This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …

growth, inflation rate, and exchange rate on the balance of payments by net foreign assets (NFA) in 17 developing countries … results indicate that domestic credit, interest rate, inflation and exchange rate have a significantly negative, while real …