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Dynamic Connectedness Among Oil Prices, Exchange Rate and Consumer Inflation: New Evidence from India

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IIM Kozhikode Society & Management Review

Published online on

Abstract

IIM Kozhikode Society & Management Review, Ahead of Print.
This article examines the role of crude prices in affecting India’s currency and consumer inflation, analysing both the connectedness in the short and long run. Using wavelet coherency and dynamic Johansen cointegration methodology, the research ...