Kabaca, Serdar; Tuzcuoglu, Kerem - 2023 - Last updated: March 31, 2023
This paper examines the contribution of several supply factors to US headline inflation since the start of the COVID-19 … contributors to the US inflation during the pandemic. In contrast, labor shortages only mildly contribute to inflation, but their … inflation only towards the middle of 2022. Finally, our analysis, which also allows the identification of monetary policy and …