International Inflation Spillovers Through Input Linkages
NBER Working Paper No. 23246
---- Acknowledgments ----
We are grateful to João Amador, Ariel Burstein, Stefan Gerlach, Sophie Guilloux-Nefussi, Federico Mandelman, Paolo Surico, Ben Tomlin, and workshop participants at Bank for International Settlements, De Nederlandsche Bank, European Central Bank, Swiss National Bank, the SNB-IMF-IMF Economic Review conference on External Adjustment, the 2015 CEPR ESSIM, the 2016 Joint Central Bank Conference, and the Bank of Lithuania-National Bank of Poland-CEBRA-CEPR conference on Macroeconomic Interdependence in the Age of Global Value Chains for helpful suggestions, and to Andreas Kropf, Bogdan Bogdanovic, Julian Ludwig, Pierre Yves Deléamont, Gian Marco Humm, Barthélémy Bonadio, and Burcu Erik for excellent research assistance. We would especially like to thank Christopher Otrok for sharing his factor model estimation code with us. The views expressed in this study do not necessarily reflect those of the Bank for International Settlements or the Swiss National Bank. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.