inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … reminiscent of the global inflation generated by the weak dollar in the 1970s. …

depress growth. There are other arguments related to more immediate effects of debt on inflation and national solvency …

have become frequent and inflation has returned. This raises the question how sector-specific shocks are related to overall … pre-pandemic average price volatilities and the price shocks in the COVID-19 and Ukraine war inflation yield an almost …

In the last decades, many developing countries abandoned their existing policy regimes and adopted inflation targeting … (IT) by which they aimed to control inflation through the use of policy interest rates. During the period before the … respect to depreciation and appreciation in order to hit their inflation targets. To that end, we analyze central banks …

inflation rate, both on the global and the individual-country level. …

than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when …, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …

This paper examines the global drivers of inflation in 55 countries over the 1970-2022 period. We estimate a Factor … domestic shocks. We report three main results. First, global shocks have explained about 26 percent of inflation variation in a … typical economy. Oil price shocks accounted for only about 4 percent of inflation variation, but they had a statistically …

the widely held interpretation of the ECB as an inflation targeter-and a rather soft one, too-it is argued that the key … and inflation persistence that owes to the ECB's failure to internalize the euro area's fiscal regime. This raises the … question as to whether inflation targeting would have led to better results, or could do so in future. Key words: Monetary …