The international dimension of trend inflation

The international dimension of trend inflation - ScienceDirect.com

The main finding is that global factors – more specifically, commodity and oil prices, exchange rate, world slack, and GVCs – are important in explaining the ...

The international dimension of trend inflation - IDEAS/RePEc

Abstract. A trend-cycle BVAR decomposition investigates the role of different slow-moving trends – i.e., globalization, expectations, automation, labor demand ...

Luca Fosso on LinkedIn: The international dimension of trend inflation

Excited to see my paper with Guido Ascari titled “The International dimension of trend inflation” out in the Journal of International…

The international dimension of trend inflation | Request PDF

Request PDF | On Feb 1, 2024, Guido Ascari and others published The international dimension of trend inflation | Find, read and cite all the research you ...

Journal of International Economics on ... - X.com

New: "The international dimension of trend inflation" by Guido Ascari (@DNB_NL) and Luca Fosso (@FossoLuca). https://t.co/nrhU7uvIks 1/2.

The global dimension of inflation - evidence from factor-augmented ...

understand the global dimension of inflation ... When we replace our output gap measure with deviations of GDP from the quadratic trend, the size of the ...

Research - Luca Fosso

"The International Dimension of Trend Inflation", with G. Ascari, Journal of International Economics, Vol. 148, March 2024. Previous version titled: "The ...

On the International Component of Trend Inflation and the Flattening ...

We contribute to the literature on inflation dynamics in two dimensions. First, we inves- tigate the role of an international supply component ...

What Explains Global Inflation - World Bank

This paper examines the drivers of fluctuations in global inflation, defined as a common factor across monthly headline consumer price index (CPI) inflation ...

International Inflation Trends | St. Louis Fed - Economic Research

Yet international inflation rates clearly move together. Figure 1 shows that the inflation rates of several leading economies have moved ...

Global factors and trend inflation - ScienceDirect.com

We develop an empirical model to study the influence of global factors in driving trend inflation and the inflation gap.

A New Model of Inflation, Trend Inflation, and Long-Run Inflation ...

Accordingly, our model captures three dimensions along with the survey expectation can provide what we call a. “biased” — a deliberate ...

On the International Component of Trend Inflation and the Flattening ...

We contribute to the literature on inflation dynamics in two dimensions. First, we inves- tigate the role of an international supply component of the dynamics ...

Working Papers - Guido Ascari - Google Sites

Trend Inflation, Wage Indexation, and Determinacy in the U.S., with N. Branzoli and E. Castelnuovo, October 2011, Quaderni di Dipartimento #276 (10-11) ...

Global Inflation - IDEAS/RePEc

This large variance share that is associated to Global Inflation is not only due to the trend components of inflation (up from 1960 to 1980 and down thereafter) ...

The Macroeconomics of Trend Inflation

Second, even if a higher inflation target can in principle mitigate the zero bound constraint, are there alternative monetary policy strategies that can help ...

Trend Inflation in Advanced Economies

We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estimated ...

Sixty Years of Global Inflation: A Post-GFC Update

Mary Amiti , Sebastian Heise , Fatih Karahan , Ayşegül S ¸ahin ; Guido Ascari , Luca Fosso. The international dimension of trend inflation.

Core Inflation and Trend Inflation - American Economic Association

is the sample size. Estimation of the posterior proceeds using Markov Chain Monte Carlo (MCMC) methods. The stochastic volatility is handled following Kim, ...

A Fiscal Theory of Trend Inflation

In response to business cycle shocks, the monetary authority controls inflation, and the fiscal authority stabilizes debt. However, the central bank.