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novel harmonized dataset of sectoral producer price inflation and input-output linkages for more than 1000 sectors in 53 … that pandemic lockdowns, and subsequent reopening policies, were the most dominant driver of global inflation in this …
Persistent link: https://www.econbiz.de/10015058569
We study how domestic and global output gaps affect CPI inflation. We use a New Keynesian Phillips curve framework …Q1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in … output gaps on inflation …
Persistent link: https://www.econbiz.de/10012910257
We study how domestic and global output gaps affect CPI inflation. We use a New-Keynesian Phillips curve framework …1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in … output gaps on inflation …
Persistent link: https://www.econbiz.de/10012892246
Persistent link: https://www.econbiz.de/10011723956
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There has been mounting evidence that the inflation process has been changing. Inflation is now much lower and much … more effective. There is no doubt in our mind that this explanation goes a long way towards explaining the better inflation …. We argue that prevailing models of inflation are too "country-centric", in the sense that they fail to take sufficient …
Persistent link: https://www.econbiz.de/10003512241
The debate over the Phillips Curve - as the relation between level of unemployment rate and inflation rate - in … unemployment and inflation data over countries from various regions are observed. The calculations brought us to conjecture that … there exists the general pattern that could lead from the relation between unemployment and inflation rate. However, the …
Persistent link: https://www.econbiz.de/10012722428