BIS papers weigh up ongoing risks to global stability
Papers from 2018 AGM include contributions from Forbes, Tucker, Gourinchas and Rey
The Bank for International Settlements (BIS) has published several papers from its 2018 annual conference, spanning a range of topics relating to global stability.
Massachusetts Institute of Technology professor Kristin Forbes asks in her paper whether globalisation has affected inflation dynamics. She finds factors including exchange rates, commodity prices, slack in major economies and international pricing competition are all relevant for inflation, although the effects differ among
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