This paper introduces a global database that contains inflation series: (i) for wide range of measures (headline, food, energy, and core consumer price inflation; producer gross domestic product deflator changes); (ii) at multiple frequencies (monthly, quarterly annual) an extended time period (1970-2021); (iii) large number (up to 196) countries. As it doubles the observations over next-larges...

A major impact on both financial theory and the practice of financial decision making has been the economic instability, especially in prices, evidenced in the U.S. economy since the mid 1960’s. Inflation in the past few years has not been a major macro economic problem, but its spectere, as demonstrated by the Fed’s recent increases in interest rates, is never for the agendas of financial deci...

Price stability has been the foremost task of monetary policy. The information relating to the response of prices to monetary policy shocks is essential for conducting monetary policy in general and for inflation targeting of central banks in particular. Most of the published empirical studies analyze the response of an aggregate price index like CPI or a consumption deflator and their r...

a r t i c l e i n f o This paper constructs a quarterly series of GDP deflator inflation for China from 1979 to 2009 and tests for a structural break with an unknown change point in the dynamic inflation process. Empirical results suggest a significant structural change in inflation persistence. Employing a counterfactual simulation method, we show that the structural change is primarily attrib...

Abstract: The contribution of this paper is both methodological and empirical. It proposes a methodology for evaluating the distributional implications of price movement for inequality and poverty measurement. The methodology is based on a distinction between inequalities in nominal expenditures, where the expenditures are either measured in nominal terms or a common price deflator is applied f...

In the measurement of inequality, adjustments for differences across households in their demographic composition and in the price regimes they face are usually very simple. Often, nominal expenditure (or income) is adjusted with an expenditure-independent price deflator and a price-independent equivalence scale. I show that using more flexible expendituredependent price deflators and price-depe...

in literature about inflation targeting, main factor is interest rate. in new surveys, price of some assets as housing is important in inflation targeting. iran inflation targeting is based on money changes and is not based on interest rate and housing price. in this paper, we want to survey problems of wrong policy of iran policy makers. we reveal that, using rate of deposit profit and growth ...

in regard to both implementation of the second phase of targeted subsidises and the effect of inflation resulted from first phase of it on economic of country, inflation content estimation on economic of country especially agriculture sector is necessary. in this research effect of increasing price of energy carriers on inflation in various reproduction sectors such as agriculture was investiga...

differing consumption patterns among individuals along with relative commodity price changes has made inflation effects differ from one person to another. on the other hand, inflation continues to be a general phenomenon in iranian economy. the impacts of price changes on rural poverty have been hereby investigated. for this, market price fluctuations in rural areas of fars province during the ...

BEA study derives industry R&D productivity. The chal­ industry level. Not surprisingly, R&D price indexes lenge is to identify the growth the use of a common deflator for Research and development rate of this R&D productivity R&D investment implies more (R&D) and other intangibles are using data available on an ongo­ rapid R&D investment growth widely understood to make sig­ ing basis. for ind...