shocks in Chile. These links have changed significantly after the Global Financial Crisis. In particular, they have been …

. Potential output is seen as sustainable; yet experience indicates that output may be on an unsustainable path even if inflation …

increases in China for global inflation pressures are also discussed …

inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange … across a range of econometric tests, input-output linkages account for half of the global component of PPI inflation. We … preserves fat-tailed idiosyncratic shocks and thus leads to a fat-tailed distribution of inflation rates, i.e., periods of …

Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper …, is an important channel through which global economic slack influences domestic inflation. In particular, we document the … inflation rates, both across countries and over time. Accounting for the role of GVCs, we also find that the conventional trade …

Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional …In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in … forecasters carried out by the Central Bank of Chile. We consider two episodes of preannounced central bank interventions during …

shocks on wages and inflation but heighten the impact of technology shocks. Informality also increases the sacrifice ratio of … inflation volatility for some type of shocks but makes monetary policy less effective …

The relationship central to most inflation models, between slack and inflation, seems to have weakened. Do we need a …-cycle decomposition - to show that inflation models should more explicitly and comprehensively control for changes in the global economy … rates, and producer price competition can all significantly affect inflation, even after controlling for the standard …