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文章基本信息

  • 标题:Commentary: Inflation Pressures and Monetary Policy in a Global Economy
  • 本地全文:下载
  • 作者:Jordi GalíCREI ; Universitat Pompeu Fabra ; Barcelona GSE
  • 期刊名称:International Journal of Central Banking
  • 印刷版ISSN:1815-4654
  • 出版年度:2010
  • 卷号:2010
  • 期号:01
  • 出版社:IJCB Publications Fulfillment
  • 摘要:

    What can estimated reduced-form inflation equations teach us regarding the role of global factors as determinants of inflation? Very little, according to modern monetary theory. I illustrate this claim by exploring the channels through which global factors influence inflation in the small open economy of Galí and Monacelli (2005).

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