) revisits the measurement of global house price inflation and the modeling of the determinants of house price inflation using …

for formulating and assessing monetary policy. Food prices are found to be a key driver of inflation, and, not surprising …Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical … underlying inflation by 1 percentage point. So, while inflation will remain volatile due to agricultural shocks, there is space …

of the two samples: initial income, terms of trade, exchange rate undervaluation and inflation, influence spells only in …

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for …-relevant exercises. First, we filter international and Kenyan data (on output, inflation and its components, exchange rates and interest … last few years, with a special emphasis on the various factors (international food prices, monetary policy) driving …

This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve … based on the assumptions that inflation expectations are fully anchored at the Federal Reserve’s target, and that labor …-market slack is captured by the level of shortterm unemployment. This equation explains inflation behavior since 2000, including …