Smets, Frank; Tielens, Joris; Van Hove, Jan - 2018
a structural definition of pipeline pressures to inflation and use Bayesian techniques to infer their presence from … pressures take time to materialize which renders them an important source of inflation persistence. (ii) As we trace their … origins to 35 disaggregate sectors, pipeline pressures are documented to be a key source of headline/disaggregated inflation …