Inflation dynamics: Dead, dormant, or determined abroad?
Inflation dynamics have been difficult to explain over the last decade. This paper explores whether a more comprehensive treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core and wage inflation have become less synchronized....
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| Format: | Article |
| Language: | English |
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Brookings Institution Press
2019
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| Online Access: | View Fulltext in Publisher |