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Inflation dynamics in Asia and the Pacific

Author

Listed:
  • Carlos Cantú
  • Barbara Ulloa

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.

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Suggested Citation

  • Carlos Cantú & Barbara Ulloa, 2020. "Inflation dynamics in Asia and the Pacific," BIS Papers, Bank for International Settlements, number 111.
    • Handle: RePEc:bis:bisbps:111
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    References listed on IDEAS

    as
    1. Laurence Ball & N. Gregory Mankiw, 1995. "Relative-Price Changes as Aggregate Supply Shocks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(1), pages 161-193.
    2. Fry, Renée & Martin, Vance L. & Tang, Chrismin, 2010. "A New Class of Tests of Contagion With Applications," Journal of Business & Economic Statistics, American Statistical Association, vol. 28(3), pages 423-437.
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    Cited by:

    1. Fujiwara, Ippei & Kimoto, Ryo & Shiratsuka, Shigenori & Shirota, Toyoichiro, 2021. "Measuring Robot Quality: Has Quality Improvement Slowed Down?," CEPR Discussion Papers 16556, C.E.P.R. Discussion Papers.
    2. ARAI Kosuke & FUJIWARA Ippei & SHIROTA Toyoichiro, 2021. "Robot Penetration and Task Changes," Discussion papers 21093, Research Institute of Economy, Trade and Industry (RIETI).

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