Showing 1 - 10 of 138,450
This paper studies the role of global factors in causing common movements in consumer price inflation, with particular … collected from national and international sources. Global factors explain a large share of the variance of national inflation …
Persistent link: https://www.econbiz.de/10011637390
This paper analyses the determinants of short-term inflation expectations based on surveys of professionals, using … dynamic cross-country panel estimation for a large number of 34 OECD economies. We find that food consumer price inflation and … depreciations of the domestic exchange rate have significant positive effects on professionals' survey-based inflation expectations …
Persistent link: https://www.econbiz.de/10012745238
costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher …
Persistent link: https://www.econbiz.de/10012157863
movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …
Persistent link: https://www.econbiz.de/10012206373
This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the … inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and … inflation and also significant for food CPI inflation. A 10% depreciation in the exchange rate leads to an increase in energy …
Persistent link: https://www.econbiz.de/10014264164
paper estimates the global commodity prices pass-through to consumer price inflation in Africa. Our sample includes monthly …
Persistent link: https://www.econbiz.de/10014342577
recent inflation dynamics. …
Persistent link: https://www.econbiz.de/10011350494
We examine exchange rate pass-through, or how domestic prices respond to exchange rate shocks, in the Czech Republic from 1998 to 2013 by employing vector autoregression models. Using the aggregate consumer price index and its sub-components, we find that the degree of passthrough is incomplete...
Persistent link: https://www.econbiz.de/10010529885
We empirically examine and compare the determinants of producer and consumer price inflation in 10 Asian economies … are more important in explaining producer price inflation than consumer price inflation in the 10 Asian economies. On the … other hand, for consumer prices, demand-pull factors still explain much of the inflation. Finally, we find that the …
Persistent link: https://www.econbiz.de/10011579513
This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …
Persistent link: https://www.econbiz.de/10011523924