How Do Supply Shocks to Inflation Generalize? Evidence from the Pandemic Era in Europe
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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
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美国国家经济研究局创建时间：
2023-10-01
