U.K. Inflation and Relative Prices over the Last Decade : How Important was Globalization? /

In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the relative importance of a number of factors argued to explain the differences in the trends in core inflation and relative prices in the United Kingdom, the Euro Area and the United States. The simulation results ind...

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Bibliographic Details
Main Author: Hunt, Benjamin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/208
Online Access:Full text available on IMF