I investigate the causes of the high inflation Argentina experienced from 2007 to 2015. To do so, I estimate the … I obtained for other economies in the region were inflation was kept under control. I find that there are some country … specific patterns in Argentina that can explain the high inflation observed during the analyzed years. First of all …

There is no consensus over the importance of "global forces" on inflation. This study explores the role of structural … breaks in the inflation process, and their timing, whether it is common across countries, and the extent to which "global … forces" are relevant. Three conclusions stand out. Global inflation impacts inflation in both AE and EME, but the impact is …

This paper documents, for the first time in a systematic manner, the link between labor cost and price inflation in the … and price inflation in the four major economies of the euro area and across the three main sectors. The dynamic …. Our results show that it is more likely that labor costs are passed on to price inflation with demand shocks than with …

effects of uncertainty shocks on inflation. We find the response of inflation to be statistically insignificant until mid …

This paper measures the pass-through of exchange rate changes into domestic inflation within a cointegrated VAR (CVAR … inflation levels. Using quarterly data for 12 EA covering 1980:1 to 2010:4, we report a large degree of heterogeneity in the …

This paper builds a short-term inflation projections (STIP) model for Latvia. The model is designed to forecast highly … Modelling Approach to Cointegration Analysis. Econometric Society Monographs, 31, 371-413.]. We assess the forecast accuracy of …) benchmarks. Across inflation components, the forecast accuracy gains are 20-30% forecasting 3 months ahead and 15-55% forecasting …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this … drivers of the current financial crisis, if not possibly more. -- Commodity prices ; cointegration ; CVAR analysis ; global … liquidity ; inflation ; international spillovers …