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What is Inflation Determinants in Asian Economies about?
This document analyzes factors that influence inflation rates in eight Asian countries using a Phillips curve framework. It studies both backward-looking and forward-looking Phillips curves. Key factors examined include domestic demand, external demand, domestic supply shocks, external supply shocks, and expectations. The analysis finds the output gap is significant for most countries, and international competitiveness measures influence inflation across all countries. Supply shock impacts are more importan
- Author
- Shrimanta Satpati
- Language
- EN