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
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
收藏
页数:5
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