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This paper studies the role of global factors in causing common movements in consumer price inflation, with particular … collected from national and international sources. Global factors explain a large share of the variance of national inflation …
Persistent link: https://www.econbiz.de/10011637390
We study how precipitation has affected food consumer price inflation (CPI), using dynamic panel estimation of food CPI …. We allow for nonlinear effects of precipitation on food CPI inflation, and also control for possible nonlinear effects of … temperature. We find that precipitation has significant nonlinear effects on food CPI inflation. The coefficient of food CPI …
Persistent link: https://www.econbiz.de/10013380872
This paper studies the role of global factors in causing common movements in consumer price inflation, with particular … collected from national and international sources. Global factors explain a large share of the variance of national inflation …
Persistent link: https://www.econbiz.de/10012962351
This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%- 30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly … to the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically …
Persistent link: https://www.econbiz.de/10012892245
that the oil price passes through core inflation only via its effect on the whole economy. This pass-through is estimated …
Persistent link: https://www.econbiz.de/10011710173
This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria … domestic economies causing pressure on inflation in the long run; (ii) in the short run the impact of a positive shock in … international food price increases domestic inflation, depreci-ates the currency and reduces the agricultural trade; (iii) the …
Persistent link: https://www.econbiz.de/10012174767
In this paper, we analyze the presence of time variation in the pass-through from the nominal effective exchange rate to import prices for 24 advanced economies over the period 1995-2015. In line with earlier studies in the literature, we find substantial heterogeneity in the level of exchange...
Persistent link: https://www.econbiz.de/10011747729
Persistent link: https://www.econbiz.de/10013270502
Persistent link: https://www.econbiz.de/10012128308
This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%-30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly to … the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically, without …
Persistent link: https://www.econbiz.de/10011931321