-
Energy prices are linked to agricultural prices directly and through fertilizers
Analysis of monthly data from 1990 to 2024 shows energy prices affect wheat, maize, and soybean prices directly through fuel costs and indirectly through fertilizers.
-
Oil revenue shocks affected Russia differently after 2014
Subsample analysis reveals structural breaks in Russia's oil revenue shock transmission mechanisms post-2014, showing reversed fiscal policy effects and strengthened monetary policy inflation.
-
Two inflation regimes detected in WAEMU
Advanced cyclical turning point indicators for inflation in WAEMU using regime-switching models reveal that external factors like oil prices and imported inflation, beyond central bank control.