Relative-Price Changes as Aggregate Supply Shocks Revisited: Theory and Evidence
Published Date
Copyright 2024
DOI 10.1016/j.jmoneco.2024.103650
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Copy CitationHassan Afrouzi, Saroj Bhattarai, and Edson Wu, Inflation in the COVID Era and Beyond (Journal of Monetary Economics, volume 148 supplement, 2024), https://www.nber.org/books-and-chapters/inflation-covid-era-and-beyond/relative-price-changes-aggregate-supply-shocks-revisited-theory-and-evidence.Download Citation
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We provide theory and evidence that relative price shocks can cause aggregate inflation and act as aggregate supply...
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