This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on … inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …

This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on … inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …

inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil …Predictions of oil prices reaching $100 per barrel during the winter of 2021/22 have raised fears of persistently high … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

that the oil price passes through core inflation only via its effect on the whole economy. This pass-through is estimated …We estimate the oil price pass-through into consumer prices both in the US and in the euro area. In particular, we … disentangle the specific effect that an oil price change might have on each disaggregate price, from the effect on all prices that …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

across the sample. Evidence in favour of a diminishing effect of oil price shocks on the output and inflation is found from … the oil price movements could explain at least some of the recent inflation, the main difference between these outcomes …This paper analyses the impact of oil both price shocks on the GDP and prices in the Spanish economy and its seventeen …

and inflation dynamics in Europe. Specifically, we include in our specification two separate energy markets (oil and … natural gas) and two target macroeconomic variables, measuring inflation expectations and the realized headline inflation. Our … results demonstrate that, during the last year, inflation in the Euro area is more affected from energy price shocks …

achieved by maximization of utility subject to budget constraint. An increase in inflation that is not accompanied by … about inflation which in turn requires appropriate modelling of inflationary behavior. This study assesses efficacies of … different versions of new Keynesian Phillips curve for capturing dynamics of CPI inflation. Estimation of different formulations …