The long-run effects of pandemics on inflation: Will this time be different?

C-Tier

Journal: Economics Letters

Year: 2021

Volume: 208

Issue: C

Authors (2)

Bonam, Dennis (de Nederlandsche Bank) Smădu, Andra (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

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.

The long-run effects of pandemics on inflation: Will this time be different?

Authors (2)

Abstract

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