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Inflation Expectations and Keeping Up With the Joneses

NO : WP-2024-018 AUTHOR : Taniya Ghosh and Abhishek Gorsi TITLE :  Inflation Expectations and Keeping Up With the Joneses Abstract The paper analyzes the role of personal income change and social comparisons in ex­plaining the heterogeneity and upward bias in Indian households’ inflation expectations by using repeated cross-sectional data from the Reserve […]

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Access to clean cooking fuel and women outcomes

NO : WP-2024-017 AUTHOR : Bharti Nandwani and Manisha Jain TITLE : Access to clean cooking fuel and women outcomes ABSTRACT : This paper examines the impact of India’s Pradhan Mantri Ujjwala Yojana (PMUY), a clean cooking policy that offered free Liquified Petroleum Gas (LPG) connections to women from economically and socially disadvantaged households, on […]

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A historical perspective on India’s inflation persistence: a quantile analysis

NO : WP-2024-015 AUTHOR : Yadavindu Ajit and Taniya Ghosh TITLE :  A historical perspective on India’s inflation persistence: a quantile analysis ABSTRACT : This study investigates historical inflation persistence in India under three distinct regimes: monetary targeting, multiple indicator, and inflation targeting (IT). Previous stud- ies for India relied heavily on mean-based […]

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Inflation convergence across Indian states

NO : WP-2024-014 AUTHOR : Yadavindu Ajit and Taniya Ghosh TITLE : Inflation convergence across Indian states ABSTRACT : This study examines the convergence of inflation and the formation of inflation clubs across Indian states from 2012 to 2023. The empirical findings indicate a reduction in inflation dispersion among Indian states. The convergence test using […]

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