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Using survey data of inflation expectations across a 36 developed and developing countries, this paper examines whether … the adoption of inflation targeting has helped to anchor inflation expectations. We examine the response of inflation … expectations following a shock to inflation, inflation expectations, and oil prices. For the 13 countries that adopted inflation …
Persistent link: https://www.econbiz.de/10010772603
financial policy and analysis covering four areas: the emergence and taming of the great inflation, developments in US external …
Persistent link: https://www.econbiz.de/10011114882
Persistent link: https://www.econbiz.de/10000626594
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the Federal Reserve does its job of holding inflation at bay, and as long as our political leaders resist protectionism …
Persistent link: https://www.econbiz.de/10010723077
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more … intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs … price dynamics in the Asia-Pacific region. …
Persistent link: https://www.econbiz.de/10010772602
do not make a distinction between the relative impacts of short-term vs. long-term unemployment on wage inflation. Using …
Persistent link: https://www.econbiz.de/10010942918
Greater openness has become an almost universal feature of modern, developed economies. This paper develops a workhorse international model, and explores the role of standard monetary policy rules applied to an open economy. For this purpose, I build a two-country DSGE model with monopolistic...
Persistent link: https://www.econbiz.de/10005367953