The next open research seminar “Understanding Inflation in India” is to take place at the National Bank of Ukraine on May 17, 2017 at 2 p.m. Prof. Laurence Ball from Johns Hopkins University will present the results of joint research with Anusha Chari and Prachi Mishra on inflation dynamics in India. Prof. Ball will discuss the factors driving inflation fluctuations and show the distinction between headline and core inflation. In their study authors explain core inflation with a Phillips curve in which the inflation rate depends on a slow-moving average of past inflation and on the deviation of output from trend. Headline inflation in turn is argued to be more volatile than core. Prof. Ball will speak on the contribution of the large changes in the relative prices of certain industries to the inflation process. Special attention will be paid by prof. Ball to the dynamic interactions among core inflation, headline inflation, and supply shocks.
Representatives of academic and expert communities are welcome to discuss the inflation issues and effective policies to control inflation in emerging markets.
Please follow the link to view the research paper/
The working language of the seminar will be English.
Seminar venue: room 206, 9, Instytutska St., Kyiv. The venue can be accessed via the central entrance. All participants are required to have a passport. Registration of participants will take place from 1.45 p.m. to 1.55 p.m.
In order to participate in a seminar, all interested stakeholders must submit an application indicating the applicant's first name and surname, place of employment, and contact information (telephone, e-mail) by the end of the day on 15 May 2017 via e-mail to [email protected]. Given the limited seats available, the NBU reserves the right to accept or reject applications. The NBU will inform each applicant as to acceptance or rejection of an application by the end of the day on 17 May 2017.
We also encourage potential contributors to participate in the upcoming seminars and present the findings of their research studies. To this end, please send your submissions (presentation materials and/or an article, CV, with an indication of a suitable date for the seminar to take place) to the Research Unit of the Monetary Policy and Economic Analysis Department for consideration via e-mail to: [email protected].