Series: IMF Working Papers
Author(s): Patrick Blagrave
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 11 July 2019
Keywords: Nominal effective exchange rate, Inflation targeting, Inflation rates, Inflation expectations, Monetary policy, Inflation, spillovers, co-movement, weather, core inflation
Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to be strongest for the food component, partly due to common rainfall shocks-a result which the pa...