Debdulal Mallick is an Associate Professor of Economics at Deakin University, Australia. He studied at the University of Dhaka, Delhi School of Economics and got his Ph.D. in Economics from Emory University. His main areas of research are macroeconomics and development economics.
Are grain procurement shocks inflationary?
17 Oct 2016
Central banks in emerging markets grapple with understanding the inflationary impact of grain procurement shocks because the precise link between the agriculture sector and the rest of the economy may not be well understood. This column presents a framework to understand how the government’s grain procurement policy in India can be inflationary, and what the appropriate monetary policy response should be.
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