to a product's tradability. For individual products, LOP deviations are affected by their own inflation rates and, to a … deviation series are found to display considerable persistence and there is limited evidence that tradability enhances price … lesser extent, by aggregate inflation, output variations, and monetary variability. Interestingly, the trend behavior remains …

The pass-through from exchange rate changes to inflation differs depending on the underlying shock. This paper …

economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock …