1.

Record Nr.

UNIBAS000020614

Autore

Biblioteca apostolica Vaticana

Titolo

Codices 2060-2117 / recensuit Claudius Leonardi ; operam dante Maria Magdalena Lebreton ; indicibus instruxerunt Ambrosius M. Piazzoni et Paulus Vian

Pubbl/distr/stampa

[Città del Vaticano] : In Bibliotheca Vaticana, 1987

ISBN

88-210-0544-5

Descrizione fisica

VIII, 328 p. ; 30 cm

Collana

Bibliothecae Apostolicae Vaticanae codices manu scripti recensiti

Disciplina

018.131

Soggetti

Manoscritti latini - Cataloghi

Roma Biblioteca apostolica Vaticana Cataloghi

Lingua di pubblicazione

Latino

Formato

Materiale a stampa

Livello bibliografico

Monografia



2.

Record Nr.

UNINA9910786482203321

Autore

Gelos Gaston

Titolo

Inflation Responses to Commodity Price Shocks : : How and Why Do Countries Differ? / / Gaston Gelos, Yulia Ustyugova

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-2354-8

1-4755-5175-4

Descrizione fisica

1 online resource (33 p.)

Collana

IMF Working Papers

Altri autori (Persone)

UstyugovaYulia

Soggetti

Commodity control

Inflation (Finance)

Inflation

Macroeconomics

Money and Monetary Policy

Production and Operations Management

Price Level

Deflation

Open Economy Macroeconomics

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Monetary Policy

Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Commodity Markets

Macroeconomics: Production

Monetary economics

Commodity price shocks

Commodity prices

Inflation targeting

Output gap

Prices

Monetary policy

Production

Economic theory

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa



Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction and Summary; II. Literature Review; III. Data; Structural characteristics; Monetary and exchange-rate regimes; Possible presence of fiscal dominance; Governance; Business cycle factors; Policy reactions; IV. Does Inflation Revert to Core Inflation or Vice Versa?; V. Phillips-Curve Estimations; Panel estimations; Tables; 1. Phillips Curves-Panel Estimations; VI. The 2008 Commodity-Price Shock; Changes in headline inflation; Changes in core inflation; 2. Change in Headline Inflation around 2008 Shock; 3. Change in Core Inflation around 2008 Shock

VII. ConclusionsReferences; Appendices; I. List of Countries Included; II. Data Sources

Sommario/riassunto

This paper relates the inflationary impact of commodity price shocks across countries to a broad range of structural characteristics and policy frameworks over the period 2001-2010, using several approaches. The analysis suggests that economies with higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience sustained inflationary effects from commodity price shocks. Countries with more independent central banks and higher governance scores seem to have contained the impact of these shocks better. The effect of the presence of inflation targeting regimes, however, appears very modest and not evident during the 2008 food price shock.The evidence suggests that trade openness, financial development, dollarization, and labor market flexibility do not significantly influence the way in which domestic inflation responds to international commodity price shocks.