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Trend inflation estimates for 12 of the largest Asian economies over 1995-2018 offer important insights on inflation … dynamics and inflation expectations. The disinflationary shocks that hit the region since 2014 were partly transitory, but … their effects have been different depending on the behaviour of trend inflation in each country. Countries with relatively …
Persistent link: https://www.econbiz.de/10012858259
Against the background of the rapid integration of emerging Asia into the global economy, this paper investigates the … role of domestic and external factors in driving individual emerging economies in Asia. We estimate VAR models for ten …
Persistent link: https://www.econbiz.de/10012778007
dependence of emerging Asia on external demand. This paper analyses, using an update of the Asian International Input-Output (AIO … linkages. According to the results, we do not find evidence of the decoupling of emerging Asia from the rest of the world. On … indicates that emerging Asia's dependence on exports is only about one-third of its GDP, i.e. well below the 50% exposure …
Persistent link: https://www.econbiz.de/10012765710
sudden stops in Asia and Latin America, while the euro is a better hedge for sudden stops in Emerging Europe. We reproduce …
Persistent link: https://www.econbiz.de/10012771394
regions with widening imbalances, the United States and emerging Asia, using sign restrictions that are compatible with … imbalances in the US and emerging Asia than a quot;savings glutquot …
Persistent link: https://www.econbiz.de/10012771616
is rather diverse especially as compared to the group of top performing emerging markets in Asia. Econometric analysis …
Persistent link: https://www.econbiz.de/10013318047
In this paper we explore the link between the intensity of product market competition and inflation rates across EU … countries and sectors. We consider long-term averages of inflation rates in order to remove the cyclical behavior of inflation … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …
Persistent link: https://www.econbiz.de/10011604499
setting behaviour of Portuguese firms. Inflation, the level of economic activity and the magnitude of the last price change …
Persistent link: https://www.econbiz.de/10011604557
This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of (22 … associated to Global Inflation is not only due to the trend components of inflation (up from 1960 to 1980 and down thereafter …) but also to fluctuations at business cycle frequencies. Second, Global Inflation is, consistently with standard models of …
Persistent link: https://www.econbiz.de/10011604583
The paper analyses the short-run impact of periods of strong monetary growth on inflation dynamics for 15 …
Persistent link: https://www.econbiz.de/10011604795