Academic article - Global inflation

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Question English Answer English
phenomenon
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something unusual or interesting that can be seen.
inflation
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continuous increase in prices.
variance
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the fact that two or more things are different
fluctuation
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the process of changing, especially continuously between one level and another.
robust
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strong and unlikely to break
benchmark
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a level of quality that can be used as a standard when comparing other things
macroeconomic
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financial systems at a national level
expenditure
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the total amount of money that a government or person spends
business cycle
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a period of time during which a country's economy goes to recession and back to growth
domestic
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relating to a person's own country
strikingly
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in a way that is very unusual, but attracts a lot of attention
accelerate
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to get faster
comevement
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The correlated or similar movement of two or more entities.
prominent
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very well known and important
disinflation
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a situation in which a country's prices go down
hence
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a reason or explanation for something.
downward
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moving towards a lower position
commonality
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the fact of sharing interests or experiences with someone or something.
empirical
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based on what is experienced or seen rather than on theory
implication
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the effect of some action that will affect something in the future
predictability
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situation when we can predict if something is likely to happen
qualitative
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relating to how good or bad something is
attractor
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a thing that attracts something else.
uniform
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the same
price stability
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a situation when the price is stable.
forecast
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a statement of what is likely to happen in the future.
augment
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to increase the size or value of something by adding something to it
Naive models of inflations
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Some kind of inflation models, which are hard to believe in.
exploit
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to use something in a way that helps you
circulation
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the process in which something passes from one person to another
decompose
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to decay
spillover of inflation
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an amount of inflation that has become too much to handle
monetary regime
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a particular way of operating a monetary policy.
Contradiction
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the fact of something being the complete opposite of something else.
companion paper
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related paper(article) to this witch is in some sort of relation.
exhaustive
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complete and including everything
Extent
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amount
alternative measures
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alternative methods to discover the exact size or amount of something.
Descriptive
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describing something.
subsample
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a smaller sample that is someway different that the larger one.
subgroup
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a smaller group somehow diffrent
appendix
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a small tube-shaped part that is joined to the intestines on the right side of the body and has no use in humans:
CPI
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consumer price index - the way to measure inflation
indicator
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something that shows what a situation is like
Year-on-year
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used to compare financial results with those of the same period in the previous year
cross-country
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across the length of a country
aggregate
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something formed by adding together several amounts or things
parsimonius
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not willing to spend money or to give or use a lot of something
idiosyncratic
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having strange or unusual habits, ways of behaving
economics
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the way in which trade, industry, or money is organized, or the study of this
statistics
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the science of using information discovered from collecting, organizing, and studying numbers
principal
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the most important
demeaned
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to cause someone to become less respected
deviates
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to do something that is different from the usual
presumably
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used to say what you think is the likely situation:
coincide
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to happen at or near the same time
stance
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a way of thinking about something, especially expressed in a publicly stated opinion:
to gauge
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to calculate
presumably
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used to say what you think is the likely situation.
Exchange rate regime
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is the way a monetary authority of a country or currency union manages the currency in relation to other currencies and the foreign exchange market.
median
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The median value is the middle one in a set of values arranged in order of size
correlate
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If two or more facts, numbers, etc. correlate or are correlated, there is a relationship between them
truncation
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the act of making something shorter or quicker, especially by removing the end of it.
Explanatory
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giving an explanation about something
to discard
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to get rid of something
Regressed
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to return to a previous and less advanced or worse state, condition, or way of behaving
covariate
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in a study, a variable that may affect the result of what is being studied
Commodity prices
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is a price of a physical good that can be bought or sold on the commodity market.
neatly
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in a tidy way
Persistence
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lasting for a long time or difficult to get rid of
autoregressive
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autoreturning to a previous and less advanced state
Temporary shock
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a time-limited shock in the economy.
Nonstationary
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moving, changing
To emerge
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to appear from somehere.
long-run
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a long period of time
Broadly
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in a general way
summarize
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to express the most important facts or ideas about something or someone in a short and clear form
Outperform
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to do well in a particular job or activity compared to others of a similar type
attain
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to reach or succeed in getting something
Phillips curve
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is an economic concept developed by A. W. Phillips stating that inflation and unemployment have a stable and inverse relationship.
Research agenda
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a list of research matters to be discussed at a meeting
equation
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a mathematical statement in which you show that two amounts are equal using mathematical symbols
Price level
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is the average of current prices across the entire spectrum of goods and services produced in an economy.
framework
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a system of rules, ideas, or beliefs that is used to plan or decide something
Denote
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to represent something
Preliminary
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coming before a more important action or event, especially introducing or preparing for it
endogenous
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found or coming from within something, for example a system or a person's body or mind

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