Do "Shortages" Cause Inflation?
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I count the number of times per month that the word `shortage' appears on the front page of The Wall Street Journal and The New York Times for the period 1969-1994. Using this as a general measure of shortages in the US economy, I test whether shortages help predict inflation. Using a variety of
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美国国家经济研究局创建时间:
1995-12-01



