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Measuring business cycle conditions in India

Publication date

May, 2019

Details

NIPFP Working Paper No. 269

Authors

Radhika Pandey, Ila Patnaik and Ajay Shah

Abstract

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.

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