文章基本信息

标题：Import Prices and Inflation
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作者：James D. Hamilton
期刊名称：International Journal of Central Banking
印刷版ISSN：1815-4654
出版年度：2012
卷号：2012
期号：02
出版社：IJCB Publications Fulfillment
摘要：Understanding the consequences of international developments for domestic inflation is an extremely important question for central banks. But before we claim to have measured the extent of import price pass-through, it is necessary to be clear on exactly what such a number is intended to mean. One can attempt to come up with an answer on the basis of either economic theory or empirical evidence. There are important pitfalls associated with either approach and significant benefits from combining the two.