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United Kingdom Selected Issues

This Selected Issues paper analyzes the impact of globalization on United Kingdom’s inflation and relative prices over the last decade. The IMF’s Global Economy Model (GEM) is used to estimate the relative importance of the various factors argued to have influenced the evolution of inflation and rel...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Staff Country Reports
Subjects:
Banks And Banking, Foreign
Migration
Comparative Or Joint Analysis Of Fiscal And Monetary Policy
Banks
Stabilization
International Migration
Banks And Banking
Deflation
Production
Mortgages
Labor
Population And Demographics
Macroeconomics: Production
Macroeconomics
Banking
Economic Theory
Income Economics
Depository Institutions
Inflation
Treasury Policy
Commercial Banks
Labour
Output Gap
Monetary Economics
Financial Institutions
Migration, Immigration & Emigration
Micro Finance Institutions
Emigration And Immigration
Fiscal Policy
Price Level
Prices
Wages
Foreign Banks
Production And Operations Management
United Kingdom
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper analyzes the impact of globalization on United Kingdom’s inflation and relative prices over the last decade. The IMF’s Global Economy Model (GEM) is used to estimate the relative importance of the various factors argued to have influenced the evolution of inflation and relative prices over this period. The key result is the significantly different impact of the shock on relative prices in the United Kingdom compared with the United States and the Euro area
Physical Description:35 pages
ISBN:9781451978438

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