The Dominant Role of Expectations and Broad-Based Supply Shocks in Driving Inflation
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https://www.nber.org/papers/w32322
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资源简介：
The object of this paper is to assess the role of supply shocks, labour market tightness and expectation formation in explaining bouts of inflation. We begin by showing that a quasi-flat Phillips curve, which was popular prior to the pandemic, still fits the post-2020 US data well and that changes
提供机构：
美国国家经济研究局
创建时间：
2024-04-01
