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How Do Supply Shocks to Inflation Generalize? Evidence from the Pandemic Era in Europe

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NBER2023-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31790
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资源简介:
We document how supply-chain pressures, household inflation expectations, and firm pricing power interacted to induce the pandemic-era surge in consumer price inflation in the euro area. Initially, supply-chain pressures increased inflation through a cost-push channel and raised inflation
提供机构:
美国国家经济研究局
创建时间:
2023-10-01
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