costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher …

inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the … and OPU shocks are larger when allowing for asymmetries in the context of the NARDL framework. Further, EPU shocks …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …

estimating a smooth transition regression model with different inflation expectations regimes for five inflation targeting …) respectively over the period January 1993-August 2021. Both market and survey measures of inflation expectations are used as the … expectations of both consumers and producers are considered instead of expectations from consumer surveys only. Finally, inflation …

This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the … inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and … inflation and also significant for food CPI inflation. A 10% depreciation in the exchange rate leads to an increase in energy …

This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing … distributed lag approach (NARDL), and the Hansen's model (2000). Our econometric results first indicate that the effect of oil … price on inflation tends to change across sectors and countries. Second, the inflationary effects of variations in oil …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the … through ; China ; inflation ; markups …

the shift towards reduced inflation regimes in our sample of countries. Finally, we notice that the distinction between …