Browsing Arbeidsnotater / Working Papers by Subject "global inflation"
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The Inflation Rate Disconnect Puzzle: On the International Component of Trend Inflation and the Flattening of the Phillips Curve
(Working paper;17/2021, Working paper, 2021)Since 2000 U.S. inflation has remained both below target and silent to domestic slack and monetary interventions. A trend-cycle BVAR decomposition explores the role of imported intermediate goods in explaining the puzzling ...