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This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a …. Imported commodity price shocks are significant in explaining inflation in the region. Governments are another driving force of … inflation dynamics mainly through controlled prices and the role of capital expenditure in domestic activity. In most CEMAC …
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The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … high inflation to a low-growth period with exceptionally low inflation since the early 1990s. We show based on a stylized …
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The return of persistent inflation in OECD countries has been the most significant macroeconomic phenomenon in recent … maintain their levels of profitability in each of the European economies analysed, confirming that inflation hikes were led by … surging profits. This implies that the introduction or strengthening of price controls would help to rapidly bring inflation …
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