IDEAS home Printed from https://ideas.repec.org/a/taf/macfem/v17y2024i3p402-421.html
   My bibliography  Save this article

Comparing the inflationary impacts of uncertainty between advanced and emerging economies

Author

Listed:
  • Carolina Pagliacci

Abstract

This paper quantifies the impact of uncertainty shocks on inflation by distinguishing their effect through aggregate supply and demand adjustments for 34 advanced and emerging economies. Methodologically, this quantification starts by identifying structural aggregate supply and demand shocks and evaluating their impacts on output growth and inflation. Results show that uncertainty shocks prompt responses on both sides of the market by shifting aggregate demand and supply curves leftward. The aggregate demand leftward shift causes similar deflationary pressures across all countries. However, the inflationary pressures from the aggregate supply contraction are significantly larger in emerging than in advanced economies.

Suggested Citation

  • Carolina Pagliacci, 2024. "Comparing the inflationary impacts of uncertainty between advanced and emerging economies," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 17(3), pages 402-421, September.
    • Handle: RePEc:taf:macfem:v:17:y:2024:i:3:p:402-421
    DOI: 10.1080/17520843.2023.2195738
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17520843.2023.2195738
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17520843.2023.2195738?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:macfem:v:17:y:2024:i:3:p:402-421. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.