ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Inflation in India during the 80s-An Analytical Review

THF primary concern of central banks every where is to maintain internal and external stability of the home currency. The debate about trade off between inflation and employment (output) and controversies regarding specification of Phillips curve notwithstanding, no central bank has shown total disregard about price stability [Branner and Meltzer 1976 and Bhattacharya and Lodh [1990]. A .substantial body of literature now exists to prove or disprove the oft-quoted assertion of Friedman

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top