Showing 1 - 10 of 346
Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to … food-inflation co-movement. By contrast, cross-country co-movement in core inflation is weak and the aforementioned … inflation. In the context of the growing literature on the globalization of inflation, these results suggest that common weather …
Persistent link: https://www.econbiz.de/10012865120
We use micro data collected at the border and at retailers to characterize the effects brought by recent changes in US trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by documenting that the tariffs were almost fully passed...
Persistent link: https://www.econbiz.de/10012858385
inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …
Persistent link: https://www.econbiz.de/10012983957
inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …
Persistent link: https://www.econbiz.de/10012998797
times. An inflation shock only slightly reduces the debt ratio for a few quarters. A positive growth shock unambiguously …
Persistent link: https://www.econbiz.de/10013098577
higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation targeting regimes … inflation responds to international commodity price shocks …
Persistent link: https://www.econbiz.de/10013098581
Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical … for formulating and assessing monetary policy. Food prices are found to be a key driver of inflation, and, not surprising … underlying inflation by 1 percentage point. So, while inflation will remain volatile due to agricultural shocks, there is space …
Persistent link: https://www.econbiz.de/10013098617
This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …
Persistent link: https://www.econbiz.de/10013082860
The perception that inflation dynamics in Sub-Saharan Africa (SSA) are driven by supply shocks implies a limited role … for monetary policy in influencing inflation in the short run. SSA's rapid growth, its integration with the global economy …, changes in the policy frameworks, among others, in the last decade suggest that the drivers of inflation may have changed. We …
Persistent link: https://www.econbiz.de/10013015595
wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices …. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the … passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations …
Persistent link: https://www.econbiz.de/10012842209