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Monetary Policy and Modelling Inflation in a Non-linear Framework in an Open Economy: Fresh Evidence from India

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South Asia Economic Journal

Published online on

Abstract

South Asia Economic Journal, Volume 26, Issue 2, Page 190-214, September 2025.
Central banks globally prioritize keeping inflation low and stable around a predetermined target because inflation volatility creates significant economic disruptions for the real economy, particularly affecting the population with fixed or limited ...