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The long-run effects of pandemics on inflation: Will this time be different?()
We find that past major pandemics have led to a significant decline in trend inflation in Europe that lasts for more than a decade. The effects of the COVID-19 pandemic on trend inflation could, however, be different this time around.
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8450057/ https://www.ncbi.nlm.nih.gov/pubmed/34566209 http://dx.doi.org/10.1016/j.econlet.2021.110065 |