The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …

/financial uncertainty measures. Then, in the context of a VAR, we investigate the role of oil price uncertainty in driving inflation … expectations and inflation anchoring. We show that shocks to the mean factor lead to higher expected inflation and inflation … shocks in that they result in lower expected inflation, yet they do increase disagreement about future inflation among …

fluctuations associated with these events are also discussed, as is their role in the recent surge of inflation, with a particular …

This study examines the dynamic passthrough of oil price and exchange rate to inflation using a time-varying structural … price passthrough to food inflation is dynamic and incomplete, being positive during the GFC but marginally negative during … the recession and the pandemic. Exchange rate passthrough to food inflation during the three events are contemporaneously …