COMMODITY PRICE AND INFLATION DYNAMICS: EVIDENCE FROM BRIICS

In this study, we use a commodity augmented Phillips curve to investigate the impact of global commodity prices on domestic inflation in Brazil, Russia, India, Indonesia, China, and South Africa. Oil and energy prices cause inflationary pressures in all countries, except Russia, where they cause def...

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Bibliographic Details
Main Authors: Syed Aun R. Rizvi, Sahminan Sahminan
Format: Article
Language:Indonesian
Published: Bank Indonesia 2021-01-01
Series:Bulletin Ekonomi Moneter dan Perbankan
Subjects:
Online Access:https://www.bmeb-bi.org/index.php/BEMP/article/view/1418