FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1996547540> ?p ?o ?g. }

• W1996547540 endingPage "633" @default.
• W1996547540 startingPage "600" @default.
• W1996547540 abstract "During the second half of the 2000s, the world experienced a rapid and substantial rise in commodity prices. This shock posed complex challenges for monetary policy, in particular because of the significant increase in food and energy prices, and the repercussions they had on aggregate inflation measures. This paper discusses the role of commodity price shocks (CPS) in monetary policy in the light of recent episodes of such shocks. It begins by discussing whether monetary policy should target core or headline inflation, and what should be the role of CPS in setting interest rates. It is argued that there are good reasons to focus on headline inflation, as most central banks actually do. Although core inflation provides a good indicator of underlying inflation pressures, the evolution of commodity prices should not be overlooked, because of pervasive second-round effects. This paper reviews the evidence on the rise of inflation across countries and reports that food inflation, more than energy inflation, has relevant propagation effects on core inflation. This finding is particularly important in emerging market economies, where the share of food in the consumer basket is significant. The evidence also shows that countries that had lower inflation during the run up of commodity prices before the global crisis had more inflation in the subsequent rise after the global crisis, suggesting that part of the precrisis inflationary success may have been because of repressed inflation. This paper also discusses other factors that may explain different inflationary performances across countries." @default.
• W1996547540 created "2016-06-24" @default.
• W1996547540 creator A5050893543 @default.
• W1996547540 date "2012-10-09" @default.
• W1996547540 modified "2023-10-13" @default.
• W1996547540 title "Commodity Prices, Monetary Policy, and Inflation" @default.
• W1996547540 cites W1489893998 @default.
• W1996547540 cites W1523916295 @default.
• W1996547540 cites W1991949535 @default.
• W1996547540 cites W2020751753 @default.
• W1996547540 cites W2057013615 @default.
• W1996547540 cites W2062768013 @default.
• W1996547540 cites W2078106675 @default.
• W1996547540 cites W2085086758 @default.
• W1996547540 cites W2104631853 @default.
• W1996547540 cites W2171440378 @default.
• W1996547540 cites W2247406611 @default.
• W1996547540 cites W2955145881 @default.
• W1996547540 cites W3121346496 @default.
• W1996547540 cites W3122131252 @default.
• W1996547540 cites W3122315136 @default.
• W1996547540 cites W3122574533 @default.
• W1996547540 cites W3123534311 @default.
• W1996547540 cites W3125215479 @default.
• W1996547540 doi "https://doi.org/10.1057/imfer.2012.15" @default.
• W1996547540 hasPublicationYear "2012" @default.
• W1996547540 type Work @default.
• W1996547540 sameAs 1996547540 @default.
• W1996547540 citedByCount "58" @default.
• W1996547540 countsByYear W19965475402012 @default.
• W1996547540 countsByYear W19965475402013 @default.
• W1996547540 countsByYear W19965475402014 @default.
• W1996547540 countsByYear W19965475402015 @default.
• W1996547540 countsByYear W19965475402016 @default.
• W1996547540 countsByYear W19965475402017 @default.
• W1996547540 countsByYear W19965475402018 @default.
• W1996547540 countsByYear W19965475402019 @default.
• W1996547540 countsByYear W19965475402020 @default.
• W1996547540 countsByYear W19965475402021 @default.
• W1996547540 countsByYear W19965475402022 @default.
• W1996547540 countsByYear W19965475402023 @default.
• W1996547540 crossrefType "journal-article" @default.
• W1996547540 hasAuthorship W1996547540A5050893543 @default.
• W1996547540 hasBestOaLocation W19965475402 @default.
• W1996547540 hasConcept C118518473 @default.
• W1996547540 hasConcept C121332964 @default.
• W1996547540 hasConcept C126285488 @default.
• W1996547540 hasConcept C126322002 @default.
• W1996547540 hasConcept C139719470 @default.
• W1996547540 hasConcept C154815372 @default.
• W1996547540 hasConcept C162324750 @default.
• W1996547540 hasConcept C165556158 @default.
• W1996547540 hasConcept C185824701 @default.
• W1996547540 hasConcept C18903297 @default.
• W1996547540 hasConcept C200941418 @default.
• W1996547540 hasConcept C2777763362 @default.
• W1996547540 hasConcept C2779439359 @default.
• W1996547540 hasConcept C2779957034 @default.
• W1996547540 hasConcept C2781300812 @default.
• W1996547540 hasConcept C33332235 @default.
• W1996547540 hasConcept C34447519 @default.
• W1996547540 hasConcept C549605437 @default.
• W1996547540 hasConcept C556758197 @default.
• W1996547540 hasConcept C71924100 @default.
• W1996547540 hasConcept C86803240 @default.
• W1996547540 hasConceptScore W1996547540C118518473 @default.
• W1996547540 hasConceptScore W1996547540C121332964 @default.
• W1996547540 hasConceptScore W1996547540C126285488 @default.
• W1996547540 hasConceptScore W1996547540C126322002 @default.
• W1996547540 hasConceptScore W1996547540C139719470 @default.
• W1996547540 hasConceptScore W1996547540C154815372 @default.
• W1996547540 hasConceptScore W1996547540C162324750 @default.
• W1996547540 hasConceptScore W1996547540C165556158 @default.
• W1996547540 hasConceptScore W1996547540C185824701 @default.
• W1996547540 hasConceptScore W1996547540C18903297 @default.
• W1996547540 hasConceptScore W1996547540C200941418 @default.
• W1996547540 hasConceptScore W1996547540C2777763362 @default.
• W1996547540 hasConceptScore W1996547540C2779439359 @default.
• W1996547540 hasConceptScore W1996547540C2779957034 @default.
• W1996547540 hasConceptScore W1996547540C2781300812 @default.
• W1996547540 hasConceptScore W1996547540C33332235 @default.
• W1996547540 hasConceptScore W1996547540C34447519 @default.
• W1996547540 hasConceptScore W1996547540C549605437 @default.
• W1996547540 hasConceptScore W1996547540C556758197 @default.
• W1996547540 hasConceptScore W1996547540C71924100 @default.
• W1996547540 hasConceptScore W1996547540C86803240 @default.
• W1996547540 hasIssue "4" @default.
• W1996547540 hasLocation W19965475401 @default.
• W1996547540 hasLocation W19965475402 @default.
• W1996547540 hasOpenAccess W1996547540 @default.
• W1996547540 hasPrimaryLocation W19965475401 @default.
• W1996547540 hasRelatedWork W1488638671 @default.
• W1996547540 hasRelatedWork W1542856926 @default.
• W1996547540 hasRelatedWork W1558486641 @default.
• W1996547540 hasRelatedWork W2278828098 @default.
• W1996547540 hasRelatedWork W2944769454 @default.
• W1996547540 hasRelatedWork W2958336665 @default.
• W1996547540 hasRelatedWork W3025512602 @default.

• next