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Inflation in Low-Income Countries (English)

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...
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Ha,Jongrim; Ivanova,Anna; Montiel,Peter J.; Pedroni,Peter Louis.

Inflation in Low-Income Countries (English). Policy Research working paper|no. WPS 8934 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/410071562700985189

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