Verfügbarkeit: Global Food Prices and Domestic Inflation

Global Food Prices and Domestic Inflation: Some Cross-Country Evidence

This paper provides a broad brush look at the impact of fluctuations in global food prices on domestic inflation in a large group of countries. For advanced economies, we find that these fluctuations have played a significant role over the period from 1960 to the present, but the impact has declined...

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1. Verfasser:	Furceri, Davide (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2015
Schriftenreihe:	IMF Working Papers: Working Paper No. 15 / 133
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper provides a broad brush look at the impact of fluctuations in global food prices on domestic inflation in a large group of countries. For advanced economies, we find that these fluctuations have played a significant role over the period from 1960 to the present, but the impact has declined over time and become less persistent. We also find that the more recent global food price shocks occurred in the 2000s had a much bigger impact on emerging than on advanced economies. This larger impact could reflect the larger share of food in the consumption baskets in emerging economies on average than in advanced economies, and less anchored inflation expectations in emerging economies than in advanced economies
Beschreibung:	1 Online-Ressource (34 p)
ISBN:	1513542974 9781513542973

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series2	IMF Working Papers: Working Paper No. 15 / 133
spelling	Furceri, Davide Verfasser aut Global Food Prices and Domestic Inflation Some Cross-Country Evidence Furceri, Davide Washington, D.C International Monetary Fund 2015 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers: Working Paper No. 15 / 133 This paper provides a broad brush look at the impact of fluctuations in global food prices on domestic inflation in a large group of countries. For advanced economies, we find that these fluctuations have played a significant role over the period from 1960 to the present, but the impact has declined over time and become less persistent. We also find that the more recent global food price shocks occurred in the 2000s had a much bigger impact on emerging than on advanced economies. This larger impact could reflect the larger share of food in the consumption baskets in emerging economies on average than in advanced economies, and less anchored inflation expectations in emerging economies than in advanced economies Online-Ausg Loungani, Prakash Sonstige oth Simon, John Sonstige oth Wachter, Susan Sonstige oth http://www.elibrary.imf.org/view/IMF001/22625-9781513542973/22625-9781513542973/22625-9781513542973.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Furceri, Davide Global Food Prices and Domestic Inflation Some Cross-Country Evidence
title	Global Food Prices and Domestic Inflation Some Cross-Country Evidence
title_auth	Global Food Prices and Domestic Inflation Some Cross-Country Evidence
title_exact_search	Global Food Prices and Domestic Inflation Some Cross-Country Evidence
title_exact_search_txtP	Global Food Prices and Domestic Inflation Some Cross-Country Evidence
title_full	Global Food Prices and Domestic Inflation Some Cross-Country Evidence Furceri, Davide
title_fullStr	Global Food Prices and Domestic Inflation Some Cross-Country Evidence Furceri, Davide
title_full_unstemmed	Global Food Prices and Domestic Inflation Some Cross-Country Evidence Furceri, Davide
title_short	Global Food Prices and Domestic Inflation
title_sort	global food prices and domestic inflation some cross country evidence
title_sub	Some Cross-Country Evidence
url	http://www.elibrary.imf.org/view/IMF001/22625-9781513542973/22625-9781513542973/22625-9781513542973.xml
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