and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates …, and global value chains) are significant drivers of CPI inflation in a cross-section of countries, and their role has … improve our understanding of core and wage inflation. Key results are robust to using a less-structured trend …

investigates commodity price pass-through into inflation in the low and high inflation regimes in Japan. By estimating the … threshold autoregressive model that considers past inflation rates, I find a nonlinear relationship between the pass-through and … the state of inflation. First, the estimation shows that the short- and long-run pass-throughs are higher, and the price …

show high persistence, and one certainly does not want to disregard persistent price changes. The non-equivalence between … volatility and persistence. The evidence shows that such measures far outperform those based on either volatility or persistence … typically achieved by either excluding or downplaying the importance of the most volatile items. However, some of those items …

show high persistence, and one certainly does not want to disregard persistent price changes. The non-equivalence between … volatility and persistence. The evidence shows that such measures far outperform those based on either volatility or persistence … typically achieved by either excluding or downplaying the importance of the most volatile items. However, some of those items …

major developed and developing countries. These factor-augmented models use either standard principal components or partial … statistical benchmarks, and revisit the forecasting performance of changes in commodity currencies as efficient predictors of … models that use information from a large data set containing a variety of indicators of supply and demand conditions across …

major developed and developing countries. These factor-augmented models use either standard principal components or partial … statistical benchmarks, and revisit the forecasting performance of changes in commodity currencies as efficient predictors of …-augmented models that use information from a large data set containing a variety of indicators of supply and demand conditions across …

indicate future CPI inflation and if they can be used as indicator variables for central banks or not. We apply various …The past years were characterized by unprecedented rises in prices of commodities such as oil or wheat and inflation … econometric methods like Granger causality tests and SVAR models to US data. The results corroborate the notion that there was a …

major developed and developing countries. These factor-augmented models use either standard principal components or partial … statistical benchmarks, and revisit the forecasting performance of changes in commodity currencies as efficient predictors of …-augmented models that use information from a large data set containing a variety of indicators of supply and demand conditions across …

developed and developing countries. These factor-augmented models use either standard principal components or the more novel … use information from a large data set containing a variety of indicators of supply and demand conditions across major … alternative indices and sub-indices of spot prices for three different commodity classes across different periods. We find that …

developed and developing countries. These factor-augmented models use either standard principal components or the more novel … use information from a large data set containing a variety of indicators of supply and demand conditions across major … alternative indices and sub-indices of spot prices for three different commodity classes across different periods. We find that …