Inflation-Forecast Targeting for India : An Outline of the Analytical Framework / Jaromir Benes, Kevin Clinton, Asish George, Joice John.
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other count...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2017.
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Series: | IMF working paper ;
WP/2017/032. |