Pincheira, Pablo; García, Álvaro - Banco Central de Chile - 2007
countries including Chile. All the countries in our sample display a significant response in headline inflation, energy … inflation and non-core inflation. We also find a significant response in core inflation for all countries other than the U.S and … headline, total and non-core inflation is above average. Notwithstanding the above, we notice that the size and persistence of …