Showing 1 - 10 of 2,180
This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures … (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator … available sources, our database constitutes a comprehensive, single source for inflation series. We illustrate the potential use …
Persistent link: https://www.econbiz.de/10012584053
Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often …
Persistent link: https://www.econbiz.de/10012249671
domestic product, the real exchange rate, fiscal and trade balances, and inflation to global demand, commodity price, monetary … especially to global demand fluctuations associated with declines in commodity prices. However, despite the similarities that …
Persistent link: https://www.econbiz.de/10012117480
model that global food prices influence aggregate prices and food prices in India. To further analyze these empirical … results, we specify a small open economy New-Keynesian model including oil and food prices and estimate it using observed data …
Persistent link: https://www.econbiz.de/10011336943
This paper investigated the link between inflation and the top decile income share after the global financial crisis …. The analysis was done on a sample of 42 countries. We found that higher inflation has reduced the income going to the top … decile. The main explanation is that inflation has eroded their labour income, differently from the low-income individuals …
Persistent link: https://www.econbiz.de/10010374488
This paper aims to show why Irving Fisher's own data on interest rates and inflation in New York, London, Paris, Berlin … changes in inflation, not even in the long run. In Fisher's data, interest rates have more persistence than inflation and … change less than inflation over time. The Fisher effect is a misnomer unless it is taken to refer to what Fisher actually …
Persistent link: https://www.econbiz.de/10010496089
studied. This research aims to investigate the interdependent relationships between world GDP, world commodity prices, world … inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector …
Persistent link: https://www.econbiz.de/10012799838
affect medium-term inflation, the primary objective of monetary policy. Using panel local projections for 48 advanced and … emerging market economies (EMEs), we study the impact of country-specific temperature shocks on a range of prices: consumer … prices, including the food and non-food components, producer prices and the GDP deflator. Hot summers increase food price …
Persistent link: https://www.econbiz.de/10012705523
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has … domestic labour cost changes to core CPI inflation decreased from 0.25 in the 1980s to just 0.02 in the 2010s, while the …
Persistent link: https://www.econbiz.de/10012612957
Persistent link: https://www.econbiz.de/10013270502