excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s …

sample periods. The exchange rate equation implied by the interest rate rule that allows for interest rate and inflation …

predicted by estimates based upon a cross-country sample, when using the 2006 vintage of the World Development Indicators. The …

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 …

This paper employs a stylized New Keynesian DSGE model for a monetary union to analyze whether cyclical inflation … the fraction of borrowers and to a lesser extent the loan-to-value ratio - generate inflation differentials that are … characteristics of financial markets should be seen as a possible alternative explanation for the observable inflation dispersion in …