over the past decade or so? The present Commentary considers the consequences of the spread of inflation control regimes … worldwide in shaping where Canada goes from here after 31 December 2011, when the current inflation control target agreement …'s inflation targeting regime approaches, what elements of the existing policy regime deserve attention? Since Canada is at the …

similar impact across all three economies considered. This is true for monetary policy and the response of global inflation to …

since the early 1990s for a group of 9 economies, 5 of which explicitly target inflation, and ask: To what extent are … disagreements over forecasts of inflation driven by movements in relative prices? The empirical evidence leads to the following … conclusions. First, there is little doubt that IT has contributed to narrowing the forecast differences vis-a-vis U.S. inflation …

There is no consensus over the importance of “global forces” on inflation. This study explores the role of structural … breaks in the inflation process, and their timing, whether it is common across countries, and the extent to which ‘global … forces' are relevant. Three conclusions stand out. Global inflation impacts inflation in both AE and EME, but the impact is …

In this paper we investigate dynamics of global inflation and short-run inflation expectations. We estimate a global … inflationary pressure that could drive up inflation expectations: domestic aggregate demand and supply shocks as well as a global … increase in oil price inflation. Our results indicate that inflation expectations tend to increase as inflation accelerates …

There is no consensus over the importance of "global forces" on inflation. This study explores the role of structural … breaks in the inflation process, and their timing, whether it is common across countries, and the extent to which "global … forces" are relevant. Three conclusions stand out. Global inflation impacts inflation in both AE and EME, but the impact is …

Inflation is a monetary policy outcome, but in the short to medium term, price and wage decisions are co-determined by …, deliberately simplified messages, most of the public tends to access inflation-related information through the media. In this paper …, we examine South African newspaper articles to identify how inflation is presented in the media and the role of the media …

The time profile of inflation in China resembles the one experienced in major industrial countries. Given the … considered by Bordo, Landon-Lane and Redish (2004). Our principal finding is that inflation in China has been primarily driven by … monetary factors. While aggregate supply factors may have pushed inflation to cross the threshold leading to deflation …

This paper re-examines the findings of Alogoskoufis and Smith (1991), who argue that sharp increases in inflation … United States, Canada and Sweden, we suggest that these authors' emphasis on a post-1967 shift in inflation persistence is … misplaced and that there are other equally good candidates to account for changes in inflation persistence such as wars, oil …