Ciccarelli, Matteo (contributor); Mojon, Benoît (contributor) - 2005
inflation, a function of real developments at short horizons and monetary developments at longer horizons. Third, there is a …This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of (22 …) OECD countries have a common factor that alone account for nearly 70% of their variance. This large variance share that is …