Expected inflation rate and internal supply-shock are hypothesized to be crucial variables. Numerous alternative methods are tried to measure the expected inflation in India and final choice is made on the bases of certain criteria discussed in the paper. The growth forecasting performance of the model suggested in the paper is compared to the official estimates for the last two years The exploratory exercise carried out in the paper shows promise and potential.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:|
|Date of revision:|
|Contact details of provider:|| Phone: 91 79 2630 7241|
Fax: 91 79 2630 6896
Web page: http://www.iimahd.ernet.in/publications
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp01159. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.