domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock … pass-through following this shock is of opposite sign to what is usually expected. Finally, exogenous shocks to the …

that ERPT changes with the kind of shock and the monetary policy response to it. …

We investigate the relationship between inflation uncertainty and monetary policy transmission in the U.S. economy … through the external finance premium and the term structure of interest rates appears strongly dependent on inflation …

. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

The pass-through from exchange rate changes to inflation differs depending on the underlying shock. This paper … exchange rate following a certain exogenous shock, with a structural econometric approach using data for Sweden, a small … shock is rather small. Importantly, this shock is not the most important driver of exchange rate fluctuations, unlike what …

We disentangle the effects of monetary policy announcements on real economic variables into an interest rate shock … component and a central bank information shock component. We identify both components using changes in interest rate futures and … that a contractionary interest rate shock appreciates the dollar, increases the excess bond premium, and leads to a decline …