How Large and Persistent is the Response of Inflation to Changes in Retail Energy Prices? /

We estimate the dynamic effects of changes in retail energy prices on inflation using a novel monthly database, covering 110 countries over 2000:M1 to 2016:M6. We find that (i) inflation responds positively to retail energy price shocks, with effects being, on average, modest and transitory. However...

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Bibliografiske detaljer
Hovedforfatter: Abdallah, Chadi
Andre forfattere: Kpodar, Kangni
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2020.
Serier:IMF Working Papers; Working Paper ; No. 2020/093
Online adgang:Full text available on IMF