Template-Type: ReDIF-Article 1.0 
Author-Name: Apica Sharma
Author-Email:  apica.sharma15@gmail.com
Author-Workplace-Name:  Department of Economics, IGNOU, India
Title: Expectations Channel of the Monetary Policy in India - A Structural Factor Augmented VAR Approach
Abstract:  This study analyses the impact of inflation expectations from 17 July 2016 to 20 August 2022 using the actual future consumer price index (CPI) in the Structural Factor Augmented Vector Autoregressive (SFAVAR) Framework. Around 85 percent of inflation expectations are self-explanatory in the long run. Hence, it is important to keep inflation expectations at historically low levels because in a developing country like India, inflation expectations are rising rapidly but are rigid when falling.
Classification-JEL:  C32 ,C38, E52 ,E58
Keywords:  Expectations Channel, Monetary Policy, Structural Factor Augmented VAR
Journal:  Asian Economics Letters
Pages: 1-10
Volume: 3
Issue: 4
Year:  2022
DOI:  2022/11/08
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/37046-expectations-channel-of-the-monetary-policy-in-india-a-structural-factor-augmented-var-approach.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:78