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in the global inflation climate, whether the change in trend is likely to be sustained and the implications for monetary … avoiding the mistakes of the 1970s, when high inflation became deeply ingrained and embedded in behaviour and expectations, is …
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February 2022. The sizeable cross-sectional heterogeneity in inflation is well explained by the differential exposures to a set … indicators, and three countercyclical factors, i.e., the global unemployment rate, precious metals price, and world uncertainty … additional global factors, revealing that economies with procyclical inflation generally have higher inflation than economies …
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inflation of intensified competitive pressures on the supply side of the economy, stemming from globalization, new technologies …
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relationship between nominal interest rates and inflation rates taking into consideration the short run dynamics of interest rates … inflation for more than half of the countries under study …
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This paper investigates the impacts of inflation uncertainty on inflation and economic activities in three steps. We … first compile various inflation uncertainty measures and extract a common component for the group of advanced economies and … emerging market economies. Using the measure, we estimate a panel structural VAR model to examine the impact of inflation …
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