considerably stronger relative to the impact on GDP since the mid-1980s, while the effects on inflation have become weaker …

Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By ….g. food prices for low-wage workers). Based on the conflicting-claims inflation literature, we propose a new extension to this … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality …

This study examines whether central banks can combat inflation that is caused by rising energy prices. By using a high …

this policy strategy could have largely prevented the post-pandemic inflation episode. …