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Second-round effects and asymmetry in oil and food price shocks to inflation

Successive supply shocks led to above-target inflation for the Philippines from 2021 to 2023. As such, we estimate and examine the asymmetry of the direct and second-round effects of shocks to global oil, global food, and domestic rice prices on various measures of inflation as well as inflation exp...

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Principais autores: Joan Christine S. Allon-Pineda, Jan Christopher G. Ocampo, Eduard Renzo D. Santos
Format: Artigo
Jezik:Inglês
Izdano: Elsevier 2026-09-01
Serija:Latin American Journal of Central Banking
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Online dostop:http://www.sciencedirect.com/science/article/pii/S2666143825000183
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