摘要：This paper estimates the unobserved inflation expectations in India between 1993: Q1 to 2017: Q1 from the Fisher equation relation based on the state space approach using Kalman Filter. We find inflation forecast obtained from Fischer equation by applying Kalman Filter match well with the inflation forecasts made by the Survey of Professional Forecasters and Inflation Expectations Survey of Household conducted by the Reserve Bank of India and the International Monetary Fund for the Indian economy..
