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Saroj Bhattarai
Saroj Bhattarai is an Associate Professor in the Department of Economics at University of Texas at Austin. His research interests include monetary and fiscal policy, international macroeconomics and finance, and empirical methods in macroeconomics. He holds a PhD in Economics from Princeton University.
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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.
