Inflation Co-Movement in Emerging and Developing Asia: The Monsoon Effect

Inflation Co-Movement in Emerging and Developing Asia: The Monsoon Effect
Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to be strongest for the food component, partly due to common rainfall shocks—a result which the paper terms the ‘monsoon effect.’ Economies with higher trade integration and co-movement in nominal effective exchange rates also... READ MORE...

Publication date: July 2019
ISBN 9781498321761
$18.00

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