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 …

This paper surveys the recent literature on inflation forecasting and conducts an extensive empirical analysis on … forecasting inflation in Singapore, Japan, South Korea and Hong Kong paying particular attention to whether the inflation …-markup theory can help to forecast inflation. We first review the relative performance of different predictors in forecasting h …