United Kingdom [electronic resource] : Selected Issues.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 07/90Publication details: Washington, D.C. : International Monetary Fund, 2007Description: 1 online resource (35 p.)ISBN: 145197843X :ISSN: 1934-7685Subject(s): Exchange Rate | International Monetary Fund | Relative Price | Relative Prices | United KingdomAdditional physical formats: Print Version:: United Kingdom : Selected IssuesOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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.
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