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Global Inflation and Monetary Coordination
When inflation is driven by high commodity prices, or by the price of other globally traded inputs, there can be an expansionary bias in the uncoordinated monetary policy choices of individual central banks. The bias arises because central banks do not internalize the effect of global demand on commodity prices.
Date:
21 November 2024, 13:15
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room C
Speaker:
Guido Lorenzoni
Organising department:
Department of Economics
Part of:
Macroeconomics Seminar
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Edward Valenzano
