Tradeoffs over Rate Cycles: Activity, Inflation and the Price Level by Kristin Forbes, Jongrim Ha, M. Ayhan Kose published by NBER (5/2025). Central banks often face tradeoffs in how their monetary policy decisions impact economic activity (including employment), inflation and the…
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Today’s inflation and the Great Inflation of the 1970s (Ha et al.)
mar 30, 2022, 11:31 AM 0
Today’s inflation and the Great Inflation of the 1970s: Similarities and diferences by Jongrim Ha, M. Ayhan Kose, Franziska Ohnsorge published by VOXEU (3/2022). The recent commodity price surge, in the wake of Russia’s invasion of Ukraine, has exacerbated already…