We empirically investigate the proposition that firms charge premia on cash prices in transactions involving trade … credit. Using a comprehensive Swedish panel dataset on product-level transaction prices and firm-characteristics, we relate … trade credit issuance to price setting. In a recession characterized by tightened credit conditions, we find that prices …

Concerns about the magnitude and length of exchange rate pass-through to consumer prices have increased in many … prices in Nigeria for the period 1995Q1 - 2015Q1. Utilizing the Johansen approach to cointegration and a vector error … correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long …

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 …

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 …

dynamics. It exploits comovement between in ation and the level from which adjusting prices departed. Prices that increase from …

Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often …

and Galí (2006, 2008) New-Keynesian model of inflation and unemployment, where labor market frictions due to costs of … alternative values of hiring costs as a percentage of GDP. Under low hiring costs - a typical part of the U.S. calibration - for … policy rules based on current period inflation and unemployment our results are similar to those of Bullard and Mitra (2002 …

price adjustments even in a period of a runaway inflation, when 85 percent of the prices change every month. … rigidity during a period of a runaway inflation, when the annual inflation rate was in the range of 60%-430%. Surprisingly, we … find that 0-ending prices are less likely to adjust, and when they do adjust, the average adjustments are larger. These …

This paper examines the impact of public sector borrowings on prices, interest rates, and output in Nigeria. It …