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aftermath of the global financial crisis as CCA countries have entered a relatively low inflation environment. The pass …-through estimates could be used by the CCA monetary authorities for inflation projections. The absence of non-linearities in the pass …
Persistent link: https://www.econbiz.de/10012300671
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subsequent sharp rise in inflation, including food price inflation. To better understand the conditions of food insecurity and … the impacts of inflation and other drivers of food insecurity in developing Asia, we carried out a household survey in … to experience food insecurity. Second, households that experienced high inflation, including food price inflation, also …
Persistent link: https://www.econbiz.de/10015070923
This paper investigates a perception in the political debates as to what extent poor countries are affected by price movements in the global commodity markets. To test this perception, we use the case of India to establish in a standard SVAR model that global food prices influence aggregate...
Persistent link: https://www.econbiz.de/10011336943
In the first-half of the global financial turmoil, rising inflation was a major concern for emerging East Asian central … addressing higher inflation or supporting moderate growth. Higher food and fuel prices were the major drivers of headline … inflation. Their causes, however, were a confluence of factors--whether cyclical or structural, domestic or global, supply or …
Persistent link: https://www.econbiz.de/10010529710
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …
Persistent link: https://www.econbiz.de/10010208787
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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 …
Persistent link: https://www.econbiz.de/10012225141