Inflation Dynamics in Asia and the Pacific

132 Pages Posted: 17 Apr 2020

Date Written: March 25, 2020

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.

Contributed Papers:
What Drives Inflation in Advanced and Emerging Market Economies?
Comments on “What Drives Inflation in Advanced and Emerging Market Economies?”
Robots and Labour: Implications for Inflation Dynamics
Comments on “Robots and Labour: Implications for Inflation Dynamics”
The Pass-Through from Short-Horizon to Longhorizon Inflation Expectations
Comments on “The Pass-Through from Shorthorizon to Long-Horizon Inflation Expectations”
Can an Ageing Workforce Explain Low Inflation?
Comments on “Can an Ageing Workforce Explain Low Inflation?”
Strategic Complementarity and Asymmetric Price Setting Among Firms
Comments on “Strategic Complementarity and Asymmetric Price Setting Among Firms”
Impact of Relative Price Changes and Asymmetric Adjustments on Aggregate Inflation: Evidence from the Philippines
Comments on “Impact of Relative Price Changes and Asymmetric Adjustments on Aggregate Inflation: Evidence from the Philippines”

Suggested Citation

Settlements, Bank for International, Inflation Dynamics in Asia and the Pacific (March 25, 2020). BIS Paper No. 111, Available at SSRN: https://ssrn.com/abstract=3575884

Bank for International Settlements (Contact Author)

Bank for International Settlements (BIS) ( email )

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Basel, Basel-Stadt 4051
Switzerland

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