Inflation and real GDP growth in the U.S.—Demand or supply driven?

C-Tier

Journal: Economics Letters

Year: 2023

Volume: 231

Issue: C

Authors (3)

Chang, Jui-Chuan Della (not in RePEc) Jansen, Dennis W. (Texas A&M University) Pagliacci, Carolina (Instituto de Estudios Superior...)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

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Abstract

We compute the part of real GDP growth and inflation due to structural shocks to aggregate supply and demand. We find that the Covid recession and subsequent recovery in the U.S. were driven by both demand and supply shocks.

Inflation and real GDP growth in the U.S.—Demand or supply driven?

Authors (3)

Abstract

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