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140208s2009 dcu o 000 0 eng d |
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|a 9781451916249
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|a 1451916248
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|a HB221 .Z384 2009
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|a 338.278
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|a UAMI
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|a Zoli, Edda.
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|a Commodity Price Volatility, Cyclical Fluctuations, and Convergence.
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|a Washington :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (21 pages)
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|a text
|b txt
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|a IMF Working Papers
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|a Print version record.
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|a I. Introduction; Figures; 1. Headline Inflation; II. VAR analysis; 2. Variance Decomposition of Headline Inflation; Tables; 1: Response of Domestic Energy Inflation to International Oil Price Inflation Shocks; 2. Response of Domestic Food Inflation to International Food Price Inflation Shocks; III. Panel Estimation; 3. Response of Core Inflation to Shocks to Domestic Food and Energy Price Inflation; 4. Panel Regression Results; IV. Conclusion: What is Ahead for Inflation in Emerging Europe?; Appendixes; 1. Variable Definition and Data Sources; 2. Other Panel Results; References.
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|a This paper assesses the role of international commodity prices, cyclical fluctuations, and convergence in driving inflation in 18 European emerging economies. Country specific VARs and panel estimates indicate that international commodity price shocks have a significant impact on domestic inflation, but the inflation response is asymmetric for positive and negative shocks. Cyclical fluctuations explain a relative small share of inflation variability, and the inflation response is asymmetric during upturns and downturns. Price convergence is estimated to add nearly 3 percentage points to headli.
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590 |
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|a ProQuest Ebook Central
|b Ebook Central Academic Complete
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650 |
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|a Primary commodities
|x Prices
|z Europe.
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650 |
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|a Inflation (Finance)
|z Europe.
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|a Produits de base
|x Prix
|z Europe.
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|a Inflation
|z Europe.
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650 |
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|a Inflation (Finance)
|2 fast
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650 |
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|a Primary commodities
|x Prices
|2 fast
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|a Europe
|2 fast
|1 https://id.oclc.org/worldcat/entity/E39PBJxCxPbbk4CPJDQJb4r6rq
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|i has work:
|a Commodity price volatility, cyclical fluctuations, and convergence (Text)
|1 https://id.oclc.org/worldcat/entity/E39PCGcq66yDJvX4Ggpt8VpGxP
|4 https://id.oclc.org/worldcat/ontology/hasWork
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776 |
0 |
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|i Print version:
|a Zoli, Edda.
|t Commodity Price Volatility, Cyclical Fluctuations, and Convergence: What is Ahead for Inflation in Emerging Europe?
|d Washington : International Monetary Fund, ©2009
|z 9781451871890
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830 |
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|a IMF Working Papers.
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856 |
4 |
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|u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608202
|z Texto completo
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938 |
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