This paper summarises ongoing work that investigates the pass-through from shorthorizon and long-horizon inflation … forecasts as a way to assess the anchoring of inflation expectations across a sample of 44 economies. It reports an overall … decline in the pass-through, with the share of economies having anchored expectations increasing over time. Inflation …

Since the early 2000s, inflation in Russia has never fallen below 6%, except for brief intervals following the major … crisis of 2008 and the changes in 2012 to the seasonal indexation of administered prices.Persistently high inflation … expectations have posed a challenge to the Bank of Russia in setting its 4% inflation targeting course. A further complication was …

This note examines Malaysia's inflation dynamics as influenced by changes in the policy environment and economic …, Malaysia's inflation dynamics are expected to change, and this will have implications for the central bank's policies ….Full Publication: 'http://ssrn.com/abstract=2870167' Inflation Mechanisms, Expectations and Monetary Policy …

Inflation in Israel has been below the inflation target for over two years now and inflation expectations at short … horizons have followed actual inflation to below the target. The low inflation outturns are the result of sharp, negative … domestic policy mandated price declines. A number of other countries are also experiencing below-target inflation. This paper …

introduced with the aim of preventing deflation in the Czech economy and restoring inflation to its target rate. This note … presents a simplified analysis of the pass-through of the CNB's exchange rate commitment to inflation and of why the subsequent … turnouts of actual inflation need not have matched the CNB's initial expectation. We will not, however, attempt to evaluate the …

We analyse the evolution of inflation in Chile over the last decade and a half through the lenses of the new keynesian … gap, inflation expectations, indexation to past inflation and the exchange rate. Based on the evidence gathered, we … provide an interpretation of the inflation process in Chile. We show that in general terms the evolution of inflation can be …

Inflation dynamics in Brazil are high and volatile. This short paper seeks to shed some light on the features of … inflation in Brazil and provides a non-exhaustive list, in the way of a primer, of factors that are especially important. It … also offers some suggestions for how monetary policy could deal with these factors to control inflation and bring interest …

This paper documents three major and favourable inflation dynamics in emerging market economies (EMEs). First, the … level of inflation has moderated in EMEs and has been broadly stable since the early 2000s. Second, inflation persistence … after the financial crisis. In addition, the paper shows that the role of global factors on inflation is larger for EMEs …

inflation rates. With a few exceptions, this accomplishment was a global one. Motivated by concerns over whether the relentless … easing of policy in economies most stricken by the US and euro zone financial crises may lead to higher future inflation …, this paper examines inflation forecast performance along several dimensions. The focus is on 12 economies in Asia and the …

and Inflation Dynamics in Asia and the Pacific" on 23-24 September 2013 in Beijing. This was the wrap-up conference for … the BIS Asian Office's two-year research programme on globalisation and inflation that was launched by the Asian … covered the dynamics of inflation forecasts in the region; the measurement of economic slack; supply chains and inflation …