This paper aims to examine the impacts of sectoral price control policies on oil price pass-through into China …'s aggregate price level. To that end, we develop a partial transmission input–output model that captures the uniqueness of the … Chinese market. We hypothesize and simulate price control, market factors and technology substitution – the three main factors …

in driving inflation as globalization increases. We investigate the empirical evidence in favor of this prediction by … using a Time-varying VAR. Two main results emerge from the analysis: First, global slack is found to affect the dynamics of … inflation in many countries, yet its influence did not become stronger over time. Second, a panel analysis that exploits the …

The Paper presents a model in which the exogenous money supply causes changes in the inflation rate and the output … growth rate. While inflation and growth rate changes occur simultaneously, the inflation acts as a tax on the return to human … the income velocity of money that can break the otherwise stable relation between money, inflation, and output growth …

This paper attempts to establish a greater awareness among researchers for the noteworthy contributions to price index … well-known price indices that presently carry their names. Moritz Wilhelm Drobisch was the first to publish them in 1871 in …, because in his view they were inappropriate measures of inflation. Instead, he devised the unit value index, which he regarded …

Following price and exchange rate liberalization, domestic consumer prices in Russia moved closer to market levels …. This paper quantifies the magnitude of the associated relative price changes. It also shows that relative price variability … has been positively correlated with inflation. It is further established that convergence toward international relative …

Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s, exploding into … hyperinflation in the last quarter of 1989. Monetary accommodation of inflation, the behavior of demand for money, and the … policy stance on exchange and interest rates, led to a significant feedback from inflation to money supply. Despite their …

This paper aims at investigating first, the (possibly time-varying) empirical relationship between price and financial …. Three empirical methods are used to examine the relevance of A.J. Schwartz's “conventional wisdom” that price stability … would yield financial stability. Using simple correlations and VAR and Dynamic Conditional Correlations, we reject the …

components improves forecast accuracy of the aggregate forecast of euro area and US inflation in some situations, but not in …

, and hence in the barriers to entry and in impediments to competition, on inflation dynamics since the early 1980s. …