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Title
Sectoral shocks and monetary policy in the United Kingdom.
Abstract
A summary of the research paper "Working Paper No. 499" written by banking personnel Jeremy Franklin, Huw Dixon, and Stephen Millard for Great Britain's central bank, the Bank of England is presented. Topics discussed include the effects of sectoral shocks to the economy of Great Britain, differences in aggregate consumer prices index (CPI) inflation, and significance of the Classification Of Individual Consumption by Purpose (COICOP) sectors.