Showing 1 - 10 of 204,563
In the first-half of the global financial turmoil, rising inflation was a major concern for emerging East Asian central … addressing higher inflation or supporting moderate growth. Higher food and fuel prices were the major drivers of headline … inflation. Their causes, however, were a confluence of factors--whether cyclical or structural, domestic or global, supply or …
Persistent link: https://www.econbiz.de/10005029775
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …
Persistent link: https://www.econbiz.de/10010208787
Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …
Persistent link: https://www.econbiz.de/10013174851
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early … 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a … checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a …
Persistent link: https://www.econbiz.de/10011980872
consistent with the official monetary policy. Second, we seek to shed light on the inflation process of these countries. To this … end, we carry out an estimation of an open economy Philips curve (PC). Our main finding is that inflation rates were not … monetary arrangements for price stability. The analysis of the conditional inflation variance obtained from GARCH estimation of …
Persistent link: https://www.econbiz.de/10014202611
Inflation dynamics have been difficult to explain over the last decade. This paper explores if a more comprehensive … treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates …
Persistent link: https://www.econbiz.de/10012225141
This paper investigates a perception in the political debates as to what extent poor countries are affected by price movements in the global commodity markets. To test this perception, we use the case of India to establish in a standard SVAR model that global food prices influence aggregate...
Persistent link: https://www.econbiz.de/10011336943
prices. Given such misdiagnosis risk, the results in this paper strengthen the case for targeting headline inflation as part …://ssrn.com/abstract=2420025" Globalisation, Inflation and Monetary Policy in Asia and the Pacific …
Persistent link: https://www.econbiz.de/10013049950
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this … liquidity ; inflation ; international spillovers …
Persistent link: https://www.econbiz.de/10003931399
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this … liquidity ; inflation ; international spillovers …
Persistent link: https://www.econbiz.de/10003934679