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Inflation dynamics in Asia and the Pacific

Carlos Cantú and Barbara Ulloa

No 111 in BIS Papers from Bank for International Settlements

Abstract: Bangko Sentral ng Pilipinas and the Bank for International Settlements (BIS) co-hosted a conference on "Inflation dynamics in Asia and the Pacific" on 19-20 August 2019 in Manila, the Philippines. The conference marked the completion of the BIS Asian Office's two-year research programme on "Central bank policy under changing inflation dynamics: challenges for Asia-Pacific" that had been endorsed by the Asian Consultative Council central bank Governors in November 2017. The conference brought together senior officials and researchers from central banks and academics. This volume is a collection of the speeches, papers and prepared discussant remarks from the conference. Papers presented at the conference covered the drivers of inflation in advanced and emerging market economies; the implications of robots for labour and inflation; the pass-through from short-horizon to long-horizon inflation expectations; an ageing workforce and inflation; strategic complementarity and asymmetric price setting among firms; and the impact of relative price changes and asymmetric adjustments on aggregate inflation.

Date: 2020 Written 2020-03
ISBN: 978-92-9259-342-1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.bis.org/publ/bppdf/bispap111.pdf Full PDF document (application/pdf)
http://www.bis.org/publ/bppdf/bispap111.htm (text/html)

Chapters in this book:

Keynote speech - The anchoring of long-run inflation expectations today , pp 11-20 Downloads
Ricardo Reis
What drives inflation in advanced and emerging market economies? , pp 21-36 Downloads
Gunes Kamber, Madhusudan Mohanty and James Morley
Comments on "What drives inflation in advanced and emerging market economies?" , pp 37-39 Downloads
Hans Genberg
Robots and labour: implications for inflation dynamics , pp 41-49 Downloads
Ippei Fujiwara and Feng Zhu
Comments on "Robots and labour: implications for inflation dynamics" , pp 51-53 Downloads
Yong Sung Chang
Comments on "The pass-through from short-horizon to long-horizon inflation expectations" , pp 67-72 Downloads
Masazumi Hattori
Can an ageing workforce explain low inflation? , pp 73-79 Downloads
Benoit Mojon and Xavier Ragot
Comments on "Can an ageing workforce explain low inflation?" , pp 81-84 Downloads
Kenichi Sakura
Strategic complementarity and asymmetric price setting among firms , pp 85-97 Downloads
Maiko Koga, Koichi Yoshino and Tomoya Sakata
Comments on "Strategic complementarity and asymmetric price setting among firms" , pp 99-102 Downloads
Martin Berka
Impact of relative price changes and asymmetric adjustments on aggregate inflation: evidence from the Philippines , pp 103-122 Downloads
Joselito R. Basilio and Faith Christian Cacnio
Comments on "Impact of relative price changes and asymmetric adjustments on aggregate inflation: evidence from the Philippines" , pp 123-127 Downloads
Renee Fry-McKibbin

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