strategies may be well described by Taylor rules with a time-varying inflation target, a time-varying natural rate of … benchmark model that does not account for changes in trend inflation and trend unemployment …

In this paper we analyze statistics derived from the cross-wavelet transform of inflation differentials and exchange … measure, based on singular value decomposition, that shows which countries have significantly similar inflation differential …

inflation will be higher in countries where prices are initially low. Price level convergence thus provides a potential … explanation for recent cross-country differences in European inflation, a worrisome development under the ECBs "one … how much of the recent divergence of national inflation rates can be explained by price level convergence. I show that …

. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

currency rationing. This in turn ignites inflation due to external bottlenecks since many sectors face supply constraints as … growing distributive conflict and fuels inflation further, as workers oppose to the lowering of real wages. Moreover, the … parallel market devaluation-inflation spiral, which threatens to turn into hyperinflation. Nevertheless, we argue that …

This paper describes research comparing the response of inflation to changes in exchange rate competitiveness in … various regions of the world. The paper first presents evidence that an empirical relationship between the rate of inflation … possible to achieve low inflation and a high export competitiveness simultaneously. The paper then demonstrates that the …

During the pandemic, many countries saw a slight and ephemeral decline decrease in inflation at the beginning, followed …’ currencies have faced continuous depreciation. This study aims to examine the relationship between changes in inflation and … appreciation of the U.S. dollar is linked to an acceleration in global inflation. The infection rate and GDP per capita have a …