This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA … depreciations cause sizable increases in domestic inflation. The passthrough in SSA is higher than in other regions and its …-standing view that strengthening monetary policy frameworks and credibility helps mitigate the impact of depreciations on inflation …

Central banks in major industrialized economies were slow to react to the surge in inflation that began in early 2021 … war in Ukraine. We investigate the consequences of policy delay in responding to inflation shocks. First, using a simple … three-period model, we show how policy delay worsens inflation outcomes, but can mitigate or even reverse the output decline …

Using a large panel of firm-level data, this paper provides an analysis of how inflation shocks in the Baltics between … sectors. First, we find that inflation and inflation volatility had mixed effects on TFP growth, profitability and net fixed … find that inflation shocks had differential effects on large versus small firms. Third, we explore sectoral heterogeneity …

persistent or to more volatile inflation), systematically express higher concerns over rising prices. The link between past high … inflation exposure and expressed concerns over price stability is particularly strong when an individual's exposure occurs in … the latter part of her working-age (as in lifecycle theory). The impact of past exposure to high inflation on …

investigates how weather anomalies affect global supply chains and inflation dynamics. Using monthly data for six large and well … chain disruptions. The impact of weather shocks on supply chains and inflation dynamics is likely to become more pronounced …. Central bankers should consider the impact of weather anomalies on supply chains and inflation dynamics to prevent entrenching …

This paper investigates the drivers of headline inflation and the degree of exchange rate passthrough (ERPT) in The …, oil and fertilizer), the exchange rate, and the domestic output gap. The short-run dynamics of inflation points to the … the potential to tame inflation in the short run provided the monetary policy rate is adjusted rapidly and boldly. Lastly …

This paper studies how and why inflation expectations have changed since the emergence of Covid-19. Using micro …-year and five-ten year horizons has widened since the surge of inflation during 2021, along with the mean. Persistently high … adaptive learning is able to mimic the change in inflation expectations over time for different demographic groups. The …

This paper analyzes the distributional impacts of inflation in Thailand. For that aim, the paper uses rich micro …-survey data on 46,000 Thai households to study the effect of the recent elevated inflation on poverty, its distributional effects … multidimensional impact of inflation, the paper also studies how inflation differentially affects households through the consumption …

We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral … differences in the inflation response across sectors imply the relative price of goods has been pro-cyclical this time around … calibrated exercise shows that the resulting changes to the output-inflation relation are quantitatively important and improve …

economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …