The People's Bank of China and the Bank for International Settlements co-hosted a research conference on "Globalisation and Inflation Dynamics in Asia and the Pacific" on 23-24 September 2013 in Beijing. This was the wrap-up conference for the BIS Asian Office's two-year research programme on...

Using simple statistical methods, this note examines the relationship between expected and actual inflation and the importance of inflation expectations in driving actual inflation in Asia. We find that, in Asia, short-term inflation expectations tend to co-move among economies while...

Resource utilisation, or “slack”, is widely held to be an important determinant of inflation dynamics. As the world has become more globalised in recent decades, some have argued that the relevant concept of slack should be global rather than domestic (the “global slack hypothesis”)....

Bangko Sentral ng Pilipinas and the Bank for International Settlements (BIS) co-hosted a conference on "Inflation dynamics in Asia and the Pacific" on 19-20 August 2019 in Manila, the Philippines. The conference marked the completion of the BIS Asian Office's two-year research programme on...

The papers on the following pages were presented and discussed at a workshop on quot;Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countriesquot;, held at the BIS on 15-16 January 2001. It was the first time that the BIS had arranged a...