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into a "real part" due to the changes in quantities and an inflation due to the changes of prices. Examples are: real …
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This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …
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We examine the consumer price inflation experiences of Australian households across the income distribution using … – 2018, we find that the lowest income households have experienced the largest inflation and those at the top have … experienced the least inflation. These differences in inflation experience are completely driven by alcohol and tobacco. When we …
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monetary policy decision making: the use of a broader inflation measure that gives substantial weight to house prices and is … considered along with headline CPI inflation. We argue that, in terms of theory, the broader inflation gauge is at least as … suitable for measuring the value of money as headline CPI inflation is, but we also acknowledge practical problems that arise …
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Price selection is a simple, model-free measure of selection in price setting and its contribu- tion to in ation dynamics. It exploits comovement between in ation and the level from which adjusting prices departed. Prices that increase from lower-than-usual levels tend to push in a- tion above...
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