Showing 1 - 10 of 76
This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …
Persistent link: https://www.econbiz.de/10011986398
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early … 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a … checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a …
Persistent link: https://www.econbiz.de/10012060219
This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …
Persistent link: https://www.econbiz.de/10012060221
Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …
Persistent link: https://www.econbiz.de/10013373857
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early … 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a … checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a …
Persistent link: https://www.econbiz.de/10011980872
We study the extent of global inflation synchronization using a dynamic factor model in a large set of countries over a … emerging market and developing economies) and to analyze commonalities in inflation synchronization across a wide range of … inflation measures. We report three major results. First, inflation movements have become increasingly synchronized …
Persistent link: https://www.econbiz.de/10011980916
This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures … (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator … available sources, our database constitutes a comprehensive, single source for inflation series. We illustrate the potential use …
Persistent link: https://www.econbiz.de/10012584053
We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the … near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR …) model. We report three main results. First, the decline in global inflation during the 2020 global recession was the most …
Persistent link: https://www.econbiz.de/10012584054
We study the extent of global inflation synchronization using a dynamic factor model in a large set of countries over a … emerging market and developing economies) and to analyze commonalities in inflation synchronization across a wide range of … inflation measures. We report three major results. First, inflation movements have become increasingly synchronized …
Persistent link: https://www.econbiz.de/10012890622
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early … 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a … checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a …
Persistent link: https://www.econbiz.de/10012891124