Showing 1 - 10 of 6,235
(like professional forecasters) have responded to the COVID-19 pandemic by lowering their one-year-ahead inflation …) following the onset of the pandemic, while household measures of inflation expectations jumped markedly. Third, despite the … see the shock (thus far) largely as a demand rather than supply shock. A greater share of firms reports significant or …
Persistent link: https://www.econbiz.de/10012268092
, on net, saw COVID-19 largely as a demand shock and lowered their one-year-ahead expectations. However, as the pandemic …Using the Federal Reserve Bank of Atlanta's Business Inflation Expectations (BIE) survey, which has been continuously … firms' marginal cost expectations and risk during the COVID-19 pandemic. First, in the early months of the pandemic, firms …
Persistent link: https://www.econbiz.de/10014368549
Persistent link: https://www.econbiz.de/10014317965
The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global … effective vaccines. While many governments implemented lockdowns to counter the pandemic, others did not let the virus halt … economic activity. In this paper, we use a Bayesian Vector Autoregressive framework to study the effects of the pandemic on …
Persistent link: https://www.econbiz.de/10012792445
pandemic were a negative supply shock, and the residual structural factors were a positive demand shock. The resulting excess …-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and … import demand contributed to the rise in domestic inflation. …
Persistent link: https://www.econbiz.de/10015057719
(like professional forecasters) have responded to the COVID-19 pandemic by lowering their one-year-ahead inflation …) following the onset of the pandemic, while household measures of inflation expectations jumped markedly. Third, despite the … see the shock (thus far) largely as a demand rather than supply shock. A greater share of firms reports significant or …
Persistent link: https://www.econbiz.de/10012653483
, on net, saw COVID-19 largely as a demand shock and lowered their one-year-ahead expectations. However, as the pandemic …Using the Federal Reserve Bank of Atlanta's Business Inflation Expectations (BIE) survey, which has been continuously … firms' marginal cost expectations and risk during the COVID-19 pandemic. First, in the early months of the pandemic, firms …
Persistent link: https://www.econbiz.de/10014388426
unless corrected with restrictive monetary policies. Thus, the inflation shock since COVID-19 is not transitory, but it is … may be attributed to a failure to incorporate a unique macroeconomic shock to unemployment during the pandemic. We propose …The core personal consumption expenditure (PCE) price index, the Federal Reserve's preferred inflation gauge, rose to 5 …
Persistent link: https://www.econbiz.de/10013199384
Persistent link: https://www.econbiz.de/10013262631
, and Germany, during the coronavirus pandemic (from January 2020 to February 2022). The pandemic has had various adverse …The aim of the article is to clarify the controversies surrounding the relationship between inflation and unemployment … also an increase in inflation. The article, therefore, hypothesises that the relationships between unemployment and …
Persistent link: https://www.econbiz.de/10015063564