, thus linking the strength of asset price transmission to underlying trade and asset holdings, and find that in particular …

A number of studies document the prominent role of global factors in domestic inflation developments (e.g. Borio and … Filardo, 2007; Ciccarelli and Mojon, 2010). In this paper we investigate global dimensions of advanced economy inflation. We … inflation expectations and augment Phillips curves with global factors including global economic slack, global inflation and …

;developedquot; countries. For emerging markets with only one digit inflation (most notably the Asian countries), passthrough to import and … evidence for a positive relationship between the degree of the ERPT and inflation, in line with Taylor's hypothesis once two …

This paper estimates export and import price equations for 41 countries -including 28 emerging market economies … differentiation also play a role; (iii) export and import price elasticities tend to be strongly correlated across countries; (iv …