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 …

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 …

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

.The paper shows that declining nominal prices were a rather common phenomenon during this period of low or no inflation ….This was a period of very low inflation.The rate of growth in the aggregate price level was occasionally very close to zero ….The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies.Hence, the downward …

This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government … limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers' social security …

This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … system. Real wages and wage inflation emerge as especially persistent following an import price shock, while price inflation … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …

Inflation rate determinants for the USA have been analyzed in this study starting with 2008, when the American economy … monthly inflation rate in the USA. The Stochastic Search Variable Selection (SSVS) has been applied for a subjective … probability acceptance of 0.3. The results are validated also by economic theory. The monthly inflation rate was influenced during …

This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper … effect on both city-level inflation and spending growth over the years following the change. The most noticeable effects are …

Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially … functions show that increased uncertainty caused a rise in inflation contemporaneously and for a few months afterward in GAPH … elevated economic uncertainty directly affected inflation dynamics and the incidence of hyperinflation during the interwar …