Is Inflation in India an Attractor of Inflation in Nepal? /

The paper attempts to answer some important questions around the inflationary process in Nepal, particularly the transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open border, price developments in Nepal would be expected t...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Ginting, Edimon
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2007.
Serier:IMF Working Papers; Working Paper ; No. 2007/269
Online adgang:Full text available on IMF
LEADER 01643cas a2200241 a 4500
001 AALejournalIMF009668
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451868326 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Ginting, Edimon. 
245 1 0 |a Is Inflation in India an Attractor of Inflation in Nepal? /  |c Edimon Ginting. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2007. 
300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper attempts to answer some important questions around the inflationary process in Nepal, particularly the transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open border, price developments in Nepal would be expected to mirror to those in India. The results show that inflation in India and inflation in Nepal tend to converge in the long run. Our estimates indicate that the passthrough of inflation from India to Nepal takes about seven months. The paper draws some implications for the conduct of monetary policy in Nepal. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2007/269 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2007/269/001.2007.issue-269-en.xml  |z IMF e-Library