This study analyzes global inflation synchronization and derives policy implications for the Korean economy. Unlike … previous studies that assume a single global inflation factor, this study investigates if inflation in Korea can be explained … further by other global inflation factors. Our principal component analysis provides three principal components for global …

majority of G20 countries in response to the acceleration of inflation …

inflation and output play an important role. In this paper we illustrate how modern sticky-price dynamic stochastic general … distribution of the forecast, as well as various inflation risk measures that have been proposed in the literature. Finally, the …

The purpose of the present paper is to investigate the structure and dynamics of professionals' forecast of inflation … multi-period forecast and, thereby, the expected momentum of inflation. Using number survey-based data for the US and UK, we …

Market efficiency hypothesis suggests a zero level for the intraday interest rate. However, a liquidity crisis … banks to plan supplementary market operations during turbulent times. Adding exogenous variables to proxy funding liquidity …