Author: Jason K. WongPublisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 44
Book Description
A Disaggregated Model of the New Zealand Consumer Price Index
Author: Jason K. WongPublisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 44
Book Description
Bulletin
Author: The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R KpodarPublisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Reserve Bank Bulletin
Author: A Vector Error Correction Model of the Reserve Bank Price System
Author: Dean HyslopPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 52
Book Description
Measures of Underlying Inflation in New Zealand, 1981-95
Author: Scott RogerPublisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 104
Book Description
Contents of Recent Economics Journals
Author: FCC Record
Author: United States. Federal Communications CommissionPublisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 978
Book Description
International Financial Issues in the Pacific Rim
Author: Takatoshi ItoPublisher: University of Chicago Press
ISBN: 0226387089
Category : Business & Economics
Languages : en
Pages : 441
Book Description
The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance’s most perplexing mysteries. Although the United States continues to post a substantial trade deficit—and China reaps the benefits of a surplus—the dollar has yet to sink in the face of ever-increasing account disparities. International Financial Issues in the Pacific Rim explains why the United States enjoys a seemingly symbiotic relationship with its trading partners despite stark inequities in the trade balance, especially with Asia. This timely and well-informed study also debunks the assumed link between economic openness and low inflation in the region, identifies the serious gap between academic and private-sector researchers’ understanding of exchange rate volatility, and analyzes the liberalization of Asian capital accounts. International Financial Issues in the Pacific Rim will have broad implications for global trade and economic policy issues in Asia and beyond.
Designing Central Banks
Author: Heinz HerrmannPublisher: Routledge
ISBN: 1135214360
Category : Business & Economics
Languages : en
Pages : 263
Book Description
This book looks at independence, how central banks can actually influence their respective economies, goals responsibilities and governance with contributions from such scholars as Anne Sibert and Forrest Capie.