wealth. Domestic price inflation is affected by imported inflation including currency depreciation (a pass through effect …

This paper uses disaggregated CPI time series to show that a break in the mean of French inflation occurred in the mid … mean break, both aggregate and sectoral inflation persistence are stable and low, with the unit root lying far in the tail … price changes (at the firm level) appears positively related with inflation persistence (at the aggregate level) …

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 …

In this paper, we examine the stochastic structure of a consumer price index and its inflation that ultimately provides … frequency, using instrumental variables, we find that inflation dispersion is strictly increasing and strictly convex on average … inflation. We propose one index filtering procedure and show that each aggregate variable has a positive high frequency effect …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …-through ; inflation ; smooth transition regression models ; euro area …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 … changes than for small ones in 9 out of 12 EA countries. -- exchange rate pass-through ; inflation ; smooth transition …

Short-term inflation forecasting is an essential component of the monetary policy projections at the Central Bank of … Nigeria. This paper proposes four short-term headline inflation forecasting models using the SARIMA and SARIMAX processes and … SARIMAX model. This model is, therefore, recommended for use in short-term forecasting of headline inflation in Nigeria. The …

This paper investigates whether the exchange rate pass-through (ERPT) to CPI inflation is a nonlinear phenomenon for … confidence during the recent sovereign debt crisis has entailed a higher sensibility of CPI inflation to exchange rate movements. …

We apply classical econometric method to characterize the dynamic behavior of the quarter-on-quarter inflation over the … inflation series and as well as for the consumer price inflation at representative product groups level, taking into account the … influence of structural breaks in the mean of inflation on the level of persistence. We find strong evidence for a break in the …

We estimate an empirical model of inflation that exploits a Phillips curve relationship between a measure of … unemployment and a subaggregate measure of inflation (services). We generate an aggregate inflation forecast from forecasts of the … statistics for models that exploit relationships between services inflation and the unemployment rate. In addition, models of …