Does the inflation pass-through of gasoline price shocks depend on the level of inflation?

被引：0

作者：

Gruendler, Daniel ^{[1
]}

机构：

[1] Univ Innsbruck, Dept Econ, Univ Str 15, A-6020 Innsbruck, Austria

来源：

ECONOMICS LETTERS | 2024年 / 243卷

关键词：

Gasoline price shock; Inflation; Expectations; TVAR; State dependency;

D O I：

10.1016/j.econlet.2024.111928

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

I show that the pass-through of gasoline price shocks to inflation expectations and to a lesser extent realized inflation is larger if inflation is high. Pronounced historical contributions to inflation expectations mainly occurred in highly inflationary periods.

引用

页数：5

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