by the announcement of inflation targeting in 1991 when estimating the effects of monetary policy. For instance, we find …

correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long …

Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and … short and long-term impact of an exchange rate shock on inflation along the distribution chain in the presence of … have showed that the accumulated PT on inflation of import prices rises from 20% in the first month of the exchange rate …

This paper decomposes the time-varying effect of exogenous exchange rate shocks on euro area countries inflation into … quarters of the past six years, especially in turning point periods. Our main results indicate that headline inflation in euro … inflation this increasing sensitivity is solely reliant on a sustained surge in the degree of comovement, for energy inflation …

This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …

economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock …

Are government spending shocks inflationary at the zero lower bound (ZLB)? Despite the importance of the inflation … Keynesian models, which predict a larger fiscal multiplier following fiscal expansion at the ZLB - driven by rising inflation …

This paper investigates the impact of fiscal shocks on inflation, using a large panel of 139 countries over the period … 1970–2021. First, both headline and core measures of inflation increase in response to expansionary shifts in the fiscal … with care in aggregate demand management as it has significant effects on inflation, which are highly dependent on fiscal …