Following a period of disinflation during the 1990s and early 2000s, inflation in emerging markets has remained … trade and the broader globalization in these economies, or to better domestic policies? In this paper, we review the … inflation performance in a sample of 19 large emerging markets in the past couple of decades and quantify the impact of domestic …

This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in …, globalization appears to have lowered Polish prices by 1⁄2 to 1 percentage point annually since 1995, substantially more than in … advanced economies. However, future inflation-dampening effects in the NMS are likely to be smaller as the pace of increases in …

factors argued to explain the differences in the trends in core inflation and relative prices in the United Kingdom, the Euro … Area and the United States. The simulation results indicate that while the direct effect of globalization has had a larger …

This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the … findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad … retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing …

currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining … low and stable inflation could at the same time reduce consumption inequality over a 12-18 month horizon, commonly … benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption …

Determining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount …-makers should continue to pursue low and stable inflation and develop a strong track record of prudent macroeconomic policies for …

aftermath of the global financial crisis as CCA countries have entered a relatively low inflation environment. The pass …-through estimates could be used by the CCA monetary authorities for inflation projections. The absence of non-linearities in the pass …

that this may have contributed to more elastic aggregate supply in recent years, which is consistent with lower inflation …