Ha, Jongrim; Ivanova, Anna; Montiel, Peter; Pedroni, … - 2019
This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …