Gautham Udapa

Center for Advanced Financial Research and Learning (CAFRAL)
Gautham Udapa

Gautham Udupa is a Research Director at the Center for Advanced Financial Research and Learning (CAFRAL). His research interests are in open economy macro, international trade, and household finance.

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Gautham Udapa

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Food, fuel, and facts: Distributional effects of global price shocks

The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines Indian household consumption and income data, and finds that on average, increases in these prices adversely affects consumption in the country. While rise in food prices unequivocally exacerbates consumption inequality, the effect of oil prices is more nuanced.

20 June 2024
Macroeconomics
Macroeconomics
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