This paper estimates and analyzes the dynamics of trend inflation, as well as the persistence and volatility of the inflation gap in the Pacific Alliance countries (Chile, Colombia, Mexico, and Peru). For this purpose, the econometric approach is based on methodologies proposed by Stock and...

This study investigates how global geopolitical uncertainty influences inflationary dynamics in emerging economies of Sub-Saharan Africa (SSA), offering insights into the region's integration and vulnerability within the global economic system. We ask: To what extent does global geopolitical...

Many central banks worldwide announce numerical inflation targets, typically ranging from zero to two percent in advanced economies and higher in developing countries. Historically, a significant gap existed between the inflation targets pursued by central banks and those recommended by academic...