U.K. inflation and relative prices over the last decade : how important was globalization? /
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Author / Creator: | Hunt, Ben, 1958- author. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, European Dept., ©2007. |
Description: | 1 online resource (28 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/07/208 IMF working paper ; WP/07/208. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497837 |
Summary: | In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the relative importance of a number of factors argued to explain the differences in the trends in core inflation and relative prices in the United Kingdom, the Euro Area and the United States. The simulation results indicate that while the direct effect of globalization has had a larger effect in the United Kingdom than in either the United States or the Euro Area, it explains only a portion of the developments and U.K. specific factors played an important role. |
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Physical Description: | 1 online resource (28 pages) : illustrations |
Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
Bibliography: | Includes bibliographical references (pages 27-28). |
ISBN: | 1282391860 9781282391864 1451912250 9781451912258 |
ISSN: | 2227-8885 ; |