Inflation Responses to Commodity Price Shocks : How and Why Do Countries Differ?

How and Why Do Countries Differ?

Inflation Responses to Commodity Price Shocks : How and Why Do Countries Differ?
This paper relates the inflationary impact of commodity price shocks across countries to a broad range of structural characteristics and policy frameworks over the period 2001-2010, using several approaches. The analysis suggests that economies with higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more... READ MORE...

Publication date: September 2012
ISBN 9781475510249
$18.00

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