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useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this … worldwide level of interest rates received in the recent debate about the world savings and liquidity glut as one of the main …
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Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor … explains approximately 58% of the variation in headline inflation across all countries and over 72% in OECD economies. The … explanatory power of global inflation is equally high in a shorter sample spanning the time since 2000. Core inflation is also …
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-based disinflation around the world over the past half-century, with global consumer price inflation down from a peak of roughly 17 …This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures … (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator …
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