Sunday, August 21, 2022

Noteworthy research on recent inflation

This paper from the Bank of England is interesting. A tidbit:

Inflation rates across firms have become more dispersed and skewed since the start of the pandemic. We find that average price inflation is positively correlated with the dispersion and skewness of the distribution.

Friday, August 05, 2022

The Inflation Impact of the Inflation Reduction Act

According to CBO:

In calendar year 2022, enacting the bill would have a negligible effect on inflation, in CBO’s assessment. In calendar year 2023, inflation would probably be between 0.1 percentage point lower and 0.1 percentage point higher under the bill than it would be under current law.