were intended to break an "inertial" component of inflation. This paper focuses on a specific mechanism through which … inflation inertia can emerge: the interaction between lack of credibility of government monetary policy announcements and the … price setting period; that is important since the price setting period is likely to be short in high inflation economies. We …

-scraping, we collected daily prices for controlled and non-controlled goods and measured the differential effects on inflation … CPI weight, they have a temporary effect on aggregate inflation and no downward effect on other goods. Second, contrary to …

This paper explores the effects of relative food prices on body weight and body fat over time in China. We study a … cohort of 15,000 adults from over 200 communities in China, using the longitudinal China Health and Nutrition Survey (1991 …

subsidies for poor households in two provinces of China and find no evidence that the subsidies improved nutrition. In fact, it …

, fuel economy standards for automobiles, renewable portfolio standards, low carbon fuel standards, and—most recently—China … substantial gains could arise from shifting two programs, China’s new national carbon market (~60% gain) and the California Low …

Inflation targeting is shown to imply inflation forecast targeting: the central bank's inflation forecast becomes an … explicit intermediate target. Inflation forecast targeting simplifies both implementation and monitoring of monetary policy …. The weight on output stabilization determines how quickly the inflation forecast is adjusted towards the inflation target …