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Decomposing the Inflation Dynamics in the Philippines

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Decomposing the Inflation Dynamics in the Philippines
https://www.elibrary.imf.org/view/journals/001/2019/153/001.2019.issue-153-en.xml
summarize:
In 2018, inflation rates in the Philippines increased significantly due to both demand and supply factors.
Supply factors, primarily global commodity prices, were linked to commodity-price shocks, while
demand factors were influenced by wider non-oil trade deficits. A semi-structural model revealed that
supply factors played a significant role in explaining the rise in inflation, while demand factors also
contributed to inflation. The estimated output gap could be larger due to widening trade deficits, and
delayed monetary policy tightening could be costly due to higher inflation rates.
Paraphrase:
According to Guo et al. (2019). In the Philippines, inflation rates climbed dramatically in 2018 due to
both demand and supply issues. Commodity price shocks influenced supply variables, especially global
commodity prices, whereas non-oil trade deficits influenced demand factors. A semi-structural model
found that supply variables were important in explaining the rise in inflation, but demand factors also
played a role. The predicted output gap may be greater due to growing trade deficits, and delaying
monetary policy tightening may be costlier due to increased inflation rates.
Guo, S., Karam, P., & VlĨek, J. (2019). Decomposing the inflation dynamics in the
Philippines. IMF Working
Paper, 19(153). https://doi.org/10.5089/9781498319324.001
The Impact of Teenagers’ Digital Literacy on the Use of Social Media
https://scholar.google.co.id/citations?view_op=view_citation&hl=en&user=ApaOHd8AAAAJ&citation_fo
r_view=ApaOHd8AAAAJ:iH-uZ7U-co4C
summarize:
Teenagers are the biggest users of social media, requiring strong control from various parties. Digital
literacy knowledge is crucial for teenagers to effectively use social media, as it can cause problems when
sharing content, images, and desirable websites. This research investigates the involvement of
teenagers in social media and its impact on their digital literacy knowledge. A mixed-method study was
conducted on 273 teenagers aged 13–18 years. Results showed that teenagers use most social media,
believe it helps solve problems, and can change digital literacy and content to facilitate socializing.
Paraphrase:
Teenagers, who are the most active consumers of social media, need strict supervision from several
sources. Digital literacy skills are essential for teenagers to utilize social media efficiently, as it might
pose issues when sharing content, photographs, and appealing websites. This study looks into
teenagers' use of social media and how it affects their digital literacy expertise. A mixed-methods study
was carried out on 273 teens aged 13 to 18. The findings revealed that teenagers use social media the
most, believing it helps address problems and that it can modify digital literacy and content to facilitate
socialization.
Mardiana (2020). The Impact of Teenagers’ Digital Literacy on the Use of Social
https://eudl.eu/pdf/10.4108/eai.20-6-2020.2300631. (n.d.). Proceedings of the 3rd
International Conference on Advance & Scientific Innovation, 274–280.
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