. This paper investigates the transmission of external shocks to these economies via their impact on inflation and inflation … volatility. The empirical results suggest that in both Indonesia and Thailand, inflation and inflation volatility are more … sensitive to external shocks relative to domestic shocks, consistent with the globalization hypothesis. Inflation and inflation …

This paper surveys and examines the sources of fluctuations in inflation and output in Turkey. Using a dynamic open … indicate that inflation is driven by monetary and real demand disturbances while output is mainly driven by aggregate supply … disturbances. The historical decomposition shows that a substantial portion of inflation is aggregate demand-driven core inflation …

output gap, and inflation in Chile, Korea, Mexico, and Turkey, using a generalized vector autoregression analysis. Nominal … historical wage shocks are shown to have an important effect on movements in inflation only in Mexico. Generalized impulse … reduction in output. Inflation increases in all countries, particularly Mexico. A positive shock to nominal money growth raises …

inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output … gap will have permanent andtemporary causal effects on inflation volatility. The policymakersshould carefully consider … these results to implement appropriatepolicies to reduce inflation volatility. The finding that the shocks areof temporary …

This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …

coordinated wage bargaining systems have a dampening impact on inflation volatility. …

aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …

gap and inflation for the Turkish economy using data from 2002:01 to 2021:09. First, it analyses the cointegration by …. The results also show asymmetric causality running from positive (negative) output gap to positive (negative) inflation … shock, and running from negative inflation shock to negative output gap shock. The overall findings indicate the importance …

Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is …