The Impact of the Internet on UK Inflation

15 Pages Posted: 2 Aug 2005

See all articles by Sushil Wadhwani

Sushil Wadhwani

Bank of England - Monetary Policy Committee

Abstract

In this speech, Sushil B. Wadhwani, member of the Bank's Monetary Policy Committee, argues that the Internet is likely to have a highly significant impact on productivity, margins, the NAIRU and inflation over the next few years. He conjectures that there may be a case, therefore, for revisiting the MPC's assumptions on productivity growth, although he concedes that the Internet is only one of many factors that will influence the outlook for inflation.

Suggested Citation

Wadhwani, Sushil, The Impact of the Internet on UK Inflation. Bank of England Quarterly Bulletin, May 2000. Available at SSRN: https://ssrn.com/abstract=764267

Sushil Wadhwani (Contact Author)

Bank of England - Monetary Policy Committee ( email )

Threadneedle Street
London EC2R 8AH
United Kingdom
+44 20 7601 3235 (Phone)

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