value seen in January 2015. As a result, inflation increased to 16.7% year-over-year in February 2015. The CPI reached 0 …

recorded in January 2014. As a result, inflation stood at 6.2% at the end of a 12-month period. The consumer price index … interest rate from 5.5% to 7% p.a. with a view to preventing the threat of financial instability and inflation growth …

share of inflation variation due to a global factor has become larger since 1985. Third, over most of the post-WWII period …, international comovements within regions have accounted for the bulk of fluctuations in business cycle and inflation. Fourth, prices …

1850-1913. We find that consumer price inflation in all 15 countries co-moves with a broad measure of changes in commodity … which international business cycle movements affect inflation. …

We study co-movements of inflation in a group of 15 countries before and during the classical Gold Standard by fitting … inflation functions as an "attractor" for domestic inflation rates. The cross-sectional dispersion of inflation declined … six of reduced-form inflation equations. However, sub-sample estimates indicate that the overall finding that …

little persistence of inflation during the 19th century. Using a statistical technique that accounts for these errors, we … estimate the persistence of (a) US inflation and (b) inflation in 14 other economies over the period 1842-1913. Our results …