hypothesis that as GVCs expand, direct and indirect competition among economies increases, making domestic inflation more …

- often referred to as globalisation - has been taking place. In this article, we analyse the effects of globalisation on … inflation in OECD countries. We theoretically outline different channels through which globalisation may have influenced … globalisation has contributed to the disinflation process in OECD countries since the 1980s. Inflation rates became much less prone …

- often referred to as globalisation - has been taking place. In this paper, we analyse the effects of globalisation on … inflation in OECD countries. We theoretically outline different channels through which globalisation may have influenced … globalisation has contributed to the disinflation process in OECD countries since the 1980s. Inflation rates became much less prone …

Dynamic econometric models are carefully built to analyse counterfactually the globalisation effect on inflation for … imports from low-cost emerging-market economies are mostly deflationary; and (iii) there is almost no direct globalisation … negative. Overall, globalisation is found to have contributed positively to lowering rather than stabilising inflation during …

the aim of analysing counterfactually the globalisation effect on inflation. The main findings are (i) the effect is … globalisation impact as far as inflation persistence is concerned while the impact on inflation variability can be positive as well … as negative. Overall, globalisation is found to have contributed positively to lowering rather than stabilising inflation …