shock explains about 30% of inflation dynamics. We also use regional data on supply chain pressure to isolate shocks …

shock explains about 30% of inflation dynamics. We also use regional data on supply chain pressure to isolate shocks …

about 30% of inflation dynamics. We also use regional data on supply chain pressure to isolate shocks originating in China …

shock explains about 30% of inflation dynamics. We also use regional data on supply chain pressure to isolate shocks …

structural BVAR with narrative restrictions. The impact of adverse supply chain disruption shocks on inflation expectations and …-2022 period. The dynamics of core prices and inflation expectations are instead mostly explained by supply chain disruption shocks …

inflation rates and a decline in economic activity. Against this economic backdrop, this paper aims to address the strained …

Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper …, is an important channel through which global economic slack influences domestic inflation. In particular, we document the … inflation rates, both across countries and over time. Accounting for the role of GVCs, we also find that the conventional trade …

inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange … across a range of econometric tests, input-output linkages account for half of the global component of PPI inflation. We … preserves fat-tailed idiosyncratic shocks and thus leads to a fat-tailed distribution of inflation rates, i.e., periods of …

networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …

networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …