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The Dynamics of Large Inflation Surges

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NBER2022-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30555
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We empirically characterize episodes of large inflation surges that have been observed worldwide in the last three decades. We document four facts. (1) Inflation following surges tends to be persistent, with the duration of disinflation exceeding that of the initial inflation increase. (2) Surges
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2022-10-01
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