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  • 1
    Online Resource
    Online Resource
    Washington, DC, USA : World Bank Group, Macroeconomics, Trade and Investment Global Practice
    UID:
    gbv_1675750149
    Format: 1 Online-Ressource (circa 42 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8934
    Content: This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between 1970 and 2016, by using a heterogeneous panel vector-autoregressive model. The methodology allows accounting for differences across groups of countries (advanced economies, emerging markets and developing economies, and low-income countries) and across groups with different country characteristics (such as foreign exchange and monetary policy regimes). The empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to global core price shocks, compared with one-eighth in advanced economies. Global food and energy price shocks account for another 13 percent of core inflation variation in low-income countries-half more than in advanced economies and one-fifth more than in emerging markets and developing economies. This points to challenges in anchoring domestic inflation expectations, which have been most evident among low-income countries with floating exchange rates, especially in cases where central bank independence has been weak
    Additional Edition: Erscheint auch als Druck-Ausgabe Ha, Jongrim Inflation in Low-Income Countries Washington, D.C : The World Bank, 2019
    Language: English
    Keywords: Graue Literatur
    URL: Volltext  (lizenzpflichtig)
    Author information: Montiel, Peter 1951-
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    UID:
    gbv_838091032
    Format: Online-Ressource (59 S.) , graph. Darst.
    ISBN: 9781513541969 , 151354196X
    Series Statement: IMF working paper 15/121
    Content: This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state level responses in GDP, FDI and international migration flows, and measures the transmission via the impulse response of homicide rates. The approach also allows the study of the pattern of economic responses among states. In particular, the percentage of GDP devoted to new construction and the perception of public security are characteristics that are shown to be associated with the sign and magnitude of the responses of economic variables to crime shocks
    Note: Systemvoraussetzungen: PDF Reader.
    Additional Edition: Erscheint auch als Druck-Ausgabe Verdugo Yepes, Concha Crime and the Economy in Mexican States: Heterogeneous Panel Estimates (1993-2012) Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513541969
    Language: English
    Keywords: Arbeitspapier ; Graue Literatur
    Author information: Verdugo Yepes, Concepcion
    Library Location Call Number Volume/Issue/Year Availability
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