Inflation dynamics have been difficult to explain over the last decade. This paper explores if a more comprehensive … treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates …

rates on domestic inflation, which may have contributed to differences in policy stances during the boom in commodity prices …

Commodity prices rose strongly in recent years until mid-2008, driving inflation up worldwide. This feature … investigates aspects of the impact of the rise in food and energy prices on headline inflation and its dynamics using a dataset for … CPI inflation and its food and energy components that includes the major advanced and emerging economies. Our evidence …

of data. The results of ARDL/PMG reveal that there is no trade-off between inflation and unemployment rates in the panel … variables in the short run. In addition, the trade-off between inflation and unemployment for each of the panel's countries has …-off between inflation and unemployment rates in MENA countries. …