Measuring business cycle conditions in India
Publication date
May, 2019Details
NIPFP Working Paper No. 269Authors
Radhika Pandey, Ila Patnaik and Ajay ShahAbstract
We develop a measure of business cycle conditions at a quarterly frequency – the coincident indicator – that better utilises the limited data resources available in India. The new indicator has a historical time series from 1999 onwards. The methods used here feature numerous improvements upon previous work in the field.