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Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to … food-inflation co-movement. By contrast, cross-country co-movement in core inflation is weak and the aforementioned … inflation. In the context of the growing literature on the globalization of inflation, these results suggest that common weather …
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Deflation has emerged as a new concern for Asian policy makers. The traditional view is that deflation can lead to a vicious cycle of falling demand and prices, and is thus a dangerous condition. However, another school of thought emphasizes the role of positive supply shocks and takes a more...
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networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more … intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs … price dynamics in the Asia-Pacific region. …
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