Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "16187"
  #_source: array:26 [
    "id" => "16187"
    "slug" => "16187-robust-regularities-in-the-heterogeneity-of-consumer-price-inflation"
    "yearMonth" => "2026-03"
    "year" => "2026"
    "title" => "Robust regularities in the heterogeneity of consumer price inflation"
    "description" => "ANN XING, B., FEUNOU, B. et TÉDONGAP, R. (2026). Robust regularities in the heterogeneity of consumer price inflation. <i>Journal of International Money and Finance</i>, 163, pp. 103536."
    "authors" => array:3 [
      0 => array:3 [
        "name" => "TÉDONGAP Roméo"
        "bid" => "B00693411"
        "slug" => "tedongap-romeo"
      ]
      1 => array:1 [
        "name" => "Ann Xing Bingxin"
      ]
      2 => array:1 [
        "name" => "Feunou Bruno"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:5 [
      0 => "Individual consumer price inflation"
      1 => "Phillips curve"
      2 => "Cross-sectional asset pricing"
      3 => "Fama-MacBeth procedure"
      4 => "Inflation risk premium"
    ]
    "updatedAt" => "2026-02-05 09:40:01"
    "publicationUrl" => "https://doi.org/10.1016/j.jimonfin.2026.103536"
    "publicationInfo" => array:3 [
      "pages" => "103536"
      "volume" => "163"
      "number" => ""
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "We define the Individual Excess Inflation Rates (IEIR) for consumer goods and services as their Individual Inflation Rates (IIR) minus the CPI inflation rate. Cross-sectional heterogeneity in the IEIRs of consumer items can be explained by their varying exposures to both pro-cyclical factors (e.g., long-term inflation expectations, wages, and consumer sentiment) and counter-cyclical factors (e.g., the unemployment gap, economic policy uncertainty, and financial conditions). Approximately 40% of the variation in IEIRs is attributable to the differential responses of items to these macroeconomic factors. Items that are more sensitive to pro-cyclical factors tend to display lower IEIRs, whereas those more responsive to counter-cyclical factors exhibit higher IEIRs. These findings remain robust after controlling for other potential drivers, such as inflation volatility and persistence."
      "en" => "We define the Individual Excess Inflation Rates (IEIR) for consumer goods and services as their Individual Inflation Rates (IIR) minus the CPI inflation rate. Cross-sectional heterogeneity in the IEIRs of consumer items can be explained by their varying exposures to both pro-cyclical factors (e.g., long-term inflation expectations, wages, and consumer sentiment) and counter-cyclical factors (e.g., the unemployment gap, economic policy uncertainty, and financial conditions). Approximately 40% of the variation in IEIRs is attributable to the differential responses of items to these macroeconomic factors. Items that are more sensitive to pro-cyclical factors tend to display lower IEIRs, whereas those more responsive to counter-cyclical factors exhibit higher IEIRs. These findings remain robust after controlling for other potential drivers, such as inflation volatility and persistence."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2026-02-19T06:21:46.000Z"
    "docTitle" => "Robust regularities in the heterogeneity of consumer price inflation"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/tedongap-romeo">TÉDONGAP Roméo</a>, Ann Xing Bingxin, Feunou Bruno"
    "docDescription" => "<span class="document-property-authors">TÉDONGAP Roméo, Ann Xing Bingxin, Feunou Bruno</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2026</span>"
    "keywordList" => "<a href="#">Individual consumer price inflation</a>, <a href="#">Phillips curve</a>, <a href="#">Cross-sectional asset pricing</a>, <a href="#">Fama-MacBeth procedure</a>, <a href="#">Inflation risk premium</a>"
    "docPreview" => "<b>Robust regularities in the heterogeneity of consumer price inflation</b><br><span>2026-03 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://doi.org/10.1016/j.jimonfin.2026.103536" target="_blank">Robust regularities in the heterogeneity of consumer price inflation</a>"
  ]
  +lang: "en"
  +"_score": 8.628305
  +"_ignored": array:2 [
    0 => "abstract.en.keyword"
    1 => "abstract.fr.keyword"
  ]
  +"parent": null
}