This paper introduces a global database that contains inflation series:(i) for a wide range of
inflation measures (headline, food, energy, and core consumer price inflation; producer …

Global inflation has surged to 7.5 percent in August 2022, from an average of 2.1 percent in
the decade preceding the COVID-19 pandemic, threatening to become an entrenched …

In this paper we investigate dynamics of inflation and short-run inflation expectations. We
estimate a global vector autoregressive (GVAR) model using Bayesian techniques. We then …

A trend-cycle BVAR decomposition investigates the role of different slow-moving trends–ie,
globalization, expectations, automation, labor demand and supply–in shaping the slow …

This paper explores the international spillover effects of China's government spending onto
global inflation dynamics and the role of the oil price channel in the transmission process …

A vast literature exists on the determinants of inflation in developed countries whereas the
one in emerging markets and developing countries has gained attention at the beginning of …

How does emerging markets'(EMs) monetary policy respond to global financial risk (GFR)
shocks? Despite the broad literature focusing on EM monetary policy dynamics, the existing …

We examine for the existence of threshold relationships in the commodity price–charter rate
nexus. Using the first lag of the commodity price change as the threshold variable, we find …

A well-documented literature exists on the impact of global oil shocks on small open
economies (SOEs). However, it still disregards the international financial (uncertainty) …

We consider how to estimate the trend and cycle of a time series, such as real gross
domestic product, given a large information set. Our approach makes use of the Beveridge …