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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.

Detalles Bibliográficos
Autores principales: Bonam, Dennis, Smădu, Andra
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
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