frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative …

The perception that Asia's inflation dynamics are driven by idiosyncratic supply shocks implies, as a corollary, a … economy in the last couple of decades suggest that the drivers of inflation may have changed. This paper presents a … quantitative analysis of inflation dynamics in Asia using a Global VAR (GVAR) model, which explicitly incorporates trade and …

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 …

investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … multipliers are also reduced by a sizeable effect on inflation, as Chinese firms participate in international production chains. …

investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … multipliers are also reduced by a sizeable effect on inflation, as Chinese firms participate in international production chains …