Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Conference Papers Conference Paper Faculty Publications- Conference Papers Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource An Econometric Approach Towards Exploring the Impact of Workers Remittances on Inflation: Empirical Evidence from India Subject The topic of the resource Consumer price index; Exchange rate; GDP; Granger causality; Inflation; Money supply; Vector autoregression; Wholesale price index; Workers remittances Description An account of the resource This paper attempts to study short and long run impact of increased workers remittances on general price level. It uses the real GDP growth, real effective exchange rate (REER), M3 (broad money), fiscal deficit to gauge the impact of foreign remittances on inflation. The study makes use of VAR/VECM framework to gauge the impact of workers remittances on inflation. Inflation is measured in terms of CPI and WPI, real income or GDP at constant prices is taken as a measure of GDP growth, REER is used for exchange rates and M3 is taken as a proxy for money supply. Monthly data of all these variables has been taken from Bloomberg and World Bank data base. The findings provide important insights into the nature of association between remittances and inflation suggesting causality between inflation, remittances, real GDP, real effective exchange rates and money supply due to increased workers remittances. The findings have policy implications for decisions to channelize workers remittances in a way to increase real GDP growth and money supply while at the same time not causing the general price levels to soar. The present study focuses on how increased (decreased) workers remittances is leading to increase (decrease) in general price levels in India. 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. Creator An entity primarily responsible for making the resource Jain V.; Mathur M. Source A related resource from which the described resource is derived Springer Proceedings in Business and Economics, pp. 293-303. Publisher An entity responsible for making the resource available Springer Science and Business Media B.V. Date A point or period of time associated with an event in the lifecycle of the resource 2022-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1007/978-981-16-7818-9_14" target="_blank" rel="noreferrer noopener">https://doi.org/10.1007/978-981-16-7818-9_14</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85125316330&amp;doi=10.1007%2F978-981-16-7818-9_14&amp;partnerID=40&amp;md5=5d56d26efb056e3d4595a0047e188e52" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85125316330&amp;doi=10.1007%2f978-981-16-7818-9_14&amp;partnerID=40&amp;md5=5d56d26efb056e3d4595a0047e188e52</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 21987246; ISBN: 978-981167817-2 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Conference paper Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Jain V., Christ (Deemed University), Pune, Lavasa, India; Mathur M., Manipal University Jaipur, Jaipur, India