We construct a balanced panel data set for inflation and its potential drivers in 47 advanced and emerging market economies.
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An unprecedented rise in the inactive population since February has seen more than 30 million workers going missing from official unemployment statistics across selected OECD and Emerging Market economies. Because of this” hidden unemployment,” the true monthly hit to household consumption could be underestimated by USD14bn, according to Euler Hermes, one of the global leaders
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