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We investigate the interconnectedness between CPI inflation in the G7 countries and China and oil price inflation over … inflation rates and the oil price inflation. This relationship is not only time-varying, but also has been rising over time and …, remarkably so, during the oil crises and financial stress episodes. We also show that the oil price inflation is a crucial …
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The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
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