Household India: Monetary Policy to Household Consumption

This study employs high-frequency household panel data, sentiment indices, and exogenous monetary policy shocks to identify a key behavioral channel in the transmission mechanism. The data is sourced from the CPHS, a private subscription-based database, and has been uploaded here solely for the purpose of replicating our analysis in the paper titled “When Optimism Shields and Pessimism Amplifies: Sentiment-Driven Transmission of Monetary Policy to Household Consumption in India.” Please note that the dataset must not be used for any purpose other than replication of this study.

本研究采用高频家庭面板数据、情绪指数与外生货币政策冲击，识别出货币政策传导机制中的核心行为渠道。本数据集来源于私人订阅型数据库CPHS，本次上传仅用于复现题为《乐观避险与悲观放大：印度货币政策通过情绪传导影响家庭消费》的论文中的相关分析。请注意，本数据集仅可用于本研究的复现工作，不得用于其他任何用途。