Munich Personal RePEc Archive

Revisiting the growth-inflation nexus: a wavelet analysis

Saumitra, Bhaduri (2012): Revisiting the growth-inflation nexus: a wavelet analysis.

[img]
Preview
PDF
MPRA_paper_38001.pdf

Download (145kB) | Preview

Abstract

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining this relationship using a wavelet multi resolution analysis with varying time scale decomposition suggests a strong and persistent negative relationship between growth and inflation for a short time scale, while it is not significant for a longer time scale.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.