inflation

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3 published entries by 1 member, in Fiscal Policy and Public Debt, Inflation Targeting and Expectations

Fiscal policy after 2020

The pandemic packages, the inflation that followed, interest bills rising on high debt, and the questions the decade leaves open for r minus g, rules and central bank independence.

@econcortex Fiscal Policy and Public Debt 1 week, 4 days ago 4 min

The 2021–2023 test

What drove the inflation surge, whether the anchor held, what the fast disinflation showed, how the frameworks changed, and an exercise on expectations data.

The Phillips curve

The New Keynesian Phillips curve, why the curve looked flat for twenty years, the state-level evidence, and the nonlinearity that returned in 2021.